Understanding of basic world economic theory can help you in forex trading. The relative values of currencies around the world in relation to one another change because of a host of economic factors. Some of the factors include:
One of the most popular MACD signals has been signal line crossover. The MACD line' 9- day EMA is the signal line. It trails the MACD as a moving average of the indicator, making it easier to spot MACD turns. When the MACD rises and crosses above the...
Some of the traders think that forex is easy, while come think it is not so easy. According to me, forex is easy if you have all the knowledge about forex. If you know what should do and what should not do than forex is easy for you. Those who have...
First and most important is easy to use and without fees. It works on all devices and mobiles, presence of drawing tools and technical indicators. Life uploading and downloading market indicators and experts.
Micro lots are the smallest tradeable lot available to most brokers. A micro lot is a lot of 1000 units of your account funding currency. If your account is funded in U.S. dollars, this means that a micro lot is $1000 worth of the base currency you...
Forex sentiment analysis is the way toward distinguishing the positioning of traders, regardless of whether net long or net short, to impact your own trading choices the currency market. While sentiment analysis can be straightforwardly meant Forex,...
A lot of new traders have unrealistic expectations when they start trading. The goal for every trader in the first year of trading should not to lose money, which is not the case with the new traders. they think they can make 100 to 500% profit per...
When we say that an indicator is "repainting", we mean that its display on the past bars can change when new bars arrive. Such indicators look nice, but they are very misleading.
A trailing stop can be extraordinarily useful option if you are a whole trader. The key furthest reaches of the trailing stop is to build your leeway surge as the market moves, without the essential for you to mediate and change. The trailing stop...
The moving average convergence divergence is another trend-sensitive indicator that shows the relation of two shifting averages of a security price(MACD). The 26-period exponential moving means is determined by removal from the 12 periods EMA. This...