Forex encyclopedia

Typical Price of Moving Average represents a combination of a Simple Moving Average and Pivot Point Method. With the help of this indicator, an average price for a certain time cutting is determined. Resulted value is further matched with present price and moments for opening trades are defined. Signal for purchase is when Typical Price Moving Average crosses price chart from bottom to top. If moving average crosses price chart in the opposite direction, it is a signal for sale. Also Typical Price of Moving Average is able to serve as resistance or support level.
Capital turnover in the forex market is billions of U.S. dollars per day makes it the largest in market the world. Total capital and the number actors involved grow from time to time ranging from retail traders, brokers, banks, institutions to other big players. Trading in the forex market carries a relatively high risk. What makes it interesting is the forex market trading schedule: the time from Sunday night to Saturday morning, and the possibility to trade can from all over the world with the support of online technology.
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