Breakouts are a common phenomenon in the forex markets. Active investors await breakouts as they provide an opportunity to profit within the trend's early stages. Once price moves beyond a given barrier, i.e., range, volatility tends to increase, resulting in price moving with speed in the breakout direction. A break out essentially occurs whenever price moves above a … [Read more...] about Types of Forex Breakout Trading Strategies That Work
Advantages and disadvantages of forex ECN/STP and market maker brokers
Types of brokerage models matter? Brokers that deal with the forex markets fall under two umbrellas, brokers that send your orders to liquidity providers or the interbank market, and others that route your orders to their internal intermediary, known as a dealing desk. Being that the forex market is a decentralized market makes it very difficult for outsiders to know, … [Read more...] about Advantages and disadvantages of forex ECN/STP and market maker brokers
Golden Cross and Death Cross: How to Use These Setups
The Golden Cross Technical analysis is an important tool used to predict future price movements of stocks. A Moving Average (MA) defines the average price of an asset over a given period of time. In technical analysis, the Golden Cross is a pattern where the short-term MA crosses the long-term MA from below. Conventionally, in a Golden Cross, the 50-day short-term average is … [Read more...] about Golden Cross and Death Cross: How to Use These Setups
Who buys the tops and sells the bottoms?
The price activity in forex trading always moves in a sequence of tops and bottoms. If you’ve been trying to analyze these trends of tops and bottoms, you can very well determine how the market is going to react under a given condition. Strategies are designed in trying to identify tops or bottoms to invest suitably. However, a majority of traders are taught as a rule to buy … [Read more...] about Who buys the tops and sells the bottoms?
The Legend Of The Holy Trading Grail In Forex
Holy Grail in Forex From a definition perspective, Holy Grail refers to what people pursue with extraordinary eagerness because it holds blown-out significance. It represents the utmost desire for people. Indeed, the most sought-after things in forex are profitability and consistency. A forex Holy Grail can also refer to a trading system with a high winning rate because of … [Read more...] about The Legend Of The Holy Trading Grail In Forex