Correlation measures relationship between two variables, ranging from -1.0 to +1.0. Positive correlation means variables move in same direction, negative means opposite. Correlation coefficient of +1 indicates 100% movement in same direction
Forex is the world's largest, most liquid currency market. No centralized location or government oversight. Trillions of dollars change hands daily. Open 24 hours, five days a week globally
Technical indicators analyze MetaTrader 5 charts for Forex, stocks and commodities. Indicators define trend direction, power, overbought/oversold states and support/resistance levels. Mathematical models provide objective assessment of market state
Forex market trades 24 hours daily with over $8.2 trillion in daily transactions. Market operates in three main sessions: Asian, European, and North American. Trading hours vary by location, with Tokyo, London, and New York being main hubs
A pip is the smallest whole unit price move in forex trading. One pip equals 0.0001 and appears in the fourth decimal place. Most currency pairs are quoted to four decimal places
Forex market operates 24 hours daily except weekends. Market is decentralized with four major sessions: Sydney, Tokyo, London, New York. Seven most traded currencies: USD, EUR, JPY, GBP, AUD, CAD, CHF