Search results (8)
Indicator
Forex education
Indicator is a signal of some trend changes in the market. You can use different indicators of technical analysis when working on the foreign or stock exchanges, but it is not recommended to use more than three. To understand indicators bet...
Hedging
Forex education
Hedging is the parctice of protecting client's funds from unfavorable price fluctuations by opening a position in a contrary or opposing market. Hedging: ensures protection from possible losses by the time of forward deal settlement; provid...
News trading
Forex education
The news trading strategy represents one of the trading methods based on the idea that news moves the market. The release of positive news results in rising prices, while negative news makes them fall. In this approach, any factors that aff...
Dow Theory
Forex education
The Dow theory is a theory describing the stocks prices behavior with time. The theory is based on a series of publications by Charles H. Dow (1851-1902), an American journalist, the first editor of 'The Wall Street Journal' and one of the...
Japanese candlesticks (II)
Forex education
We will consider a number of patterns which comprise of two or more Japanese candlesticks. It should be noted, that they are of limited use on Forex as they presuppose that the closing price of the prior trading period and the opening price...
Tic-Tac-Toe chart
Forex education
Point and Figure charts differ from the bar charts in two significant ways. At first, bar charts are constructed on time intervals regardless of whether there is any change in price. A new plot on a Point and Figure chart is made only if th...
Chapter 1. Introduction
Forex education
Until the 1970s, the exchange rate of a particular currency was determined by the country's gold reserves. That was due to the fact that global markets were regulated by the gold standard. Each currency had its equivalent in a troy ounce. H...
Chapter 17. Stock exchanges and stock indices
Forex education
Even though this section is devoted to forex education, we will also touch on the stock exchanges and stock indices. At first glance, it seems that the chapter is not related to Forex, but, in fact, it is. Currency rates are interrelated wi...