As usual, first a few words regarding last week’s forecast: - for the EUR/USD pair the forecast was fulfilled by no less than 100%. We supposed that the EUR/USD pair would experience a sideways trend and a possible descent to the 1.0800 mark...
i am working o EUR/USD. i take the position on the basis of fundametanls not technicals analysis, So, i start my analysis and compare to both currency USD EUR...
i am working o EUR/USD. i take the position on the basis of fundametanls not technicals analysis, So, i start my analysis and compare to both currency USD EUR...
Should You Use VPS In Forex Trading? First off, if you are not familiar with or why you would use a Virtual Private Server (VPS), it is considered a leading topic for web hosting but not so much for Forex trading...
Perseverance and having great patient is the greatest advantage for a forex trader...
Wilder suggests that divergence between an asset's price movement and the RSI oscillator can signal a potential reversal. The reasoning is that in these instances, directional momentum does not confirm price...
RSI is one of the most popular indicators used in technical analysis. RSI indicator plots the divergence and convergence of moving averages. The RSI is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend-following indicator...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: United Kingdom in focus: how will sterling and FTSE be impacted after Conservatives' victory...
is indeed true that there is no single strategy that will always give you wins. as we all know that forex is a game of probabilities. All we are trying to do is being on the high probability side and make money out of it...
As we all know, trading in forex could be a kind of investment that is classified as high risk, but also a high reward trading system that could allow an investor to either make a lot of money in a short period of time, or it could also work against to lose a huge sum...
Take an Overall View of the Market If you’re trading in a bullish market, then the majority of your trades should be long. If the market bearish then most trades you take should be short...
Wilder suggests that divergence between an asset's price movement and the RSI oscillator can signal a potential reversal. The reasoning is that in these instances, directional momentum does not confirm price...
The symbols for all currencies have three letters. The first two letters denote the name of the country and third letter stands for the name of that country’s currency. As an example, let’s look at the USD. The US stands for United States and the D stands Dollar...
Traders can draw trend lines using RSI indicatorin the same way as trend lines on the price charts. RSI trend lines are plotted as the same way as trend-lines are plotted on the chart; by joining consecutive highs of the RSI Indicator or consecutive lows on the RSI Indicator...
When almost no one believes the market is dangerous, that’s when you should be cautious. A big number of market participants incorrectly believe that market bubbles grow quickly and burst. A true bubble is a long period of excess...
Tenkan-sen line is located below Kijun-sen line of Ichimoku indicator with 0.7532 support level on monthly timeframe chart for the bearish market condition to be continuing...
While the U.K. general election, which is taking place today, was considered to be the most tightening, analysts suggest how best to estimate what investors make of it after the results are ready...
Former Soviet President Mikhail Gorbachev commented on the refusal of leaders of several European countries and the United States to come to Moscow for the celebration of the 70th anniversary of the victory over fascism...
The yields on treasuries rise, US stocks decline In anticipation of the publication of data on the US labor market is growing concern of investors. ADP data released yesterday pointed to the reduction in the number of jobs created in the private sector 5 consecutive month...
Divergences not only signal a potential trend reversal; they can also be used as a possible sign for a trend continuation. Always remember, the trend is your friend, so whenever you can get a signal that the trend will continue, then good for you...
