It is evident that during these past weeks, centrals banks have acted, as expected, as major player in the Forex markets. But, what is a central bank? Do you really know what are its functions? We’ve gathered some educational content to answer all your questions about central banks policies and their important role on the forex markets.
UNDERSTANDING how the FOREX market works means that one has to immerse himself/herself into a sea of business trends, technical analysis, and opinions. It could be pretty daunting stuff in the beginning. The mere understanding of the business jargon is just the tip of the iceberg. It is vital to hold on to one’s patience as it takes time to...
It’s time to take a look at Bollinger bands. And no, unfortunately, it’s nothing to do with champagne. Bollinger bands are a technical analysis tool invented by John Bollinger. (Who also wrote the imaginatively titled book Bollinger on Bollinger Bands). Basically, they work by measuring the “highness” or “lowness” of a price, compared to previous trades.
I will start with a small disclaimer, I love mathematics. I’ve always been fascinated by the ability to take parameters, numbers, and signs, and turn them into a function, a function that can predict the future (the result) perfectly. The love of numbers, functions, and problem solving led me to a career choice of a Quantitative Analyst...
TIPS AND TRICKS
The real challenge in choosing a broker comes when you have to determine what attributes you are looking for. Along with the outstanding features, you might find a potential weakness, depending on what you need for your trading style.