In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
Around forty years ago, my lifelong obsession with trading and markets began when I started work in the interbank forex market. Even after all these years, I can remember all too well what I felt ...
What is a forex chart? A forex chart is a graphical representation showing how the price of one currency has changed in relation to another currency over time. The price of the currency pair is ...
With over $5 trillion traded every single day, the forex (foreign exchange) market is the largest, most liquid market in the world. With forex trading, you speculate on the value of one currency ...
In forex trading, success often hinges on the ability to decipher market sentiment and predict price movements accurately. Forex chart patterns are recurring trends in price charts that offer ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nearly 30 years ago, the foreign exchange market (forex) was characterized by ...
Trading currency in the Forex market centers around the basic concepts of buying and selling. Let's take the idea of buying first. What if you bought something (it could literally be almost anything..
Ichimoku Kinko Hyo (IKH) is an indicator used to measure the potential price action and identifies future areas of support and resistance. The word ichimoku means “a glance”, kinko means “equilibrium” ...
Learning how to read forex CFD charts is one of the first steps you’ll need to take as a beginner in trading. In this guide we explain how you can read main FX chart types and more. Got questions?