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 […]
FX Trading Strategies
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 […]
Being a novice trader, it is very common for traders to think about short income from the trades. But not all of traders can manage the right performance. The people who have a good mental condition to deal with business and be okay can be a short term trader. Most of the novice retail traders […]
Trading can be an extremely difficult task if you don’t know how to trade the market with a great level of precision. Most of the retail traders in the financial industry fail to make money in online trading since they focus too much on their potential profit. But if you truly want to become a […]
There are many different forms of trading the financial instrument in the world. You can either trade the forex market or option industry from your trading platform to make a decent profit. But when it comes to real life trading all the new traders tends to create a heavy mess in their early part of […]
Forex trading is very much popular in today’s world due to its lucrative potential. Traders can easily make a good amount money by trading the forex market. But in reality instead of earning money from this forex market almost 95 % of the traders are losing money. Only 5 % of the traders are making […]
Volume is nothing but the potential of the buy / sell trades traded on the market. Volume based technical analysis is considered of much importance in Forex. Traders strongly correlate the price movement of the currency pairs to the volume in which they get traded. Therefore, volume based technical indicators have been formed, which help […]
Forex trading is technical stuff. It is not within the ambit of laymen. For this purpose, it is required to work with the help of technical analysis tools and forex trading strategies. Above par trading strategies not only make you free of much of your workload but also help you in making the right kind […]
Leverage is a very crucial part of forex trading. Forex traders like to trade in high volumes for greater profits. But this does not mean that they always have the right kind of money. How to gain a good amount for smallest fluctuations then? This is where margin money and leveraging comes into the picture.
Sometimes a trader might end up keeping losing positions that put him on the brink of a negative forex account. To tide over this crisis, sometimes all his open positions are closed. It prevents him from accruing any negative balance and subsequent forex debt. Because it is a call at the margins, it is called […]