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Articles and Lessons

Bollinger Bands in Forex Trading

Technical Analysis - ForexHit

1. What are Bollinger Bands?Bollinger bands are lines traditionally placed at 2 standard deviations above and below the 20-period simple moving average - far enough to keep 95% of currency price action between them. Because of the way they are constructed, bollinger bands expand or contract in...

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Books

Essentials of Foreign Exchange Trading (Paperback)

This currency trading book provides readers with real, practical information on how to trade the foreign exchange market effectively. It begins by covering introductory information on the forex market, including basic trading mechanics and the benefits of forex trading, and then goes on to describe...

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Did You Know

Endaka

Endaka (high yen) or Endaka Fukyo (high yen recession) is a state in which the yen is high, or valuable compared to other currencies. Since Japan is highly dependent on exports, this can cause a recession. The roots of endaka began in 1971 with the Smithsonian Agreement. The term was coined with...

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Term of the day

Seigniorage

The profit that results from the difference in the cost of printing money and the face value of that money.

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Software

Advanced Trader Platform

Trade currencies online with a professional trading software. Cutting-edge trading technology.   Designed with the professional trader in mind.   Very user-friendly and easy to use.   Quick download (Java based).   Provides extra stability.   24hrs...

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ForexTrader

FOREXTrader is our most robust, feature rich platform. This Windows-based application offers a highly intuitive user interface, advanced customization features and a full suite of professional trading tools. Advanced charting functionality allows you to spot trends in the market. Flip between...

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