According to the April, 2012 Foreign Exchange Committee’s Semi-Annual Foreign Exchange Volume Survey, there are on average almost $4.3 billion…
Browsing: intermediate
The page provides useful insight into the different concepts related to the foreign exchange market. It is an ideal starting point for those with some basic knowledge, but may require more advanced trading strategies. We offer extensive resources to help traders strengthen their understanding of this fast-moving market.
If you are looking for opportunities to trade away from the USD then the Japanese yen (JPY) crosses such as EUR/JPY,…
Harmonic Trading utilizes an enormous array of effective Fibonacci alignment combinations to define patterns. However, Harmonic Trading does not stop…
The Gartley pattern, one of the most traded harmonic patterns, is a retracement and continuation pattern that occurs when a…
The A-B-C-D Pattern This Forex pattern consists of a price structure in which each price leg is equal and where…
What is Harmonic Trading? Harmonic Trading is a methodology that utilizes the recognition of specific price structures that possess distinct…
According to the Elliott Wave Theory, the market moves in repetitive sequences of upswings and downswings. A trending market is…
Corrective waves fall into 4 different categories: The zig-zag (3 variations: simple, double, triple) The flat correction (3 variations: standard,…
Ralph Nelson Elliott developed the Elliott Wave Theory in the late 1920s by discovering that stock markets, thought to behave…
The closing price has a bigger influence on Woodie’s Pivot Point as it does on the Exponential Moving Average. Many…