Here I will explain you about algorithmic trading , fundamental trading and technical analysis in foreign exchange.
Algorithmic Trading in Foreign Exchange
In the FX market Electronic trading is growing, and nowadays algorithmic trading is becoming much more common. As estimated by financial consultancy Celent, by 2008 up to 25% of all trades by volume had been executed using algorithm, which has been increased from about 18% in 2005.
It is required for an algorithmic trader that he should be fully aware of all the potential frauds by the broker. A check should be included in part of the weekly algorithm to see if the amount of transaction errors at the time when the trader is losing money occurs in the same proportion as when the trader would have made money.
