Recommended Brokers March 2015

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  • Base and Quote Currencies
    The first currency in a currency pair (the one on the left side from the slash "/ ") is called base currency. Base currency always has a value of 1. The second currency in the currency pair (the one on...
    All Forex quotes display two prices, the bid and the ask. BID: The price of the base currency that the dealer is willing to pay in exchange for the quote currency. In simple words, the bid is the price...
  • Bollinger Bands - Technical Analysis and Forex Indicators
    Bollinger Bands are very popular technical indicators among forex traders. The man responsible for the idea is John Bollinger – he created this technical trading tool in early 1980s. The primary idea...
  • Chart Pattern Symmetrical Triangles
    One of the pattern formations in forex trading is called Symmetrical Triangle. This pattern is formed when a sequence of higher price values creates a line and a sequence of the lower price values creates...