Derived from the words “foreign exchange,” Forex is the largest financial market in the world. A highly liquid, voluminous market based on no specific fixed exchange, the forex is traded through financial institutions, dealers, brokers, banks and, most recently, private individuals. An up-and-coming endeavor for the smaller, personal investor, the forex market has only recently become accessible to such traders. In the past, large, required deposits counted out the small investors. But with the advent of internet trading and growing competition within the market, this type of trading is easily accessible for the average investor. Innovations in technology (ie: Internet, 24-hour trading and a global economy) have made it easier than ever to monitor the market and trade when necessary, but without proper forex training and education, private investors run a dangerous road.
Forex trading indicators abound, aiding investors in their search for optimum trading times and investing opportunities. Countless amounts of time and energy can be spent studying the latest indicators for keys to success in the market.
The average true range indicator measures the...
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