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THE CONCEPT OF “TREND” IN THE FOREX CURRENCY MARKET
Even the most inexperienced novice trader understands that the ability to correctly identify a trend and predict its future direction is a key point in trading. Trend is the basis of technical analysis and a factor that must be considered in all circumstances.
So what is the trend in Forex trading? This is the direction of the price movement of a financial instrument, which reflects the state of the market as a whole. Trends are of three types:
– ascending;
– descending;
– side. Continue reading
FURNISHING ATTENDANCE FOR BUSINESS WITH YOUR OWN HANDS
Arrangement attic for home business can be done by hand. Attic is enough space in the house to implement small business ideas. A simple arrangement can turn the attic into a workshop for small-scale production. Soap making, making products from liquid plastic, the production of soft toys and many other ideas for home business you can find on this site.
With a more complex arrangement, the attic can be converted into a greenhouse for growing greens for sale. Attic is a unique part of the house, which is ready for any type of arrangement. Moreover, it is possible to alter the attic part of the house in any design. It can be a romantic place for a matrimonial bedroom. Or a workshop for the manufacture of upholstered furniture. Continue reading
CHOOSING A FOREX MARKET STRATEGY
Getting started in the Forex market can be quite difficult, because a trader has to learn a lot of information, to get new skills – choosing a Forex strategy, choosing an indicator, a currency pair, a time period, requires certain practices and knowledge. That is why experienced traders advise beginners to first carefully examine and consider everything, and then work on a training account, having received at least a minimum of practical skills.
Forex terminology highlights such a notion as a warrant in trade. You can make a sale / purchase of a currency on the market either by requesting a quote, giving Sell or Buy commands, or by placing orders — certain sales / buying orders of a specific currency according to the rate you selected in advance. Orders can be of two types: it is a stop order (Stop Order), a limit order (Limit Order), sometimes referred to as Stop Loss, Stop Profit, Take Profit. Continue reading
