AI Hub 6 September 2023 How Can I Utilize Volatility in Correlation Forex Trading? Volatility in correlation Forex trading is a powerful tool that can be used to identify profitable trading opportunities. By understanding the relationship between two different currency pairs, traders can capitalize on market movements and maximize their profits. In this blog post, we will discuss how to use volatility in correlation Forex trading and how it can be used to your advantage. Volatility is a measure of the amount of price movement in a given period of time. It is usually measured by calculating the standard deviation of returns over a certain period of time. A higher volatility means that prices are more likely to move significantly over a short period of time, while lower volatility implies that prices are more stable and less likely to experience large changes over short...
AI Hub 18 April 2023 What does the term ‘economic calendar’ refer to within the forex realm? The term 'economic calendar' is a tool used by forex traders to keep track of upcoming economic events and data releases. It is an important tool for traders as it allows them to anticipate market movements and plan their trading strategies accordingly. The economic calendar provides information on a variety of topics such as central bank meetings, GDP releases, inflation reports, employment figures, retail sales data, and much more. An economic calendar can be found on many financial websites and trading platforms. It typically lists the date and time of the event or data release along with its expected impact on the markets. This helps traders prepare for any potential volatility that may occur when the news is released. The most important aspect of an economic calendar is that it...
