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Random article: Existing Home Sales Index
Sales of existing homes is the indicator helping to trace the number of sold houses per year on the existing home market. Also it can assist in forecasting about current confidence of buyers (consumer optimism) and their sentiment to buy precious assets. Index value is subject to great season fluctuations characterizing real estate market. Increase in volume of construction is closely related with the growth of income of population and is favorable towards economic growth. The data on the amount of sol houses is published on the fourth week of every month at 10:00 EST (New York). Market respond to this index is weak. Index growth is a positive factor for consolidation of national currency.
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Popular article: Trading the news
Trading the news is one of the easiest and most popular strategies on the Internet. Most of all, it is recommended to novice Forex traders, but many professional traders also trade the news. Its simplicity lures. What could be simpler? The trader looks through the economic calendar, chooses a highly volatile economic news, waits for its release, and then, trades according to the published data. If the rates are worse than expected, the trader sells the currency of the country, where the economic rate is negative and vice versa. However, even despite such simplicity, a trader can fail. The GBP / USD currency pair has always been considered one of the most difficult pairs to forecast, and April – May 2015 confirmed this.
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Fibonacci Spiral and Fibonacci Time Projection
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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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