Main

Forex Encyclopedia

Forex encyclopedia

Random article: Help Wanted Index

This index (HWI) provides the number of help-wanted advertisements for recent month. It embraces a certain number of the largest regional mass media. The index value is given in comparison with 1987, which is taken for basic year and which index is equal to “100”. While analyzing this index, classical moving averages are applied. If moving average tells about change in index direction, it also reveals change of the situation on the labor market. Besides, index conveys the information about regional economical development in the USA. The index value is published on the last Thursday of every month at 10:00 a.m EST, upon that, the market is barely touched by it.

Popular article: How to trade the Forex market with best profit and often risk free

I have traded for five years. And have almost always lost. To say I have had no Luck is no lie. But that’s what makes me special. I never gave up. And through all the losses and pain I have become a better person and trader through the difficulty and by perseverance. I studied brilliant money management and Strategies which all work very well. I went on the worlds best courses and paid big money. There is a proverb: It says: “ why is there in the hand of a fool the purchase price of Wisdom when he has no heart for it.” I was the problem. Not the market. I was un-disciplined. I over leveraged. I got lazy and did not analyze sufficiently. And the main reason for that was that I got caught up inside the Old day trading scalping trap of trying to get involved in market movements that were not mature, ripe and well they just weren’t ready. I have learnt that to be successful in trading this market you need be patient. Waiting for a setup means the market will come to your entry and then you take the risk.

New in Encyclopedia

19.07.2019 New article added «Trade»

15.05.2019 New article added «Forex spot trading»

15.05.2019 New article added «Forex trading secrets»

15.05.2019 New article added «Swing trading Forex»

Picture of the day

Forex MACD Indicator

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!

Log in

Your browser does not support JavaScript. If JavaScript is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable JavaScript.

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .

FreshForex is a brand that provides access to online trading for clients from more than 200 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company's services and information on the site are not intended for citizens and residents of some countries, such as Belgium, China, North Korea, France, Hong Kong, Russian Federation, Spain, Great Britain, USA, and also countries identified by the FATF as high-risk countries or countries with serious AML/CFT deficiencies; countries or regions that are under international sanctions. A complete list is available on the "Countries where the company's services are not provided" page. The Company does not have representative offices in the Russian Federation and does not register clients from the Russian Federation.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.

© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.