Forex traders love to trade on price consolidation breakouts. So what is a price consolidation? In terms of technical analysis, consolidation is the movement of an asset’s price within a well-defined pattern of trading levels. Consolidation is generally regarded as a period of indecision, which comes to an end when the price of the asset … Read more
On Monday night eight armed men broke into Zaventem airport near Brussels. They drove to a Swiss-registered aircraft that was loading on the ramp and transferred 120 packages from the hold into their van. Mistaking their actions for the normal behaviour of baggage handlers, police allowed the men to carry off diamonds worth $50m. So … Read more
Forex trading is the buying and selling of currencies that takes place in the foreign exchange market. Up until a few years ago trading in currencies was not open to the general public and only a fee large financial institutions and banks were allowed to trade in currencies. Ever since the markets have opened up, … Read more
One of the top reasons you might have entered the world of forex instead of sticking with stocks and bonds is the concept of leverage. Through leverage, you can trade large amounts of money and either earn enough to trade without leverage (or even retire), or lose so much money that you immediately wipe out … Read more
The foreign exchange market, also known as the FX or Forex market, is one of the largest and most traded markets in the world. It is a type of global, foreign-exchange trading dealing with international currencies. The Forex market is the only one that is open 24 hours a day and that operates in all … Read more