Forex encyclopedia

Because of an abundance of the information in the web, some traders may get confused about their choice of a Forex broker. Here are some tips for finding a credible Forex broker. Regulation: Forex brokers should be well regulated which means they will be managed by regulators and complaints of clients can addressed to a certain entity. Order execution : Good broker offers competitive and fast order execution. Find out how good execution of a broker is using test amount on a real account.
Popular article: Point and figure chart
When price reverses and passes a certain threshold value (amount is indicated in reversal parameters), then it is time to stop forming table of one type and switch to forming another. It can start from entering several crosses or noughts at once (if reversal exceeds 2) Rendering the price in the form of this type of forex chart is not tied to time scale. Therefore, adjustment of many approaches to classical technical analysis is required. Crosses and noughts are convenient to render levels around which the price stops for a ling time (consolidation level).
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Forex encyclopedia
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