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Moving average envelopes: Riding the waves

A moving average envelope, coupled with RSI, offers a powerful trading strategy for a breakout market.
A moving average is one of the most commonly employed technical indicators. It averages the price of a currency pair over a given period of time, with the calculated average “moving” as the earlier prices fall out of the dataset […]

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Year-end illiquidity

One of the outstanding features of trading the forex market is its liquidity. According to the latest Bank of International Settlements (BIS) triennial report, covering the period 2004–2007, that liquidity has reached monumental proportions, growing 71% in the last three years and reaching U.S. $3.2 trillion in average daily turnover this past April.
Forex market liquidity […]

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