Forex Blog

Andrews pitch and trade using these market instruments

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.

Andrews pitch and trade using these market instruments

Point at Forex

Currency quotes are the parameters, the coefficients of the relationship of prices: one currency to another. They are presented in the form of numbers.

Point at Forex

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