In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
Around forty years ago, my lifelong obsession with trading and markets began when I started work in the interbank forex market. Even after all these years, I can remember all too well what I felt ...
Learning how to read forex charts is one of the first steps you’ll need to take as a beginner in trading. We explain how you can read some of the main types of FX charts, and more, in this guide. A ...
Imagine venturing into the world of forex without understanding forex terminology – it’s like trading blind. Understanding the language of the forex market is crucial for anyone looking to navigate it ...
Technical traders are confronted with many choices when it comes to charting. More often than not Forex charts are defaulted with candlestick charts which differ greatly from the more traditional bar ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nearly 30 years ago, the foreign exchange market (forex) was characterized by ...
Now that you’ve learned the basics of forex trading, as well as its key terms and concepts, let’s take the next step and look at three types of currency markets and how participants use them to seek ...
Ichimoku Kinko Hyo (IKH) is an indicator used to measure the potential price action and identifies future areas of support and resistance. The word ichimoku means “a glance”, kinko means “equilibrium” ...
Understanding forex charts is essential for analyzing currency price movements and making informed trading decisions. These charts visually represent the fluctuations in exchange rates over specified ...
Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries. A forex chart is a graphical representation showing how the price of one ...
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