Posts Tagged ‘forex’
Forex trade should be based on a sophisticated trading strategy. Of course, the main trading principle remains the same – buy cheap, sell expensive. Profitability of your trade depends not only on right predictions of a market movement, but also on your ability to work out an effective strategy. The strategy designed completely by the… Read more
Any indicator, giving signals, is aimed at helping a trader to make a correct decision. The indicator is to provide clear and distinct signals so that they did not appear ambiguous to a trader. The Ichimoku indicator was developed in Japan by Goichi Hosoda for Nikkei 225. Today this indicator is combined with Japanese candlesticks’ analysis… Read more
In order to make profit on the international foreign exchange market, a trader needs to constantly monitor price movements, in accordance with which he decides whether to buy or sell the currency. Various indicators are of great help in defining price fluctuations. Indicators are graphically represented mathematical formulae, based on the data about price fluctuations… Read more
The fundamental analysis is one of the most important elements of the analysis and forecasting on the Forex market. The technical analysis is also a powerful instrument, however, the forecasts made on the basis of the fundamental analysis are more precise and the process of the analysis will allow to go to the root of… Read more