Leverage can provide substantial opportunity for forex traders, but it can also present them with a significant amount of risk.
Russell Shor (MSTA, CFTe, MFTA) is a Senior Market Specialist at FXCM. He joined the firm in October 2017 and has an Honours Degree in Economics from the University of South Africa and holds the coveted Certified Financial Technician and Master of Financial Technical Analysis qualifications from the International Federation of Technical Analysts. He is a full member of the Society of Technical Analysts in the United Kingdom and combined with his over 20 years of financial markets experience provides resources of a high standard and quality. Russell analyses the financial markets from both a fundamental and technical view and emphasises prudent risk management and good reward-to-risk ratios when trading.
Chart Patterns: Doji
A doji is a candlestick with a closing price very near to its opening price. It is unique to other candlesticks because its body is very small or nonexistent.
Chart Patterns: The Hammer
The hammer is an easily identifiable candlestick charting formation that often foreshadows a bullish reversal and can be useful in tracking short-term price action.
Triangle Chart Patterns
Technical analysts can use simple geometric patterns such as triangle chart patterns to unveil signals that can indicate where the market could go next.
10 Largest Companies In Australia By Market Capitalisation
The Australian Securities Exchange (ASX) is one of the 10 largest global securities exchanges by value, with a total market capitalisation of about A$2 trillion. It is also the largest…
The New ECB Monetary Policy Strategy and the EURUSD
The ECB Changes Monetary Policy Strategy to Symmetric Target On 8 July the ECB announced its new monetary policy strategy of symmetric 2% inflation over the medium term. The target…
Learn Forex: Fibonacci Retracements
Fibonacci levels are trading levels based on mathematical ratios from what are known as Fibonacci numbers and date back to the origins of mathematics.
A Guide To Forex Futures
Forex futures are derivatives contracts that help investors manage the risk associated with currency fluctuations. Knowing how they work is crucial to using them effectively.
Automatic Stabilisers and Expansionary Fiscal Policy
Governments utilise a mix of spending and taxation to meet economic objectives. This is typically referred to as fiscal policy and is used to affect the level of aggregate demand…
Moving Average Forex Strategies
Moving averages help forex traders make effective transactions by aiding them in evaluating the price history of a currency pair or related investment.
The Fed May Lack the Flexibility That Other Central Banks Enjoy
Central Banks Introduce Hawkishness On 21 April, the Bank of Canada was the first industrial country's central bank to signal a reduction in stimulus and a normalisation of monetary policy.…
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