Forex Indicators


Elliot’s Waves: The most important thing


Elliot Waves is one of the most frequently mentioned indicators of Forex. Wave theory of market analysis causes disputes throughout its existence. In fact, the wave models in the charts are a reflection of the moods of market participants – a concept that is very subjective, but quite obvious.

Ralph Elliott first discovered the theory of wave oscillations in financial markets back in 1938.


Sentiment indicators in the Forex market1


According to the report of the U.S. FX Market Committee, as of April 2012, the daily volume of trading on Forex is almost 4.3 billion U.S. dollars. Profiting on the market with huge competition because of the huge number of traders, most of whom are speculators, can only be gained by having a serious advantage.


Falling market – how to work with it?


The principles on which the positive or negative market dynamics are based are one of the most important factors influencing the Forex market. It is on the basis of the data on the fall / rise of the market trader can build their forecasts for further trends in price fluctuations.


Forecasts of oil price changes.


The drop in oil prices in 2014 had a significant impact on the economies of many countries. And if you believe the forecasts of the world’s leading analysts, a rapid change in the situation in this area for the better is not worth waiting for. Moreover, the cost of a barrel of crude oil is expected to continue to decline to $40.


Automated Forex trading: pros and cons


Exchange and currency trading are processes that require their participants to be able to react quickly to market changes. After all, too much can often depend on a delay of a few minutes – up to the loss of a solid part of the deposit. But are traders ready to spend a lot of time to control the changes taking place almost every second?