Latest Articles
Technical Analysis vs. Fundamental Analysis
For any aspiring forex trader, one of the first things to embrace is a trading strategy. The strategy you choose to follow should comply with your trading capital, trading style, goals, risk aversion, and method to analyze the money market. Forex traders use two broad approaches to analyze the market.
Identifying the Key Reason behind the Losing Streak
A losing streak is not a rare thing in Forex market. Every trader countenances this. But, investors should try to take the steps which will help them to avoid the losing streak. Without countenancing the winning streak, it is not possible to become successful. You have seen that many investors are always profitable. This is […]
Bollinger Bands and Associated Terms
Bollinger bands are statistical chart envelopes set at standard deviation on top and below a simple moving average used to characterize volatility and prices of a commodity over time. Bollinger bands use period and standard deviation as parameters. The value of the period is 20 and that of the standard deviation is 2 but you […]
Ways to Avoid Losing Money in the Forex Trading Business
When people delve into the business world, they see themselves growing and gaining out of it. It is always about the profits and never about losses in a business-oriented person. However, as much as a person does not want to imagine themselves losing, they happen to at some point in their business venture. Businesses will […]
3 Drawbacks of Forex Technical Indicators and How to Solve Them
Are you stranded on whether you should use technical indicators in 2021? This article will help you decide. Reading this article will impart you with the knowledge to win from forex trading effortlessly. It starts by describing the challenges you will likely experience while trying to understand and apply technical indicators. You will then find […]
Understanding the Stochastic Technical Oscillator in Forex Trading
A stochastic indicator is an excellent tool for determining oversold and overbought conditions within a particular period. Read on to understand more about this oscillator. The stochastic oscillator comes with two lines that are: The indicator that is defined by %K A signal line that indicates the 3-day SMA (simple moving average) of %K, also […]
Ways on how to Make Money in Forex Without Actually Trading
You must have seen forex trading so many times, perhaps as you browse the internet. Is it a real thing? Are there people who trade forex? How can you make money through forex trading? These are some of the many questions that linger in one’s mind when one thinks of forex trading. They could be […]
What Are the Pros and Cons of ETFs?
There are different sorts of exchange accounts provided by forex traders to their clients. Quite possibly the most significant is an electronically traded fund (ETF). An ETF is a sort of security that includes an assortment of assurance, for example, stocks. While they can progress in quite a few business sectors or utilize a few […]
Using Bollinger Bands and the MACD Strategy
Bollinger Bands (BB) provide useful signals during technical trades. If used with the Moving Average Convergence Divergence (MACD) indicator, traders get invaluable insight into the momentum and volatility in the forex market. The Bollinger Band and MACD Combo In this combination, traders use both Bollinger Bands and MACD for supporting trade set ups. Bollinger Bands […]
Top 4 Bollinger Bands Trading Strategies in Forex
Bollinger Band is a tool used by technical analyzers, and defined by several trendlines that are plotted on a standard positive and negative deviation, away from an SMA (Simple Moving Average) of the price of securities, but is adjustable to a user’s preference. John Bollinger, a technical trader developed and patented the Bollinger Bands. The […]