Forex Blog

Since the eighteenth century, traders began to call themselves «bulls» and «bears»

And, of course, do not forget that there is such a science as risk management forex: for successful, efficient and profitable trading you need to adhere to the strategy of reducing the potential losses.

The advantage of this tactic is that it provides an opportunity to effectively combat the complexity of the entry against the trend.

The situation when there is a divergence in the market is not uncommon: this may indicate only one factor - it is worth waiting for the direction to change.

Investors and traders, for whom the forex market is not just a hobby, but a source of earnings, will strive to devote the news to the maximum time.

Bill Williams is the author of not only market systems, but also a developer of his indicators.

It was thanks to the development of professionals, their knowledge and analytical mindset that Chaikin was able to develop a very effective and profitable tool that repeatedly proves its effectiveness in practice.

We can easily divide the wave movement into smaller parts, that is, any movement repeats itself, but on different scales and boundaries.

The most effective and acceptable result for the trader is the system provides on the trend currency pairs - AUD / USD, EUR / USD.

The graphic formation Double top / double bottom is a frequent occurrence. By its nature, the pattern is the reversal, so a player needs to know how to enter the market when forming a formation, and how to correctly place orders (stop-loss) and designate goals.