Forex Trading Information

FOREX :-the foreign exchange. market is the biggest and the most liquid financial market with the daily volume of more than $3.2 trillion.Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference

2011-11-07

types of gaps: common, breakaway, runaway, andexhaustion

tags:Common Gaps,Breakaway Gaps,Exhaustion Gaps,Runaway Gaps,Signals for Breakaway Gaps,Trading Signals for Runaway Gaps  gaps An opening outside the previous day's or other period's range generates a price gap. Price gaps, as plotted on bar charts, are very common in the currency futures market. Although currency futures may be traded around the clock, their markets are open for only about a third of the trading day. For instance, the largest...

Wedge Formation and Rectangle Formation-Trend Continuation Patterns

 TAGS:Wedge Formation,Rectangle Formation, Patterns,typical bearish rectangle,bullish rectangle,Triangle Formation,Flag formation AND Pennant formation  Wedge Formation The wedge formation is a close relative of the triangle and the pennant formations. It resembles both the shape and the development time of the triangles, but it really looks and behaves like a pennant without a pole. The wedge is markedly sloped, and the breakout occurs...

Triangle Formation-Trend Continuation Patterns

TAGS:Triangle Formation,expanding triangle,Trading volume,descending triangle,typical ascending triangle,symmetrical triangle,bullish symmetrical triangle,Flag formation AND Pennant formation,Wedge Formation and Rectangle Formation Triangle Formation  Triangles can be visualized as pennants with no poles. There are four types of triangles: symmetrical, ascending, descending, and expanding (broadening). A symmetrical triangle consists of two...

Flag formation AND Pennant formation-Trend Continuation Patterns

TAGS:Flag formation,continuation patterns,Pennant Formation,a bearish pennant,bullish pennant,a bear flag formation,Rectangles,Wedges,Triangles,Pennants,Flags,Triangle Formation,Wedge Formation and Rectangle Formation  Trend Continuation Patterns Technical analysis provides charts that reinforce the current trends. These chart formations are known as continuation patterns. They consist of fairly short consolidation periods. The breakouts...

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