The Bladerunner forex strategy is a combination of the current fundamentals and forex price action to identify a winning trade. Unlike other forex strategies, it will never enter a trade based on the rejection of the 20-day exponential moving average (EMA). Instead, it will look for a confluence of reasons to enter a trade. This…
Month: September 2022
Identifying Support and Resistance Levels in Trading
Pivot points are utilized to define support and resistance levels in the market. These levels help traders to understand retracement. When price breaks through pivot support or pivot resistance, it means that the trend is about to break out or reverse. Using pivots is a great way to make the most of retracement and understand…
How to Find Trends in Forex?
There’re many techniques you can use to find trends in the forex market. A common method is to visually inspect the price chart. A trend is defined as a pattern with consecutive higher tops and higher bottoms. Conversely, a sideways or trendless market would have equal tops and bottoms. However, its not always easy to…
Dollarization in Forex Trading
In forex trading, there are several different currencies. Some are dollarized, and some are not. This type of trading may be considered an advantage for emerging market economies. In addition, some emerging markets may find dollarization to be a very strong discipline device. However, it may also pose some risks to forex investors. What is…
Latin America’s Series of Contagious Currency Crises
The currency crises of the 1990s may have been influenced by reverse herding, the process in which money managers are less concerned about a crisis than they should be. Markets seemed complacent before these crises, even though there were reasons to believe that the next crisis might come. Reverse herding may explain this phenomenon in…
What Are Spot Exchange Rates?
Spot exchange rates are the rates of foreign currency that are immediately available for delivery. These rates are governed by the foreign exchange market and are dynamic in nature. They can also be hedged using derivative products. In this info, we will look at the basic characteristics of these rates. We will also discuss their…