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Forex Articles

Horizontal and vertical lines are valuable objects in forex. They help traders make sense of market randomness. Horizontal lines show traders important support and resistance levels, whereas vertical lines help traders understand market cycles better. We will try to explain below how to identify where to draw those lines, how to draw them, and how to trade them.

In order to trade the markets effectively and profitably, you need an edge. That edge is usually a carefully crafted strategy. A strategy, by definition, should enable you to take advantage of opportunities while avoiding potential threats.

If you’re looking to get into the business of trading forex seriously, it is important to have a broker to work with that you can trust. Reading online reviews is typically the first step traders take in order to evaluate what kind of services are available and where they should focus their search. Unfortunately, sorting through the huge amount of reviews can quickly get tiresome, especially considering the fact that not all statements are entirely authentic. Here are a few tips to help you separate the reviews you can trust from those that should be subject to scrutiny.

 Prerequisite:   Before you complain to regulators Prerequisite2:  NFA  National Futures Association Country: United States of America  Country Common Nicknames: United States, USA, US  Big Bad Regulator, Long Name: Commodity  Futures  Trading  Commission BBR, Short name: CFTC Type: Government Main website homepage: Commodity Futures Trading Commission Regulatory licenses issued: [Yes, required membership of most professional market participants, …

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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.

When starting out, it is typical for a beginner trader to focus all their efforts on finding a trading strategy or developing their own.
Many new traders will spend countless hours scouring the internet, watching video tutorials and studying courses in order to learn a strategy.

What is Forex to you? An adventure? A means of livelihood? A challenge? A hobby? Or even a routine job? Whatever it is, trading can be fascinating, so long you are not losing money. It goes without saying that the industry is one of the easiest, yet most difficult ways of making money all over the world. However, there are some fascinating facts that you probably did not know about the market that never sleeps.

Technical analysis refers to the examining of historical market behavior with the intention of forecasting the potential movements of currency prices. Technical analysts usually focus on what took place in the forex market in the past and use the information to identify new trading opportunities.