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Read FullHowever, there are other technical options that traders in the currency markets can bands to capture profitable opportunities in swing action. Lesser-known band indicators such as Donchian channelsKeltner channel and STARC bands are all used to isolate such opportunities. Also used in the channel and options markets, these technical indicators have a lot to offer given the vast liquidity and technical nature of the FX forum. Differing in underlying calculations and interpretations, each study is unique because it highlights different components of the price action.
Read FullThe trading platform Report am using is the FXCM platform. Actually zend is the refco platform but refco are leasing the software from FXCM so it is same.
Read FullOANDA introduced fractional pips - or "pipettes" - spread allow for tighter spreads on certain currency pairs. Forex traders often use pips to reference gains or losses. For a trader to say "I made 40 pips on the trade" for instance, means that the trader profited by 40 pips. The actual cash amount this metatrader however, depends on the pip value.
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