Forex encyclopedia

Every day, many people around the world try their hand in forex trading. Many of them failed and never look back, some persist for years but never achieve anything, a few soar in almost no time at all. With all those information, including entry-exit strategy, money management, and psychological control available freely in the Internet, supposedly everything is not as different. So how a newbie can advanced to a higher level as a trader? Many mistakenly think that the difference between a successful trader and a struggling one is the entry-exit strategy, personality or even experience. But all those things are simply skin-deep. They don't explain why some traders work for years without achieving significant results except maybe the amount of their losses. True, to succeed, a trader needs to have the right entry-exit strategy, apply money management and some experience. But, if there is something which makes a difference between years of struggling or a relatively short time to achieve, it is this.... Well, actually there are three:
Popular article: Chaikin Oscillator
It is commonly known that the concept of Accumulation /Distribution indicator is contained in the theory stating that force of pressure of purchasers or vendors can be calculated in relation to Close price to High and Low of a respective time period. In other words, it can be stated that when price closes in the upper half of trade range (distance between High and Low), purchasers dominate on the market, or when price closes in the bottom half of trade range, there is a pressure from the side of vendors.
New in Encyclopedia
Picture of the day
Detailed statistics of a trading signal
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!
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus