FEATURED FOREX TOOL

Each cell in the following tables contains the correlation coefficient for two currency pairs (currency correlations) which are named in the corresponding fields of the upper and left-hand panel.
Correlation coefficient measures how closely two currency pairs move together. If both pairs move up and down in perfect unison then their correlation coefficient is +1. If the movement of one pair doesn't tell anything about the movement of the other pair then there is a zero correlation between these pairs. If two pairs move in exactly opposite directions then their correlation coefficient is -1. Correlations are also divided into four groups in accordance with their strength. Read More
FXIMPULSE: THE NEW FOREX EDUCATION

FXIMPULSE will help you develop a proper perspective on all important aspects of successful forex trading. The course teaches the importance of balanced approach to currency trading where all three systems - the trading system, the money management system and the emotion management system - are given an equal weight in the forex trading plan.
FXIMPULSE HIGHLIGHTS
Forex Trading Plan

The forex trading plan is the systematic approach to currency trading which controls all aspects of the trading. The trading is conducted through simultaneous application of three different systems - the forex trading system, the money management system and the emotion management system. These three systems are three pillars of the successful currency trading. Read More
Forex Trading System

Forex trading system is the subsystem of the forex trading plan which controls when and at which price you open and close your trades. Read More
Money Management System

Money management system is the subsystem of the forex trading plan which controls how much you risk when you get an entry signal from your forex trading system. Read More
Emotion Management System

Emotion management system is the subsystem of the forex trading plan which controls how closely you follow your trading system and your money management system. Read More
Technical Analysis

Technical analysis is the study of past price patterns to forecast future price action. The price of a currency pair is the only input studied by technical analysists...Read more..
Fundamental Analysis

Fundamental analysis is the method of forecasting future currency value through the analysis of all of the economic, political and social factors relevant to it. Read more..
Elliott Wave Principle

Elliott Wave Principle is based on the fact that prices usually move in fives waves in the direction of the larger trend and in three waves contrary to it. Read More
Fibonacci Retracements

Fibonacci retracements are percentage values which can be used to predict the length of corrections in a trending market. Read More
Forex Indicators

RSI, MACD and Stochastic are the 3 most widely used forex indicators, employed primarily to identify overbought and oversold market conditions.Read More
Support and Resistance

Support is the price zone below the current price where price declines are likely to stop and reverse. Resistance is the prize zone above the current price where... Read More
Trends and Corrections

A forex trend is broadly defined as the direction in which a currency pair is moving. Currencies usually do not rise straight up, nor do they fall vertically down. Read More
Price Patterns

Price patterns are pictures of price movement which have predictive value. These patterns reflect interaction between the bulls and bears on the market.Read More
Japanese Candlesticks

Japanese candlesticks is the charting technique which makes it easy to see the relationship between the opening and the closing prices for specific periods of time. Read More
Forex Trendlines

Trendlines are straight lines that connect each successive rising bottom to show an uptrend or each consecutive declining top to indicate a downtrend. Read More
Bollinger Bands

Bollinger bands are lines traditionally placed at 2 standard deviations above and below the 20-period simple moving average - far enough to keep 95% of currency price action between them. Read More
Moving Averages

Moving averages clarify the direction of the underlying trend by smoothing out price fluctuations. This is done by taking the average of the closing prices seen during a fixed period of recent price action. Read More
Interest Rate Differential

The following materials demonstrate high correlation between the long-term currency trends and interest rate differential cycles . As the first step we measure the cyclic component of the long-term currency trends. Read More
Best Correlation Period

This page describes the research project undertaken by forexhit.com to uncover the correlation periods that are best suited for monitoring the short-term and the long-term daily correlations between the currency pairs.Read More
InterActive Forex Education

The forex trading plan is the systematic approach to currency trading which controls all aspects of the trading. The trading is conducted through simultaneous application of three different systems - the forex trading system, the money management system and the emotion management system Read More
Forex Trading Simulator

This forex trading simulator demonstrates the performance of a forex trading system whose past accuracy and payoff ratio (avearge win/average loss) are known. The simulation is based on the following assumptions: Read More
Currency Diversification Similator

The simulator compares the results of trading two currency pairs or trading systems individually with the results that would have been achieved if they were traded concurrently and the risk capital was divided between them. Read More
System Correlation Simulator

The simulator compares the results of separately trading two identical trading systems which have specific level of correlation between them with the results that would have been achieved if these systems were traded concurrently. Read More
Mathematical Exp. Calculator

The following materials demonstrate high correlation between the long-term currency trends and interest rate differential cycles . As the first step we measure the cyclic component of the long-term currency trends. Read More
Correlation Simulator

This calculator demonstrates how two time series move in relation to each other when they are correlated to a certain degree. You can simulate the correlation over two different-length time series - with 20 and 40 cases, respectively. Read More
Alocation Efficiency Calculator

This calculator compares the efficiency of risk capital allocation when trading on a mini account with the efficiency of risk capital allocation when trading on a standard account. The allocation efficiency is the function of ... Read More