With the internet boom of early 2000 making access to trading the Foreign Exchange (FX) market far simpler for members of the general public, the growth of ‘retail' FX trading continues, with daily transaction volumes as high as $200 billion. Potential new entrants to the retail FX trading...

There has been much historic discussion about the effectiveness, or otherwise, of technical trading strategies in the financial markets. The view, that ‘technical analysis' (TA) may be of limited value in a market seemingly driven by economic fundamentals, would seem to be supported by...