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

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

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

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

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 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 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

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 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 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

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

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

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

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

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

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

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

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