Forex Start Me Up

Most forex brokers offering accounts to retail traders operate in one of two ways. It is unlikely that you’ll be signing up with a broker who has their own dealing desk. More likely, you will be having a look at either an ECN broker or a market maker. The spread on [...]

Divergence can be identified from the oscillating indicators, the most well liked of which are the MACD, Stochastic and RSI. Any of these running on your day trading chart with prices in either candlesticks or bar chart form can be employed.
Bearish Divergence
Bearish divergency exists when the price chart is seemingly bullish but [...]

Foreign exchange reports is something that all currency traders have to know about. It’s critical for a trader to be well informed about changes in economic performance signals like IRs and work figures, not just for his very own country but for all the nations whose currencies he is probably going to trade. [...]