Technical Analysis of the stock market

A stock market is a financial market where multiple shares and securities are traded. It wouldn't make sense over here to go through the details of what exactly a stock market is and the definitions of shares and securities, but what we are going to talk about is how statistics is fundamental for the analysis of the stock and the foreign exchange market (also known as the forex market). A forex market is a simple yet complicated market. In these markets there is a complete and continuous movement Read more [...]

Statistics and Probability helping to gain profits in Forex Trading

The prices in Forex or any other financial market seem to move up, sideways and down everyday. But sometimes it can be observed that Forex prices constantly move in one particular direction. At that time, one may get tempted easily to invest in a currency pair (Exchange rate relationship between two currencies, where one currency is expressed in terms of the other - e.g. GBP-EUR (British Pound against Euro) is a currency pair). As soon as he buys the currency pair, suddenly the value of it changes Read more [...]