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A beginners guide to understanding market index

Market index in finance measures the performance of a portfolio of companies or assets in its holdings. They are also known as a benchmark index. Depending on the type of the financial asset a market index tracks, they can be classified into categories. The major market indexes are managed by companies such as Dow Jones, Standard&Poors’, MSCI, FTSE Russell...

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I used to like Candlesticks but I Prefer Renko Bars

Having spent enough time trading with the regular Candlestick charts, I have now grown to prefer trading with renko bars. In most of my articles, we were looking at the different ways you could display the raw data of the stock price or the forex currency pair of the futures instrument. Just about everyone knows how to use candlestick...

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Trading during high volatility

High volatility is one of the three elements a forex trader needs to profit in the forex market. A trader also needs a profitable trading strategy and one that is successful over a long period of time. The trading strategy should also works in different market conditions. Secondly, the trader should have a clear risk management method. Both of...

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How forex hedging works?

Forex hedging is a trading strategy that traders use to insure their trades against any big losses they might incur. Hedging in speculative trading is not something new. In fact, traders use hedging all the time, using derivatives. For example, if you owned a stock but you expect the price could fall, then you can hedge this position. A...

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