Getting a feel for the market means we must stop for a few seconds to try to understand the relationship between the buyers and the sellers. The candle should completely cover the range of the previous candle, taking out the previous high and low. Knowing the value of a currency pair that will appreciate in …
An Introduction to Price Action Trading Strategies Read More »
However, these articles give you an idea of how I view and trade the markets. The breakout buildup can be part of any price pattern and it then acts as an add-on, improving the overall pattern quality. Some traders may refer to it as a pressure pattern, but the idea is the same. Although the …
Forex trading works like any other transaction where you are buying one asset using a currency. In the case of forex, the market price tells a trader how much of one currency is required to purchase another. For example, the current market price of the GBP/USD currency pair shows how many US dollars it would …
What is Forex FX Trading and How Does it Work? IG International Read More »
To understand the basics of the Forex calculator, you need to know the main inputs involved in it. Calculate the swap rate for holding Forex positions overnight before you execute a trade with our free Forex Swap Rate Calculator. The information on this page does not constitute personal advice and any results should not be …
This reduces the amount available to lend, forcing the banks to increase rates. The FOMC is a committee within the Fed, the Federal Open Market Committee, and is responsible only for open market operations. The Fed’s Board of Governors set the discount rate and the reserve requirements. The CME Group’s FedWatch tool shows a better than …
This reduces the amount available to lend, forcing the banks to increase rates. The FOMC is a committee within the Fed, the Federal Open Market Committee, and is responsible only for open market operations. The Fed’s Board of Governors set the discount rate and the reserve requirements. The CME Group’s FedWatch tool shows a better than …
The Federal Reserve Act of 1913 gave the Federal Reserve responsibility for setting monetary policy. The FOMC sets a target for the fed funds rate, but banks actually set the rate themselves. The Fed pressures banks to conform to its target with its open market operations. Officials voted to reduce interest rates at two emergency meetings within 13 …
