Forex Blog

Fundamental analysis allows us to determine how the country's currency will behave with the dynamics of economic data in one direction or another, and so then we can make a prediction whether to invest in a particular sector of the economy or not.

The commodity channel index belongs to the category of market indicators: this is the most powerful weapon for traders for many years. The true effectiveness and significance of this indicator is demonstrated by the fact that CCI is included in most trading terminals and platforms: developers with hunting implement it in classical analytics tools.

The developer of the Range Bar corrected the system of creating candles. If in a classical, traditional model they are created in time (for example, for 5 minutes or the hour: after the price passes a fixed time interval, a new candle is formed), then in the updated solution, the candle is created through a spread of prices.

If you look at and analyze any trading chart, then using the Renko charts you can once again (on the next or the hundredth) confirm that the Pareto rule really works.

Most of the players just do not understand how to use pyramiding better, so it's afraid of it. But we will reveal the secrets and share practical approaches.

Andrews' pitchfork is used to build the main price channel on the trend market, and also to divide it into two parts. The lines that are created based on pitchforks demonstrate nothing less than support and resistance, showing the degree of probability that the price will depart from the line and go beyond the price corridor.

Do not be naive to believe that the huge amount of money you spend on super courses will turn you into a millionaire trader, a market genius and a professional. Success includes not only the knowledge gained but also their correct application. And this means you can not do without practice. Practical training is above all.

The player actively and widely applies graphics as a means for conducting a technical analysis of the market, for forecasting and making correct trading decisions.

At the moment, funds are attractive: it is a high-quality investment product, where the profit potential is really wide.

In the role of influencing factors provoking the movement of the pound, macroeconomic indicators in the UK and other important data directly related to the state.