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Random article: Forex ECN Trading System
ECN means electronic communications network. It’s a safe and secure tading system with no dealing desk trade execute. Also better than STP trading system. ECN trades execute as a scaffold associating participants in the forex advertise straightforwardly to each other, disposing of the requirement for a managing work area. ECNs gain costs from various market members, for example, banks and market creators, and different dealers who are individuals from the system, and stream the best offer/ask costs on their exchanging platforms. In ECN trade here have many strong big liquidity provider, in ecn system currency trade come by campare with many liquidity prover with best rate.
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Popular article: Forex Reversal patterns: Head and Shoulders etc.
A number of reversal patterns is indicated in Forex: Head and Shoulders, Double top, Double bottom, Triple top, Triple bottom, Diamond. Head and Shoulders Top – is a classical reversal pattern of technical analysis, which is formed following to a long upward trend. The model is considered to be fair reliable and is often formed. But despite above-mentioned, many beginning traders do not manage to take profit using this graphic pattern. The reason is that positions are opened prior to forming this model. Let's figure out the structure of the figure and its formation on the chart of trading terminal. The model consists from three subsequent price extreme points, the middle one is higher than others (head), and the rest two are below the middle one and are roughly equal (shoulders). All three uphills are supported by the neck line.
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Features of the analysis of Japanese candlesticks
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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