The Momentum indicator is classified as an “oscillator” since the resulting curve fluctuates between values about a “100” centerline, which may or may not be drawn on the indicator chart. Overbought and oversold conditions are imminent when the curve reaches maximum or minimum values. The addition of a Smoothed Moving
The moving averages might be the most fundamental indicator used by most technical analysts. Then, the simplest of which is the simple moving average (SMA or MA for short). And this nearly averages out the closing prices at the picked time frame and shows as a line over the current
Fibonacci is a tool popular with many technical analysis and price action traders that was designed in the 13th century by a mathematician ‘Leonardo Fibonacci’. Fibonacci is a well-known mathematical series of numbers with each number being the sum of the previous two. The Fibonacci sequence of numbers are; 0, 1,
Some Forex traders dream about finding great set and forget forex trading signal services which are easy to follow, profitable and convenient. They would then just copy the daily currency recommendations into their Forex broker dealing station and watch their trading account grow and grow. The big challenge to the average Forex
Forex market is changing, and changing cyclically. It means that usually there are such situations on Forex when the price behaviour becomes as predictable as possible. And if we can predict the price, then we can earn on the market. One question remains: on what basis can we predict the
Forex trading can be exciting and richly rewarding if you do it rightly. Trading with the right set of tools that are specifically designed for Forex trading will increase your chances of getting an impressive Return on Investment (ROI) for your efforts. This is because the tools will enhance your
Forex is a real global marketplace, with buyers and sellers from all corners of the globe participating in trillions of dollars of trades each day. The fact that foreign exchange trading has become such a global activity means that macroeconomic events everywhere play a greater role in forex than ever
It is not hard to find a forex broker who makes you feel safe and mentally comfortable, you just have to take into account the important factors in finding a reliable and trusted Forex broker. Essentially, a trusted forex broker is ethical, law-abiding, fully devoted to its clients, and its background in the industry
These forex brokers offer the best platforms for all types of traders The global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far. When looking for the “best” forex broker, both beginners and experienced traders generally look for several key features and