Forex trading is a dynamic, ongoing market that challenges the trader to employ decision-making skills based on history, trend, and price action. To prosper in the challenging marketplace, forex ...
In forex trading, "volume" refers to the total number of trades or contracts that are executed within a specific time period. Unlike in the stock market, where volume is measured by the number of ...
The Moving Average Convergence Divergence (MACD) indicator is a powerful tool that has gained popularity among forex traders for its ability to provide clear insights into market trends and momentum.
What Is a Forex Market Sentiment Indicator? According to a 2022 triennial report by the Bank for International Settlements (BIS), there are, on average, $7.5 trillion of forex transactions on a daily ...
However, a major volume indicator, used to confirm price trends, shows a contrasting signal. The indicator under consideration is the On-Balance Volume (OBV), described as the "grand daddy" of all ...
Open interest refers to the total number of outstanding contracts that haven’t been settled, while trading volume measures the total number of contracts traded within a specific timeframe. Increasing ...
Market hours for Tokyo, London, and New York make up the three major sessions for forex and represent 24-hour trading, and volatility peaks when sessions overlap.
Market volatility plays a vital role in determining how profitable Forex trading can be. With higher volatility comes greater price movements and more trading opportunities; however, higher risks ...