With its almost six trillion dollars daily turnover, the Forex market depends on Forex news to move. For this reason, Forex volatility and Forex news enjoy a direct relationship. Most of Forex news comes from the economic sphere. Job-related data, changes in the size of an economy, inflation, etc., offer traders clues about the economic […]
In trading, like in life, simple things work best. Traders that search how to measure volatility use the average daily range for it. The idea is not a bad one. The average daily range represents the purest form of interpreting a market. The Forex dashboard consists of multiple currency pairs. Either a major pair or […]
One of the best volatility indicators, the average true range indicator helps traders understand the way a currency pair moves. Moreover, the atr formula considers large ranges that accompany strong moves. Any financial product moves in its own way. Stocks move differently than bonds, bond move differently than currency pairs…and so on. Even among currency […]
This live Forex trading example involves a bullish trade taken on the M5 chart of the GBP/USD based on signals from the Bollinger Bands Forex indicator. The trade gives a clear example how to take advantage of Forex volatility when identifying emerging trends. I opened a long trade on the assumption that a bullish move […]
