Forex encyclopedia

Within the framework of regulations of the USA financial markets, NFA primarily implements the function of control over proper compliance of organization members with the Federal laws as well as standards set CFTC. To cope with fraud and various abuse against stock and Forex brokers, NFA takes a number of measures first of all including supervision over implementation of clear-cut rules regarding advertising, public notification about risk, satisfying requirements to capital of company and competence of employees. Speaking about specific measures, we can distinguish the following...
Technical levels are one of the crucial elements of technical analysis on the Forex market. Technical levels represent a certain value approaching which the price faces resistance in further movement. On the chart it is pictured as zone (level), where price went and bounced off later, repeated its movement to the level again and without being able to pass it bounced off. Such approaching and returns can take place on a repeated basis and the more efforts are made, the stronger price level we have.
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