Forex Rocket - All you have to know about Forex

Forex Technical Analysis using a trend line One of the simplest, and therefore - popular tools of technical analysis is the trend line. It would seem that it is easier? Couple the two price minimum or maximum on the chart with one line and all. However, this simple action helps a lot in real trading. With the help of the trendline trader always sees the trend in the market. Therefore, it gives him the opportunity to take a position on pullbacks from the graphs of small formations in the direction of the trend older period, and vice versa, to make the decision to close the deal when the price crosses the current trend line. (Pic.1) With the trend lines are very convenient to denote known graphic shapes, ie those price patterns, without which the Forex technical analysis is simply impossible. (Pic.2) For example, you can set the rectangle flag or pennant, which will show us the flat, ie, the state of the market when the price fluctuates within a certain range. In thi...

Leverage Forex, what is better to choose? So, what is meant by the definition of “ leverage Forex ”? It is the ratio of the volume with which the trader works to the total amount of funds held in the account. This ratio is designated as 1:100 (pronounced - one in one hundred). That is, having the Deposit, say, $ 100, you can trade in the amount of $ 10,000.  Values leverage Forex can be different. A good Forex broker provides leverage Forex from 1:20 to 1:500. The last option is very risky, although good traders salpingotomy and/or other aggressive trade. Optimal consider the ratio of 1:100, with the option risks:yield as balanced as possible. Special attention to the choice leverage Forex should be given to new traders. Because the maximum degree of risk in each transaction is considered to be 1-3% of the Deposit. The higher this will leverage Forex, the higher the risk of loss of Deposit. Accordingly, reducing the leverage of Forex (and, hence, the volume of ...