Most Commonly Used Forex Chart Patterns

While chart patterns can be very useful tools in your trading strategy, they also have their disadvantages. Using too many of them can lead to confusion. Ultimately, you must use your own experience to decide which chart patterns to follow. Here are some common chart patterns you should keep an eye on. Listed below are the advantages and disadvantages of each. All chart patterns have a unique set of signals, and you should use your…

"Most Commonly Used Forex Chart Patterns"

The Substantial Risks Behind Forex Market

The Forex market is largely unregulated, with little regulation or daily price limit. As a result, it presents substantial risks to traders and investors alike. A devaluation is one such risk. Every bank holds either a long or short position in a currency, and a depreciating currency means a loss for the bank. Traders must take this into account before they enter a trade. Listed below are the principal risks to currency trading. The forex…

"The Substantial Risks Behind Forex Market"

Three Elements of Investment Reports

When reviewing your investment reports, make sure to look for these three key elements: the name of the report, the dates the report was generated, and the return on investment. These three elements should be in a report for every investment account. The first is the name, and the second is the date range. Investment reports are also helpful when deciding whether to sell a security. The first two aspects should be obvious. The last…

"Three Elements of Investment Reports"

The Stock Market and Share Market Difference

If you are an inexperienced investor, it may be difficult to tell the difference between the stock market and the share marketplace. Shares are the smallest form of stock. Both of these markets are based on trading. Shares are components of a corporation’s total value. You can purchase a certain number of shares from a company to invest in its stock. The stock market is a global network of stock exchanges. These exchanges allow traders…

"The Stock Market and Share Market Difference"

What Is Financial Accounting?

Financial accounting is the process of recording and reporting the economic effects of transactions. In other words, when cash is received or paid, the financial effects are recorded in the financial statement. This principle applies to revenue and expenses. Revenue is recognized when the entity earns them, and expenses are recognized when they are paid. The matching principle also applies to interest, which is recognized when paid between the purchase of a fixed income security…

"What Is Financial Accounting?"