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Indicators. Forex indicators are the key technical analysis tools representing a mathematical transformation of the volume and value of a financial instrument over a specific time interval. Indicators allow to predict the future price movements and help traders make the right trading decisions.

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The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies.This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world.

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Part 2: Forex Trading Terminology - The Forex market comes with its very own set of terms and jargon. So, before you go any deeper into learning how to trade the Fx market, it's important you understand some of the basic Forex terminology that you will encounter on your trading journey…

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A type of Forex brokerage firm that provide its clients direct access to other Forex market participants. ECN brokers do not discourage scalping, do not trade against the client, do not charge spread (low spread is defined by the current market rates) but instead charge commission for every executed order. See the list of ECN brokers.

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