Understanding technical analysis – join FBS’ live webinar
on September 17, 2020 at 3:00 pm
Join renowned forex educator, Barry Norman for an exclusive on technical analysis and how it can be a game changer for your trading strategies When it comes to technical analysis, many traders automatically think of just indicators and oscillators. However, these tools constitute a small field in a truly wide overall study of technical analysis.
The use of exponential moving averages in forex trading
on September 14, 2020 at 2:36 pm
How exponential moving averages work There is a debunked myth that banks are following some kind of 'magical moving average.' They think that somewhere there is a moving average that cannot miss. But nothing could be further from the truth. Like anything else, a moving average is a tool that traders use to define a trend and perhaps look for
The correlations are breaking down and they might be breaking down for good
on September 4, 2020 at 5:40 pm
Everything is changing The under-the-rader theme of 2020 is how so many correlations are breaking down. There's risk aversion today but USD gains since the height of the worries today are nearly erased.
The story of the USDJPY and what is says about control between the buyers and sellers
on August 23, 2020 at 3:52 pm
What happened in the USDJPY last week (and it's significance in the pairs story) and where we may be going... When you analyze charts, it is important to tell the story of where we were, what "the market" did to enhance that story and then make a judgement of what may happen because of that story.
Does technical analysis work, or should it be in the same category as astrology and voodoo?
on August 20, 2020 at 11:46 pm
I posted on this a while back and reposting it now for those who may have missed it. Some interesting weekend reading if you feel like it. A piece from Cam Hui, author on the blog .
Today is 49 years since Bretton Woods collapsed. Why it matters more than ever
on August 15, 2020 at 12:41 pm
Deficits are a major challenge to the dollar-based system On August 15, 1971 -- exactly 49 years ago -- the gold-pegged Bretton Woods system collapsed. After nations began to demand redeeming dollars for gold, President Richard Nixon shocked the world with the following after secret meetings at Camp David: