Any tool used to assess the market based on price data and time.
A technical indicator designed by a formula that uses price action or data and time, and is used to assess current market conditions as well as forecast future activity. Used in technical analysis, tools include the Moving Average, RSI, Bollinger Band etc. These are also referred to as technical studies. Technical studies also include drawing tools such as a plot of fibonacci retrcement and projection levels.
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Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and seek advice from an independent financial advisor if you have any doubts.
