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Random article: Quotation on the Forex market
In the process of quoting special modern technical means are used such as trading terminals. Communication is implemented via the Internet, sometimes – over the phone. This quoting method is called indicative. Further, obtained quotes are transmitted to specialized information systems - Reuters, Bloomberg, Tenfor and many others. On the next step this quote data is spread all over the world – to individuals and legal entities, subscribers of information systems.
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Popular article: Forex traders’ psychology: buyers and sellers
Forex market has its driving forces. Such forces are participants of market. For clarity, it is accepted to divide them into several types: bulls, bears, pigs, rabbits, hogs, lambs. In this zoo, driving forces are exactly bulls and bears. Their clear intentions and determination can greatly influence currency rates. This terminology was adopted from stock market, where emotions play not the last role in movement of quotes, thus, analogy with animals and their typical behaviour provides a clear idea on psychology of market participant.
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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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