In the currency market, the term “smart money” is very common, which means that some large institutional traders understand the market better, have access to insider information or analytical mechanisms that allow them to make better predictions.

A similar situation with the experts’ opinions on the forex market. We are surrounded by various professional opinions and forecasts that affect us from all types of media and the Internet. Continue reading →

In all the world’s financial markets in recent years, actively developing trade using algorithmic systems – robots. Many market participants are convinced that algo-trading forex is the future.

Either way, many are confident that the share of algo-trading in the financial markets will continue to grow, but it will not be able to dislodge a person, because it is he who pushes his ideas into algorithms that robots implement. No matter how complex the algorithm was built into the trading robot, this algorithm was put there by the person. Continue reading →