FOREX MARKET

Navigating the dynamic landscape of financial markets requires strategic approaches, and the "Fill or Kill" (FOK) order emerges as a distinctive tool in this endeavor. Characterized by its clear-cut nature, the FOK order demands immediate and complete execution or cancellation. Investors favor FOK orders for their ability to facilitate swift and precise trades, minimizing exposure to market fluctuations.

Triple Exponential Average is an indicator that determines the trend in the forex market. It is not included in the set of standard tools of the MetaTrader 4 platform. It belongs to the category of old-timers among the methods of technical analysis of markets. This is not surprising, because the tool was created back in 1980. It is based on standard moving averages, and it has several variants of use in practice. Let's analyze the TRIX indicator and its application to forex trading strategies.

The financial market is a complicated system where traders strive for successful trading. To get what they want, they should learn how to bypass obstacles on their way. You can do this only if you have reliable information. Today we will tell you who market makers are and what they do.

A proper understanding of position trading will allow you to add a powerful strategy to your arsenal for working in any financial market. Before you start trading, you should understand the basic key concepts: what position trading is, how it differs from swing trading, and what its strategy is.

Key events:       USA – GDP (QoQ) (Q3)   USA – Initial Jobless Claims Markets are unlikely to be affected by the release of any data over the Christmas period, but a bumpy exit from quarantine in China and developments in the energy market could cause global risk sentiment to deteriorate. Analysts remain bullish on the dollar in early 2023. The Czech National Bank will close the region's central bank meetings this year.

Traditionally, the earning season is a favorite time of year for active traders. This is a time when the potential for making profits increases many times over. The end of each quarter ends with the publication of corporate reports. This is a period of high market volatility, and traders try to make the most of it. As surfers catch a wave, traders try to join the movement, caused by the market's reaction to the publication. It is a very important period for intraday, medium, and long-term traders.

Economic development is cyclical – a boom is always followed by a downturn. Such a downturn is called a recession, a phenomenon that recurs with varying frequency and depth. Sometimes recessions occur with little or no serious economic disturbance, but other times they can lead to crises of varying magnitude. So what is a recession, what are its characteristics, and is the world economy in a recession now?  

Usually, the word "rally" is associated with racing. But it has another meaning besides the competition. In stock trading, the notion of a rally is used to refer to a period during which there is a rush of assets on the market. As a rule, it is expressed in the sharp increase of almost all quotes and the increase in total sales volume. Simply speaking, a market rally is a short period, when investors are trying to manage to buy more stocks with the maximum profit for themselves.

Key events: Eurozone - CPI (YoY) (Oct)   The economy does not stand still, and the figures of more than three weeks ago do not reflect the current situation. Time, it should be said, has generally flattened lately, and what was going on a few weeks ago may well be considered "old times." For instance, the U.S. Consumer Confidence Index fell from 107.8 to 102.5 in October, and the manufacturing shipments index from the Richmond Fed fell to -10, instead of the -5 the market was forecasting.

Any price movement can move in one direction only for a limited period of time. After that the quote changes its trend, goes to a sideways trend or starts an opposite trend. It is quite difficult to predict such changes, that is why modern traders invent more and more methods of market analysis. By understanding when a correction begins, traders can determine the probability of the next reversal and place appropriate orders.