How to Develop Forex Trading Skills Foreign exchange is the most liquid financial market because it involves trading currencies on a global level. It includes individuals, banks, corporations and governments, and is not solely for investment. News at the national level directly impacts the currencies, and it takes some time to develop Forex skills on the technical and fundamental level. However, if you intend to trade in the Forex market, it ...
India's forex reserves rise to $313.54 billion as of June 13: Citibank India's foreign exchange reserves rose to $313.54 billion as of June 13 compared with $312.59 billion in the week earlier, the Reserve Bank of India said on Friday. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said in its weekly ...
Chart USD/CNY 1-Yr Update: Consolidation prevails 20 Jun USD/CNY 1-Yr NDF Daily 01::22 GMT - Starting the new day on a consolidative tone and ability to clear the 6.2415 resistance will revive upmove from 6.2010 low towards 61.8% mark at 6.2421 ahead of 6.2445. On the downside, dip below 6.2255 support will jeopardise this 1-1/2 week upmove. [W.T] R5: 6.2526 9 Jun high R4: 6.2507 * 30 May low, break R3: 6.2445 ...
The use of Forex robots is one of the more controversial issues in Forex Part of the controversy stems from the reviews provided by several traders who have found themselves on the receiving end of some junk robots. Many accounts have been decimated by these robots, causing some traders to jettison their use entirely. However, the use of FX robots can greatly enhance the trading experience if they are used properly. In this article, we will try to identify ...
Writing Your Own EA Part 100 – EA Expiration Dates If you’re new to this series and want to check it out from the beginning, you can find that here. And look here for a list of all the programming articles. In Part 99 we wrapped out discussion of price and trade size validation. As promised, this time we’ll talk about setting expiration dates in your code. Why have an expiration date? Well, one reason is for added security for ...