Forex encyclopedia

Trading on the financial instruments with high volatility is rather a difficult task, especially for intraday traders. In this case technical analysis works with a lower success rate than when you are trading the daily charts of the major currency pairs. Therefore, in the trading on the volatility is necessary to consider some features which will be discussed in this article. The advices presented below will help anyone who trades on the Forex, no matter what strategy they use. The first advice relates directly to pairs with high volatility. Such pairs should not be tradable beneath the hour time frame. Fluctuations in prices lower H1 does not largely carry a scenario of price changes, they are difficult to predict the movement and do not represent the actions of the crowd from a logical point of view. Therefore, if you are going to trade on the volatility instruments within the day, do not use the time-frames below H1.
Capital turnover in the forex market is billions of U.S. dollars per day makes it the largest in market the world. Total capital and the number actors involved grow from time to time ranging from retail traders, brokers, banks, institutions to other big players. Trading in the forex market carries a relatively high risk. What makes it interesting is the forex market trading schedule: the time from Sunday night to Saturday morning, and the possibility to trade can from all over the world with the support of online technology.
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