Forex Trading

My group does $mm for millions but a single $B for billions. Can’t explain why, but I’ve just gotten used to it at this point. When it comes to abbreviating million in financial documents and presentations, it is a matter of preference. It would be bad form to mix K and MM because they are two different systems of notation. “MM” is an old-fashioned abbreviation, but it still sees some… Weiterlesen »M vs MM What Is The Correct Abbreviation for „Million“?

Scalpers also tend to ignore even short-term trends within the financial markets, as these do not have time to materialise before a trade is completed. The combination of five, eight, and 13-bar simple moving averages (SMAs) offers a relatively strong fit for day trading strategies. These are Fibonacci-tuned settings that have withstood the test of time, but interpretive skills are required to use the settings appropriately. It’s a visual process—examining… Weiterlesen »The Best Indicator for Short-Term Trading Strategies