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This page covers some of the major currency pairs traded worldwide, such as EUR/USD, USD/JPY and GBP/USD. Keep reading to view live prices for the major forex pairs, and to learn what factors that impact their price movements. A currency pair is a quotation for two different currencies. It is...
Before the internet, multinational corporations, hedge funds or high net worth individuals (HNWIs)held the defacto exclusivity to trade currency. This is primarily because forex trading required a lotof capital. And having the strategy to make this continuously work was another advantage.
Observation is the best friend of the technical analyst. By watching the markets, I noticed something interestingabout candlestick charts, which I use extensively. I realized the real bodies used in candlestick charting can be usedto determine significant support and resistance points, a...
Boom and crash markets are synthetic financial instruments that allow traders to speculate on the price movements of an underlying asset in a short time frame. These indices are designed to mimic real-world markets, but they offer accelerated price action with rapid spikes and sudden crashes...
This handbook is intended for your own personal use as a student of Falcon Trading Guidance, and contains information on but not limited to; The falcon methodology of trading, goal setting with the 90 day plan, market structure, psychology, identifying continuation and reversal patterns, as well...
In forex trading, the stochastic oscillator helps recognize any trends that are likely to be a reversal. A stochastic indicator can measure the momentum by comparing the closing price and the trading range over a certain period.
The stochastic oscillator is used to compare the current price level of an asset to its range over a set timeframe – again, this is usually 14 periods.
Within an uptrend, a market will tend to close nearer to its highs and in a downtrend, it would close nearer to its lows. When prices move away...
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