Fisher Effect Basics In this article, we go through the theory and show how it comes in handy in determining the currency changes in the forex. The equation of the theory says that the real interest rate can be derived by deducting inflation from nominal rates. The Fisher Effect is in play on the money that one has in one’s savings account, for the rates being … [Read more...] about Fisher Effect
Guides
Guide To Using Support and Resistance Levels in Algorithmic Trading
No market exists that exceeds the foreign exchange (forex) market in terms of market activity and liquidity. In its annual reports on forex, the Bank of International Settlements (BIS) has always noted values above about $5 trillion as average daily transactions. The reason for this significant amount of activity in forex is that many investors have learned how to automate … [Read more...] about Guide To Using Support and Resistance Levels in Algorithmic Trading
Guide to Leveraging Momentum Trading for Long Term Profits
What is momentum trading? Momentum trading is the practice where one buys a currency pair whose price is trending upwards and sells a currency pair whose price is on a downward trend. The idea here is that an up-trending price is likely to continue in that trajectory for the near future. In like manner, a down trending price has the momentum to continue falling. One can … [Read more...] about Guide to Leveraging Momentum Trading for Long Term Profits
How to Trade with Line Charts
Nowadays, when it comes to trading, technical analysis has become popular with the growing use of personal computers. All traders need to do is opening their trading platforms and using technical analysis tools on different currency pairs and financial markets. However, in the early days of technical analysis, it was not this easy. Developing trend indicators or oscillators was … [Read more...] about How to Trade with Line Charts
How To Use Elder’s Three Screen Strategy In Three Easy Steps
Elders triple screen strategy is a trend following strategy commonly used to profit in the forex and other markets. Unlike scalping, swing trading, or positional trading, the triple screen strategy works by analyzing chart patterns in multiple time frames. With triple screen elder’s strategy, the idea is to try and time trade entries with market corrections and pullbacks. … [Read more...] about How To Use Elder’s Three Screen Strategy In Three Easy Steps
