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Random article: Forex Backtesting Trading Strategies: Manual Backtesting
By doing backtesting manually and studying price movement bar by bar, a trader stores price movement data in his/her brain one after another. When the brains receive enough similar data over a period of time, it automatically sorts them out and tags certain data with certain similarities while discarding the rest. Thus, over time, when a new data enters what a trader sees in his/her chart, if it has a close similarities as the tagged ones, the brain kicks up. As the result, a mentioned trader feels he/she recognized the price movement and its possibilities. Thus the trader has built his/her trader's instinct.
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Popular article: Swing trading Forex
Swing trading is a type of trading where fluctuations of asset’s price are used for getting profit. A market position is hold open for not very long time (from several hours to 2-3 days). The positions have to be hold to achieve maximum amount of profit by making minimum trades.
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Basic fundamentals of trading on the Forex market
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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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