Support vector machine - currency trading strategy
The forex market is an international trading market where the currencies of every country are sold and bought freely. The price of one currency determined only by market participants is driven by supply and demand. The trading is conducted through individual contracts. The standard contract size (also called a lot) is usually 100,000 units. This means that for every standard contract acquired, the control is of 100,000 units of the base currency. For this contract size, each pip (the smallest price increment) is worth $10. Depending on the trading strategy of a trader, a position can be maintained for a very short time or for longer periods, even years. There are several tools that allow the trader to be able to understand and make decisions on the market, grouped basically under fundamental or technical analysis. Fundamental analysis takes into account the constant exchange of political and economic information. Technical analysis is based...