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V. 21:12 (14-24): Trading In The Forex Trenches by Matt Blackman
V. 21:12 (14-24): Trading In The Forex Trenches by Matt Blackman
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Trading In The Forex Trenches by Matt Blackman
Foreign exchange markets offer great liquidity, are less prone to being pushed around by major market players, and adhere to technical trading rules more closely than equity markets. So why arent they more popular with traders? A seasoned forex trader provides us with a view from the inside, including some of his favorite trading strategies.
Experienced traders often remark that the foreign exchange markets are a technicians delight, as they adhere more closely to the technical indicators than other securities. There is less random noise (that is, volatility) in the forex markets, and trends there are generally of the longterm nature.
Foreign exchange markets offer great liquidity, are less prone to being pushed around by major market players, and adhere to technical trading rules more closely than equity markets. So why arent they more popular with traders? A seasoned forex trader provides us with a view from the inside, including some of his favorite trading strategies.
Experienced traders often remark that the foreign exchange markets are a technicians delight, as they adhere more closely to the technical indicators than other securities. There is less random noise (that is, volatility) in the forex markets, and trends there are generally of the longterm nature.
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