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The 2016 Triennial Central Bank Survey from the Bank For International Settlements shows that the USD is the dominant currency, as “it was on one side of 88% of all trades in April 2013 to April 2016″.The EUR, the JPY, and emerging market currencies such as the Renminbi or the Mexican peso are also counted amongst the most traded currencies, while the EUR/USD and the USD/JPY are among the ...
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Strategy 3: Forex swing trading. Unlike the above two forex trading strategies, this trading overbought oversold strategy is a short term strategy. In this strategy, you use trend lines to take advantage of overbought oversold scenarios that occur in the major trends. This pushes prices far up or far down and this occurs mainly due to fear and ...
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