Welcome to BlackStone Futures - Leading FSB Regulated Forex Broker

Category: Education

22 Nov
forex education

Introduction To The Forex Market

The Forex or FX Market derives its name from Foreign Exchange. It is essentially the exchange of currency (money) between two different countries. The FX market is the largest financial market in the world, and is open 24 hours per day, 5 days per week.

25 Oct
forex education

Forex Help – Commodity Channel Index

The CCI was initially developed for the commodity markets but is widely used by FX and equity traders too. It measures the variation from the average and is similar to the RSI and Stochastics. It indicates a reversal of the trend.

25 Oct
forex education

Forex Help – Envelopes

Envelopes are based on a simple moving average. It uses a deviation to show an upper and lower trading band. When the market reaches the upper band, it indicates a short may be in play. The same applies to a long trade. An extremely useful tool.

25 Oct
forex education

Forex Help – Average Directional Index

Another indicator that can assist with determining the strength of a market move. The ADX is best used with a stochastic or RSI. Shows whether we have a weak or strong trend, not whether the market is overbought or oversold.

25 Oct
forex education

Forex Help – Parabolic SAR

Often known as the “stop and reverse” indicator. It plots little dots above and below the price and helps identify a change in direction. Can also help with where to place stop losses.

25 Oct
forex education

Forex Help – RSI

The Relative Strength Index shows the magnitude of the recent price movements. The RSI shows the strength of the market move in one direction or the other.

25 Oct
forex education

Forex Help – Bollinger Bands

Bollinger bands have a number of valuable uses. Whether it is following trends or looking for possible entry and exit points. Understanding these can be very useful to FX traders.