Basic elements that involve making a trade decision using technical analysis.
Among the most widely used methods by forex traders, support and resistance is a simple yet powerful tool.
Common patterns that repeat themselves indicating potential future price movements.
Based on the Fibonacci series, certain values in the series represent key price levels that are quite effective in forex trading.
One of the most popular indicators; it can be used in forex strategies to estimate price direction with some lag.
A great leading indicator to make short term trades; it can be used in trading ranges and break-outs.
Using wave patterns Elliot's theory helps identify future movements in the financial markets.
There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...