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Fibonacci Retracements in Forex Trading
1. What are Fibonacci Retracements?Fibonacci retracements are percentage values which can be used to predict the length of corrections in a trending market. Most popular retracement levels used for the forex trading are 38.2%, 50%, and 61.8%. In a strong trend you can expect the currency prices to...
Millionaire Traders (Paperback)
In Millionaire Traders, Lien and Schlossberg interview twelve ordinary individuals who have transformed themselves into extraordinary traders. These people aren't hedge fund managers or employees of large money center banks with billions at their disposal, but regular folks who started with as...
Plaza Accord
The Plaza Accord or Plaza Agreement was an agreement between the governments of France, West Germany, Japan, the United States and the United Kingdom, agreeing to depreciate the US dollar in relation to the Japanese yen and German Deutsche Mark by intervening in currency markets. The five...
Gearing
A term related to margin trading where you are controlling a position whose face value is greater than the money you deposit.
GTS Platform
GTS platform is one of the most advanced online Forex trading platforms in the world. If you are a currency trader you have probably experienced one or more of the following stress situations: system freeze, Java application meltdown, long waiting periods for your trade execution, bad price feeds,...
PureDeal
Trading Platforms Make a better deal with PureDeal. Our award-winning, easy-to-use platform gives you one-click dealing and fast execution on thousands of streaming prices. The platform is fully browser-based and includes trading tools such as Reuters news and access to a professional-level...
Did you know
TED spread
Defining TED spread TED spread is the acronym formed by the T-Bill, which is the short-term U.S. government debt, and the ticker for the Eurodollar futures contract. Primarily, the TED spread was...
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