Forex encyclopedia

Random article: Forex chart analysis
Over a long time of work on the Forex market, traders accumulated a bulk of material regarding monitoring price charts. This experience allows to conclude about regularity of lines combinations, which form so called graphic figures. Outline of those figures allows to forecast further movement of price. Chart analysis gained popularity among traders and became a full-fledged analytical and forecasting instrument. All figures of Forex chart analysis are usually divided into two groups: the figures telling about keeping current tendency and reversal figures. As it is already clear from their names, continuation figures tell that main direction of current price won't change and current trend will keep on. On the contrary, reversal figures alert us that in the nearest time change of main tendency should be expected.
Popular article: Forex trading guide
Before start trading on the Forex, it is necessary to learn the basic things about trading. You have not only to catch them on, but also to be guided by them when making certain decisions. And if you follow this, then there is a high probability that the trade will be successful.
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