FOREX TOOLS

Most traders know that the methods of technical analysis are based on the study of changes in the movements of price charts and the Market Depth. However, another important object of technical analysis is trading volumes. Experienced traders believe that there are two objective factors in the market: the price and volumes. Let's see in more detail what a trading volume is, how to analyze it, and which tools for its evaluation are available to a modern trader.

In trading, levels where price changes direction (resistance or support) are often used.

Trading on any of the markets is quite a complex activity. Unlike other professions, a trader needs to have a computer and a stable Internet connection. It is the minimal set necessary for carrying out activity on the forex market. So why not make trading a little easier by using various Forex instruments for this purpose.