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Using Moving Average Tool in Forex Trading

4 weeks ago forexsimulation Comments Off on Using Moving Average Tool in Forex Trading
Making swift decisions is crucial in forex trading. Since the prices of the forexes keep changing, a forex trader must continuously monitor the changes. One of the tools that you can use to track the price changes is the moving average tool. Moving averages show the prevailing conditions in a non-trending forex market. Read More

Using a Forex Moving Average Convergence Divergence Trading Strategy

3 months ago forexsimulation 0
MACD is a popular momentum indicator that follows and captures trends to show the relationship of two (MAs) Moving Averages of prices. Created in the 1970s by Gerald Appel, MACD is usually calculated by minusing the 26-day EMA from a 12-day EMA (Exponential Moving Average). These MAs use the closing prices of the period being Read More

Different Types of Moving Averages for Traders

5 months ago forexsimulation 0
A moving average is described as a technical indicator that investors and market analysts use for determining a trend’s direction. It’s a sum of a financial security’s data points over a particular period, and the total divided by the data points to get an average or mean. It is known as a moving average because Read More

Bollinger Band trading strategies and Patterns

6 months ago forexsimulation 0
Forex traders use a wide range of strategies and patterns with Bollinger bands. Read along to find these out. Double Bottoms A double bottom is a technical analysis charting pattern that defines a power reversal and a difference in trend from previous dominant price action. This pattern indicates the drop of an index or stock, Read More

Taking help from online resources

4 years ago forexsimulation 0
As a trader, you will see that there are lots of online resources. Most of these resources are for helping the traders and it is up to you how much help you can take from them. Most people who begin their career in Forex has no idea of the investment market. It is their first Read More

Some basic rules of investing in Forex market

4 years ago forexsimulation 0
Forex market is not your stock market where you can rule the market. This market is very hard to make money and most traders in this investment market are always at loss. They do not know how to make money and still because it has got the largest liquidity in the world, they keep on Read More

Trading the Forex options profitably is all about psychology

5 years ago forexsimulation 0
Everyone says trading is hard but what is the main reason for it to be hard? Foreign currency exchange trading cannot be hard if the trader knows to play the game. It’s in the trader’s hand to make trading harder or easier you cannot say that trading is difficult just because it is difficult for Read More

How to master the art of forex option trading

5 years ago forexsimulation 0
A Forex trading market is a place of complexity, ease, profit, loss, money, and traders. So the forex trading is not always complex the professional traders will trade in the better ways in a complex situation too. So we must analyze the situation to understand why and how they trade well in a complex situation Read More

Tips for forex options trading during low volatility

5 years ago forexsimulation 0
Trading can be extremely difficult if you don’t know how to trade the market properly. Those who are trading the financial instrument for a long period of time have undergone many difficult stages and after long perseverance, they have become a professional trader. The forex market is either trending or remains in a sideway. Those Read More

Top five deadly mistake in forex trading

5 years ago forexsimulation 0
There are many reasons why we cannot make more profit in the forex market. There are many people who are doing the trade year after year but they can’t make money from this market. They wonder why they can’t make money from the market. They know what market going to do next and what can Read More