Technical indicator RSI is considered to be one of the most common on the Forex market. It belongs to the
oscillators and is included to the standard package of trading platforms. This indicator has a single line
and is designed to determine the strength of the current trend, as well as its probable point of reversal.
RSI compares the absolute value of the price increase on the Forex currency pair over a certain time period
with a degree of its fall over the period. Results of calculations are...
Estimating of the currency rates is made in pairs, each of which depends on the different circumstances. So
it should be realized that there is a relationship and mutual dependence of the currency units.
The simplest definition of "flat" is a period of time when the price stays within the same range and almost
doesn't grow or decrease. Flat on Forex is a very dangerous period of time because...
Modern trader is not just a market fighter, first of all he is a serious analyst with diverse interests. And
there is nothing more important than information for the analyst. Professional traders are interested in
almost everything about the world economy: from the prices for...
Only one indicator – Moving Average (MA) on closing, the period of which is equal to 40 is used during the
process of trading using "Chariot" strategy. Any currency pair, as well as all the timeframes, ranging from
an hour and up to a week will suit for this strategy. It is best for timeframe to be as big as possible.
Trading on Forex is a range of activities. Each trader should be able not just to know how to calculate the
profit, but to learn to stop on time, close the order and finish the trading. The minute of delay often can
cause the serious losses.
As you know, every trade on the currency market is exposed to some level of risk. To reduce possible losses
and increase the profit, traders use some methods of the risk management.
The pending order strategy has gained big popularity among Forex traders. This situation was caused by the
high efficiency of such work tactic, which allows to reduce the psychological pressure on the market
participant and to open profitable positions in the situation of the sharp price changing.
Traders are constantly looking for a tool that will accurately indicate the time you need to enter into a
transaction to buy or sell. Regardless from the fact that all professional traders apply individual trading
strategies, that have been repeatedly proven, they are still constantly looking for simple methods to work
effectively on the Forex market.
To learn how to earn on the currency market and to become successful trader, you should follow rules of the
"Trading psychology" and also to understand, that you need to seek to create your own successful trading
Everybody knows about "Trading". It takes place daily in the life of people, even though they may not
realize this fact. But what is trading on the online financial market? What are its features?