Trend Following Strategies for Forex Traders

Trend following is a popular trading strategy that has been used by Forex traders for many years. This strategy involves…

Venezuelan Bolivar (VEF)

The Venezuelan Bolivar (VEF) is the official currency of Venezuela. The current bolivar, known as the “Bolivar Soberano” (Sovereign Bolivar),…

Ugly

Ugly is a term that describes unforgiving market conditions that can be violent and quick.

Tick ​​

" Tick " refers to changes in the price of a financial instrument, whether the price change is upward or…

Treasury General Account (TGA)

Treasury General Account (TGA) is an account held by the U.S. Treasury Department at the Federal Reserve. TGA is an…

Saudi Arabian Riyal (SAR)

Saudi Arabian Riyal (SAR) is the official currency of Saudi Arabia, a country located in the Middle East. The Saudi…

Secured Overnight Financing Rate (SOFR)

The Secured Overnight Financing Rate (SOFR) is a benchmark rate that reflects the cost of overnight borrowings collateralized by U.S.…

Relative Strength Index (RSI)

RSI or Relative Strength Index is a technical indicator that measures the strength of a currency pair by comparing its…

Premium

The amount by which a forward price exceeds the current market price. If you want to learn more foreign exchange…

New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand and its external territories such as the Cook…