Technical analysis is the forecasting of the future price movement based on the analysis of its past behaviour.
Technical analysis helps trader find the correct solution: when to open a buy or sell position, and when to close it.
The research of technical analysts is based on the price and on what is happening on the chart.
You may notice the phrase "margin trading" quite often in the financial world. It comes from the word
margin – the pledge, which trader provides to the broker for the financial operation. Margin could be
different, depending on the type of the asset and the broker's conditions. For example, for some liquid
assets margin may be only 1–2%. This means...
Successful trading on the Forex market includes three components. First – a trading strategy that the trader
uses, second depends on how he manages his capital and the last part is trader's ability to follow the
rules, chosen by him, e.i. discipline.
Each trader should use the money management. The trader must be clear about the rules of opening and closing
positions for a successful application of the money management methods and...
Fibonacci instruments are very popular among the traders on the currency market. The developments of the
famed Italian mathematician are widely used for analysis on the fond and trade markets, as well as on the
Forex market. Fibonacci has come to the sequence, in which every next number is the sum of the two previous
ones – 2, 3, 5, 8… Noteworthy, in case you divide practically any number from...
While trading on Forex, many traders don’t use take profit, preferring to close orders manually or to wait,
while the market closes it by itself with the stop out. However, take profit is quite useful instrument,
especially in case trader, due to some reasons, has no ability to control the order during all the time. In
this case take profit is very useful.
Graphical models are in a wide use both: for the analysis of the quotes on the screen of the terminal and
with the charts of the method "Tic tac toe". They don’t give any guaranties regarding the directions and
purposes, but quite often recommendations, based on these models give positive results. The principle of the
method is founded on...
Wave analysis is nothing else but the "wave theory" of Ralph Nelson Elliot. The basic of this theory is an
assumption that the psychology of social behavior may be represented in the form of models.
The main goal of using pivots points – is the determination of the most important support and
resistance levels. Moreover, with the help of it, trader analyses the market mood in the time of the lateral
movement, as well as in the period of the Strong trend.
In this article we will speak about one of the methods of technical analysis which is now one of the most
popular among some traders – wave analysis. Let's consider the basis and the origin of this method in
When people start trading, they focus on searching the most profitable trading strategy. After the right
strategy has been chosen, traders usually think that they just have to apply it and the profit will come.
But there is one thing which traders usually forget about – trading plan.
For many years, people have been trading on the foreign exchange market, and in the beginning, the manual
method was the only way used in order to fulfill this. But since the technology has developed since that
time and there are a lot of people now who use the automatic trading on Forex.
Traders always think about the difference between Market and Instant execution. What execution type is
better to choose? Justforex offers its clients the Market execution of the orders to make the trading
process pleasant and comfortable.