However, potential clients should be aware of the reported platform stability issues and assess how these may impact their trading strategies. The new Trading Station Web 3.0 was designed for traders, by traders. Trading Station Web 3.0 offers an incredible trading experience, with an intuitive user interface and powerful...
Fill out the form below and a Monex USA market expert will connect with you shortly. For instance, if a country’s central bank raises interest rates, its currency may strengthen due to increased foreign investment. Conversely, poor economic data can lead to a decline in currency value. Economic events...
Exotic pairs are in much lower demand from financial institutions, meaning that the spread will be much higher. Gaps do occur in the forex market, but they are significantly less common than in other markets because it is traded 24 hours a day, five days a week. Forex is...
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money. This is a profitable weekly trading strategy, which...
In retracement trading, you wait for the price to make a dip (the retracement) against the trend, and then enter a trade back in the direction of the original trend. The difference between general day trading and scalping may not seem like much, but the compression in time creates...
In this course, we will be using Pearson's \(r\) as a measure of the linear relationship between two quantitative variables. Pearson's \(r\) can easily be computed using statistical software. Correlation is a powerful tool in data science, offering insights into relationships between variables. But it’s crucial to use it...
For instance, if ‘r’ is 0.8, squaring it to get ‘r²’ gives 0.64. This means the variance in the other variable accounts for 64% of the variance in one variable. It’s a powerful way to quantify the predictive power of the linear model created by the two variables. This...