Now, “how to make profit in the Forex market” is still the most important question for traders – particularly for the beginners. Every trader would want to know the perfect time to buy or sell currency pairs in order to make their trades profitable. It is always helpful for traders to perform an extensive analysis […]

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The first person to reveal Candlestick charts to the world was a westerner named Steve Nison. The candlestick charts that we use now were originally used by the Japanese to perform technical analysis. A candlestick chart comprises of low, high, open and close price values corresponding to the day’s trading. The coloured portion in the […]

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Once you know what the Forex market is and what can be traded in the market, you need to know about the market size and liquidity of the market. Forex (FX) market is considered to be the largest financial market in the world. Unlike other financial markets, Forex markets don’t have any physical location and […]

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Channels are trend lines drawn in parallel between two ranges – uptrend and downtrend. In other words, channels are trend lines drawn to form an angle thereby indicating potential places where assets can be bought and sold. The entire area defined by the channel represents areas of support and resistance. While drawing a channel, the […]

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Forex (FX) traders should know about the use of indicators in order to analyze potential trade opportunities. An indicator predicts future market movements. In FX Market, there are two types of indicators – Leading Indicators and Lagging Indicators. Leading Indicators: A leading indicator predicts the future trend of events. In simple words, they provide a […]

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