When someone decides to trade Forex, He should know what Economic Indicators Release he should follow and to some degree, except the outcome on the price of his favorite currency pair.
Read More »Candlestick Charts
Traditional charts compared with Bar charts The majority of traders consider Candlesticks an easier Charting System to interpret and more visually appealing charts than other types of Charting Systems. Each …
Read More »Japanese Candlesticks: A List Of Japanese Candlesticks Definitions and Patterns
In the 17th century, Japanese rice merchants invented the candlestick charting and nowadays, they are considered the number one tool when trading Forex. Here is a quick explanation to each Candle Stick along with a picture of how it looks like.
Read More »Understanding Forex by Identifying Market Participants
In the Forex market there are more participants in it than there is in the equity market. Thus, identifying market participants, their motivations and functions is important.
Read More »Factors that Affect the Exchange Rate
Factors that affect the Exchange Rate might be too many to sum, but the value of a country's currency is determined by few important ones, and maybe the most important factor is the Interest Rate in that country.
Read More »What are the Main Factors of Fundamental Analysis?
What are the fundamentals in fundamental analysis and what effect do they have on a currency's value?
Read More »Hanging Man and Hammer Japanese Candlestick
The Hanging Man and Hammer Japanese Candlestick are patterns thats look exactly alike, but have different results based on the preceding price action; They both have small real bodies (black …
Read More »Japanese Candlesticks
Japanese Candlesticks Analysis proved effective as a clear and accurate projection of the price movement when used in the correct way, making it superior when used to express the movement of prices
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