Are you confused about when to use MA or MACD? If yes, worry no more. Reading this article should help you find out what lies in moving averages and moving average convergence divergence. You will define, calculate and apply each of the most popular technical indicators. More importantly, you will compare them afterward for easier …
Foreign exchange trading is picking up pace at an alarming rate. Forex is arguably the fastest-growing income earner that is investing billions of money in the financial trading realms.
Understanding the key components of Forex trading is crucial for any serious financial trader. Forex trading contains leading variations in terms of how it should be traded and shared.
Bollinger bands are one of the oscillators toll used in forex trading. The oscillator indicator helps the trader to determine the entry and exit points in the forex market. Bollinger band measures the extent of recent price changes to establish the overbought or oversold conditions.
To be a successful forex trader, you need to hone your skills through discipline and practice. You also need to perform self-analysis if you want to see what drives your forex trades and be willing to learn how to keep greed and fear out of the equation.
As a new forex trader, your ability to make money in the markets largely depends on whether you can reliably predict trends and price movements. To this end, formulating strategies that take advantage of data, and using the right technical indicators can go a long way towards improving your odds of success. And one of …
Read more “3 Different Ways Beginner Traders Can Use Bollinger Bands for Trading Success”
As investors, carrying out proper market evaluation before plunging your money in is important. Market evaluation can be difficult to carry out, but thanks to the various technical market evaluating tools, you can make a proper and profiting trade move. Under technical market evaluation, there are several tools you can use to analyse market trends. …
Read more “Understanding Technical Oscillators and Their Importance in Forex Trade”
At first glance, Bollinger Bands and Donchian Channels look the same, and may be thought that they work identically. Bollinger Bands are significant and popular trading indicators that are used by most traders in different security markets such as forex, cryptocurrencies, and stocks. Donchian Channels offer more reliable and stable trading opportunities, which depend on …
Read more “Bollinger Bands Vs. Donchian Channels: Which is Better?”
Most of the traders cannot able to make money because of the fear of countenancing failure. Some people think that if they take more risk, they will lose the capital. But, in the Forex field, if you do not take the risk, you will not able to make profits. So, the investors need to know …
You can consider the Forex market like a business venture. To an extent, it is like a business success or failure. If you consider a trader’s life it is all about his success and failure in trading. Without a business plan, without business strategies, and without a business mindset, can a businessman succeed? Obviously, it …
Read more “What are the training tools that empower a trading journey”