Forex Appendix – Forex Definitions: For the purposes of this document, and for an understanding of general industry terms, we have put together a list of terminology definitions: Brokerage = legal entity allowed to open customer accounts and collect customer money. Broker = an employee of the brokerage that is working with a customer. Introducing […]
The subject of this article belongs to a category often ignored by traders. In the rush of counting only the potential profit from Forex trading, retail traders tend to forget that trading has adjacent costs too. One of those costs is the slippage, but in the same category, we can easily include swaps, spreads, commissions […]
Oscillators are powerful trading indicators offered by any Forex broker. Almost all of them show overbought and oversold conditions and traders try to get as early in a trade as possible. However, the problem with buying oversold and selling overbought markets is that this Forex trading system works only when the market is in a […]
Besides trend indicators, a Forex broker’s trading platform also offers a set of trading oscillators. Oscillators are great tools to complement the Forex analysis and traders mainly use them to spot appropriate Forex market entry points. Opposite then trend indicators, oscillators appear at the bottom of a chart. In a separate window, they project levels […]
Trend trading is one of the reasons why most retail traders come to the Forex market. What’s more appealing than riding a trend, simply looking to buy the dips in a rising market or sell the spikes in a falling one? But to ride a trend, one needs to be able to identify it. Technical […]
Technical analysis uses historical price data to forecast future prices. In Forex trading technical analysis is widespread among retail traders as it brings discipline to the trading process. Pattern recognition is a classic technical analysis approach where traders use specific rules to trade the currency market. Back in time these patterns were researched and documented […]
