Category: forex
Classifications of Technical Indicators for Forex Trading
If you are a beginner in the forex trading world, you need the appropriate technical indicators to increase your chances of success. Remember, the indicators you choose will play a role in translating trends on averages and positions. Further, technical indicators dictate the form of opportunities that appear in your nighttime research.
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How To Trade Using Simple Moving Average
Moving average is a stock indicator used for statistical trends analysis. To achieve the said trends, you need to gather the trading activities such as movement of prices and trade volume. To achieve a constant price average, you need to calculate the moving average over a specific period. There are different types of moving average.…
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On Balance Volume Forex Trading Strategy
Forex technical traders have hundreds of indicators to choose from for analyzing and identifying the currency market trends. While most of the indicators have varying data they analyze and formulas, they all share one common feature, making it easier for the traders to interpret the market movements and trends. Some of the most popular technical…
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4 Types of Forex Trading Strategies
Becoming successful and being in a position to make profits is the goal of every forex trader. In forex trading, some strategies can be applied to help the trader determine when it is more appropriate for him to sell or buy a currency pair. These forex trading strategies can either be fundamental or technical analysis…
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What You Should Know About Bollinger Bands
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.
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3 Tips for Using Moving Averages in Forex Investing
Success in forex trading lies in the ability to predict movement in price. Forex traders use different tools and indicators in order to boost their chances of making the right predictions, and in turn make a profit off the trades that they make. One of the most popular technical indicators that successful traders are moving…
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Understanding Technical Oscillators and Their Importance in Forex Trade
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 MoreWhat could be the ultimate goal of a trader
The ultimate goal of ANY trader is to become an expert in trading. Of course, there are traders with the aim of earning millions. However, it is important to mention that Forex is not a casino. You should not enter the market with the intention of making illegal money rather enter the market with the…
Read MoreAussie dollar posting a bullish threat despite possible U.S rate hike
The Aussie dollar has been doing fairly well in the global market for the last couple of two weeks. The long term bearish trend in the AUDUSD pair was ceased after the formation of the initial bottom of the pair near the critical support level at 0.7158.Most of the leading investors made a decent profit…
Read MoreAussie dollar testing critical resistance level prior to FOMC meeting minute
The green bucks have been facing intensive bearish pressure in the global market after Mr. Trump become the newly elected president in the U.S economy. Though the dollar index surged up to its 14 years high in the global market, the extreme level of negative consumer sentiment due to commitment failure of Mr. Trump regarding…
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