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Random article: NFA National Futures Association
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...
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Popular article: Forex Reversal patterns: Head and Shoulders etc.
A number of reversal patterns is indicated in Forex: Head and Shoulders, Double top, Double bottom, Triple top, Triple bottom, Diamond. Head and Shoulders Top – is a classical reversal pattern of technical analysis, which is formed following to a long upward trend. The model is considered to be fair reliable and is often formed. But despite above-mentioned, many beginning traders do not manage to take profit using this graphic pattern. The reason is that positions are opened prior to forming this model. Let's figure out the structure of the figure and its formation on the chart of trading terminal. The model consists from three subsequent price extreme points, the middle one is higher than others (head), and the rest two are below the middle one and are roughly equal (shoulders). All three uphills are supported by the neck line.
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Features of the analysis of Japanese candlesticks
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Forex encyclopedia
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