Basic Forex : The Meaning Of Forex

Basic Forex : The Meaning Of Forex
What is forex? Forex is derived from the word “Foreign Exchange”, which means foreign currency exchange, or the exchange of one currency to another, the goal is to initially foreign payment. Because of differences in supply and demand within a certain period of time, resulting in fluctuations in currency values compared to the other one. ...

Commodity Channel Index On Forex Analysis

Commodity Channel Index On Forex Analysis
Commodity Channel Index (CCI) is a technical indicator developed by Donald Lambert. This indicator was originally developed to analyze the movement of the commodity, but it developed into one of the indicators that are popular and widely used by traders to analyze the movement of stock indices and currencies.   We ¬†will discuss the use ...

Risk to Reward Ratio Strategy

Risk to Reward Ratio Strategy
One way to increase the profit opportunity is performing a transaction when the potential benefits outweigh the risks. For example, the potential returns three times greater than the risk. Thus the ratio is 3: 1.   See the following table as an example:   In this example, we can see that even though only half ...

Learn Forex Fundamental Analysis

Forex movement has proven to be moving fast. Forex trading offers many opportunities to earn huge profits on short-term trading because forex trading is also dependent on price fluctuations lasting only a few minutes. What should you look for? And how should you react?   News influence   The currency market is highly reactive to ...

Forex Strategies With Support, Resistance, and Trendline

Forex Strategies With Support, Resistance, and Trendline
    Basically, trendline and channel also are support and resistance. At the time of down trend, trendline serves as resistance. Conversely, when the uptrend, serves as a support trendline.   Basically, there are two strategies that we can apply based on support and resistance. The first is called “bounce trading”, the second is called ...