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Random article: Balance of Trade (BOT)
Balance of Trade (BOT) - is a fundamental indicator expressed as the difference between prices for exported and imported goods. Trade balance is the quantity index shown for a certain period of time (year, quarter, month), during which settlement for all foreign trade operations is conducted. Trading balance can be positive (active) and negative (passive). If the sum amount of prices of all exported goods exceeds the sum amount of prices of all imported goods, the balance is considered positive. If, on the contrary, sum amount of imported goods exceeds sum amount of exported, the balance is considered negative.
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Popular article: Forex drawdown
Forex drawdown is a decrease of an investment capital which happens as the result of multiple losing positions. These trades may alternate with profitable ones. The definition of drawdown is termed numerically as the difference between the peak and the trough of the curve of capital.
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Rate of Change (ROC)
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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!
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