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Interest rates decisions are the most prominent factors that cause movements in the financial markets. Without changes in interest rates, trading in the financial markets could be boring and, maybe, less profitable.
Becoming a professional trader in the Forex market is a very challenging task. The novice traders often think the pro traders have access to insider information and thus they are able to make a consistent profit. But if you research on the successful trader, you will understand they are making money just by using a simple trading strategy.
A template is a set of chart window settings that can be saved and opened later for quick application to other charts. Some of the parameters that can be saved in a template are chart type, chart color, the attached expert advisor and its parameters, custom or default indicators with their settings, chart scale, and period separators.
The Elliot wave theory was developed by an experienced accountant named Ralph Nelson Elliot in the 1930s. After digging through decades of financial data, he discovered that the markets, which were thought to move in a disordered and unpredictable manner, actually didn’t.
There are three main chart types: bar charts, candlestick charts, and line charts. The bar chart is a type of chart that was mostly used by technical analysts before candlestick charts passed them in popularity…
Joel Nathan Ward used to be a hotshot forex guru with millions of dollars of managed account money under his control. Now, he’s looking at 9 years of hard time in federal prison along with an order to repay $11 million to investors. Is he a sleazy scumbag who should be grateful for such a short sentence, or a good guy who is being denied a chance to make amends for one terrible mistake?
Certain questions about how to interpret and trade the Daily Trading Signals come up over and over again in FPA’s forums. I’ve answered a lot of these at various times, but never put all the questions and answers in one place before.