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Contracting bands warn that the market is about to trend: the bands first converge into a narrow neck, followed by a sharp price movement. The first breakout is often a false move, preceding a strong trend in the opposite direction.
A move that starts at one band normally carries through to the [...]
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A good rule of thumb for either a mini-account or standard forex account, is to limit your margin usage for each trade to 5% - 10% of your usable margin.
As an example, if your usable margin is $5000, to trade safely, limit your margin usage for each trade to a maximum [...]
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There are basically two types of investors involved in forex currency trading:
About five percent of the overall daily turnover is from companies and governments that buy or sell products and services in a foreign country or on the other hand must convert profits made in foreign currencies into their domestic currency. [...]
