What is housing-starts-and-building-permits in Forex Trading?
It is key economic indicator which refer to the figure of new construction projects started during certain month. The data of housing starts and building permits is released around 17th of each month by US Commerce Department. The report include several types of indicators which moves the market such as housing starts, housing completion data […]
What is Housing Starts Canada in Forex Trading?
The housing starts measures the variation in number of new inhabited housing projects that starts construction during the stated month. It is leading indicator in the housing sector. The housing starts Canada begin to show crack in March 2020 due to COVID-19. Canadian housing decline to 7.3% in March, this brought the six month moving […]
What is Keltner Channel in Forex Trading?
It is volatility based technical indicator consist of three separate lines. The middle line is called Exponential Moving Average and other two lines are placed above and below it. The upper band is placed above the exponential moving average set two times the Average True Range, and lower band is placed below the exponential moving […]
What is Hit the Bid in Forex Trading?
Hit the bid is a word used to describe price at which the trader agrees to sell at bid price mentioned by another trader. Hit the bid-offer is controlled by the market maker or broker who take a commission based on bid-offer spread.
Who is Henry Paulson?
Henry Paulson is an American banker born on March 28, 1946. He served as 74th Secretary of the Treasury. Prior to his role in Treasury Department, he also served as chief executive officer and chairman of Goldman Sachs. Henry Paulson also served as Staff Assistant to the Assistant Secretary of Defense at Pentagon from 1970 […]
What is Hedge in Forex Trading?
Hedge is an investment to cut the risk of adversarial price movement in an asset. Hedge involve taking an offsetting position in associated security. Hedging practice is used to reduce the risk, but keep in mind that almost every hedging exercise have its own downside as well. Hedging is considered imperfect and not a warranty […]