In Forex trading, a simple trading strategy can be created by using just some moving averages or MA’s along with some associated indicators. Moving Averages are generally used to identify support and resistance levels, as well as being used as a trend indicator. In this article, we will discuss how to formulate Forex trading strategies by using two of the most common Moving … [Read more...] about How to Use Moving Average Strategies in Forex Trading?
In forex trading, there are numerous indicators that are used, each with its set of advantages and disadvantages. Many of the most popularly used indicators, such as Bollinger Bands, stochastic, RSI and MACD, have been used individually by many traders. In a perfect market, traders can just rely on any one of these indicators and trade strictly by what the indicator tells them. … [Read more...] about Trading with Multiple Indicators
Oscillator indicators are some of the best forex indicators commonly used to time entry and exit points while trading in the capital markets. Technical analysts, as well as forex expert advisors, deploy these indicators to ascertain overbought and oversold market conditions. Oscillator indicators come with values that indicate two extreme levels. The Relative … [Read more...] about How To Use Oscillator Indicators For Higher Gains In Forex Trading
Scalping is a special type of trading strategy where the trader aims to make profits from small price changes after executing a trade. It is also a highly risky approach because one major loss can wipe out the previous gains, thus the need to exercise a high level of caution. The goal with scalping is thus to place as many winning trades as possible while keeping the losses at … [Read more...] about Gamma Scalping Guide: How to profit from this strategy and what are the risks
Defining position trading Position trading is a strategy that forex traders use to milk as much profit as possible from a long-term trend. Position traders hold a trade for extended periods of time, often months to years. This is the opposite of what day traders and scalpers do. In forex, there are two types of traders. The first type is the kind that is impatient and can … [Read more...] about Position Trading: Leveraging Long-Term Trends for Maximum Profits