ADX – Average Directional Movement Index
Average Directional Movement Index (ADX) – a popular indicator, which simply answers on such questions as how to determine in what phase is the market right now, is easy for useand allows you to monitor the market.
I Average Directional Movement Index will help to avoid oubts what to do right now: sell at the top or the expected breakdown of level? Read more
Basic Forex trading rules, findings and observations
I want to share with you a list of the rules, findings, observations of different successful Forex traders. It is based both on theory and practice.
Look for fundamental causes of the forex or stock market behavior and try to understand why the price is moving that way. And then use technical analysis and indicators. This will allow you to make a more informed decision. Read more
Newcomers and Forex strategies – can success be guaranteed?
Every newcomer who goes to the international foreign exchange market begins his work quite seriously. The very first day there arises a question: how to operate in the market to remain at least break-even? Forex trading strategies can help with this.
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The foreign exchange market
The foreign exchange market (Forex) is a global financial market for trading currencies where money is sold and bought freely. It is regarded as the most traded world financial market with a considerable number of investors and average daily turnover of US$4 trillion. The major financial centers of the world located in New York, Tokyo, London, Frankfurt and Sydney function as centers of trading among a variety of different kinds of sellers and buyers.
Forex market determines the relative values of different currencies. Read more
About Forex Market
Forex (Foreign Exchange) is an over-the-counter interbank market where every day transactions on selling and buying of one currency for another are carried out. Forex market differs from other financial markets by a huge trading amount (about $2.5 trillion daily), the lowest price of transactions and the fastest money turnover. It is the only financial market that operates 24 hours a day. Read more
What are technical indicators in the forex market?
Technical indicators are data points used to indicate the strength and movement of currency. If a person can guess the movement of currency from a series of data points, they can buy and sell the right currency. Forex trading, FX trading, and Foreign Exchange Market trading – what do they all have in common? They’re all names for the same thing. People have developed many names for the business of currency trading over the years, but they’ve developed a lot more technical indicators. Read more
Few words about RSI and Stochastic Oscillator
A Forex indicator, or a Forex technical indicator, is a set of data points that are utilized when predicting movements in currencies. If you can get a jump on where currency is moving using data points, you can profit lucratively from currency trading. It beats blind guessing and going on emotion, at least. By the way, a data point is a datum. It is an item of factual information that is sourced from a measurement or research. Read more
Trading vs gambling. How to win?
There is one golden rule if you are going to start trading: When your daily work becomes a game of luck you have to stop and make some changes
When you hear such phrases as “I felt incredible passion during trading” you should understand that people who think in such way have the same chances for success both in trading and in slot machines. Only losses. Read more
What does NASDAQ mean?
The NASDAQ (originally standing for National Association of Securities Dealers Automated Quotations) is the world first electronic stock exchange founded in 1971. As automated quotations quickly grew into the world huge electronic stock market now computerized, the acronym has lost its original meaning, and the word Nasdaq is now mostly used as a noun.
Comprising over 3,300 company listings the NASDAQ has the greatest trading volume with around 2 billion trades per day. The NASDAQ is however world second to NYSE (New York Stock Exchange) in market capitalization mostly due to the lower listing fees requirements. Read more
What is New York Stock Exchange?
New York Stock Exchange (NYSE) – the main U.S. stock exchange, the largest in the world. The symbol of financial power and the U.S. financial industry in general. Dow Jones Industrial companiesindex (Dow Jones Industrial Average)is determined at New York Stock Exchange, as well as index NYSE Composite. The Exchange was founded May 17, 1792, when 24 of the New York broker who worked with financial instruments and enter into transactions Read more
