Risk Disclaimer: Security Trading, Forex, Options, Futures and Commodities are highly leveraged products which involves large potential risks. If efficient money management,is not practiced then there are possibilities that you may lose your capital (Margin Call) in a matter of days or even minutes.

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. This is how settlement risk is defined.

Major Currency Pairs Chart Pages

Forex Trendsetter™ is the name I have given to the system I have worked tirelessly and non-stop on for the past 6 years. Forex Trendsetter™ is totally unique and different to any other “system” out there.

Cash and checks are the most common mode of funds settlement. But, the bulk of the settlement is done through electronic fund transfer, which transfers trillions of dollars in the form of foreign exchange on any given day. There are two major differences that can be seen in the operation of both systems. So even though it's a private entity, the private settlement is done through the federal bank.

Secondly, fedwire transfers the money in real time. This means that as soon as the settlement has been arrived upon, the money is transferred to your account. CHIPS do not immediately clear the settlements. It is done only at the end of the day when all the transactions have been completed.

However, United State's CHIPS and Fedwire are the most frequently used methods of transferring payments, but many other countries also have similar methods of their own for the movement of currency from one account to another.

This is a term which you must be aware of when dealing in forex. Since the transaction involves the banks of two different countries and economies, there is always a settlement risk during the various transactions. For example, it's highly possible that the currency amount that you traded has been debited from your account, but the amount that has to be credited from the other bank has not yet reached you!

This is how settlement risk is defined. Trend line break out and Double bottom: Inverse Head and Shoulder: Consolidation, The RSI lacks upward momentum. Rebound, The RSI shows upside momentum. Bullish bias above 1. The downside prevails, The RSI advocates for further downside. Under pressure, The RSI is mixed to bearish.

The upside prevails, The RSI is mixed to bullish. Under pressure, The RSI lacks upward momentum. The RSI is overbought our pivot point stands at 1. This could mean that either the pair is in a lasting uptrend r just overbought and that therefore a correction and could shape look for bearish divergence in this case. The MACD is positive and above its. Continuation of the rebound, The RSI shows upside momentum. Key resistance at Under pressure, The pair has validated a Rising Wedge: The bias remains bullish, The pair is bullish channel in place since bottom.

The downside prevails, The pair remains on the downside, challenging the lower boundary of a bearish channel in place since June. The downside prevails, As long as 0. The bias remains bullish, The RSI shows upside momentum.