I know this article references a chart on stocks, but it also applies very well to Forex trading. As a matter of fact, often times information on trading applies even better to Forex than any other trading market. In this case, we are talking about Elliott Wave Theory.
Posted in 
Tags: 
There are two main types of brokers, market makers and ECNs (electronic communications networks). What’s the difference and how does this affect Forex traders?
Forex traders sometimes use a technique known as Hedging when trading Forex. It is typically used for portfolio or account protection, and most people don’t know or understand how hedging works. While you may have heard the term Hedging, it may or may not be a trading strategy that you want to adopt into your [...]