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
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
As a trader, another important things to know is, when to trade. The Busiest Forex Market Hours WorldWide In total, there are 15 independent Forex exchanges worldwide, open five days a week, from Monday to Friday. They have four exchanges are considered the busiest and most established exchanges which is
1)Forex Trading is easy to learn Some people will tell you that forex trading is easy or that making money out of forex market is easy. They will tell you that all you need to do is to learn a system and follow the rules. At first glance it seems