Technical Analysis II: What are Charts?

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A chart is the most important tool for understanding the total sum of what is going on in the market. Almost all traders today, particularly those who trade actively, use their favourite types of charts to analyse the market. In … Continued

Basic Concepts II: Nature of the Foreign Exchange Market

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The Foreign Exchange Market is an over-the-counter (OTC) market, which means that there is no central exchange and clearing house where orders are matched. With different levels of access, currencies are traded in different market makers: The Inter-bank Market – Large … Continued