This article describes the changing geographic trading patterns of international trade. It includes a discussion of factors influencing these patterns, such as the growth of emerging economies, global integration after the Second World War, and changes in comparative advantage. It also considers how these changes affect employment. Using a graph to illustrate these changes, we…
Forex Concepts Everyone Should Know
When it does come to trading currencies, there are a few important concepts that everyone should know. There is the Pip, the market rate, Liquidity, the mid-market rate, the interbank rate, and FX spread, markup, and margin. Foreign exchange involves any transaction involving two or more different currencies. Pip A pip is a measurement unit…
The Bladerunner Sniper Forex Strategy
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…
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…