The Elliott Wave Theory for Forex Markets

The Elliott Wave Theory for Forex Markets

When you evaluate the Forex market for the swing trade opportunities, the focus of consideration is to predict the continuations and directional changes for certain given pair of currency, and for this purpose; most of the times people rely on technical analysis. In such an analysis, for instance, the fundamental analysis, there are leading and lagging indicators.

Fundamental Vs Technical Currency Analysis in Forex Trading

Fundamental Vs Technical Currency Analysis in Forex Trading

In the foreign exchange trading market, there are two types of analysis that are used as a base. There is fundamental analysis and technical currency analysis. These two analysis methods are used as the base calculation for an investment. A little bit different from stock market and any other markets, the use of the analysis in forex trading market is more focusing on currency, which connects with many different elements of a country and the economic and financial status.

Getting Know More About Candlestick Patterns

Getting Know More About Candlestick Patterns

If you learn finance or other technical analysis tools you may know what candlestick patterns is. Let us stretch a little bit more about it in order to have a clearer definition about this pattern and the types that often you will see in the real-life observation. Firstly, knowing the history about the invention of candlestick pattern is merely important.