‘Trend is your friend’ is an important money-making hack in the capital markets. Trend trading is a popular trading strategy, as it is simple to read and understand. In addition, trend trading strategies have proved to be highly effective in generating significant returns while protecting traders from the impact of wild swings in the … [Read more...] about Building a Trend-Following Strategy In 3 Easy Steps
How To Use Technical Indicators To Develop Forex Strategies
Indicators are at the heart of technical analysis in the forex market, as they allow traders as well as forex robots to analyze past and anticipated future price trends. The best forex indicators enhance the identification of trading opportunities as well as entry and exit points. Trading strategies such as scalping, trend trading or swing trading rely on technical … [Read more...] about How To Use Technical Indicators To Develop Forex Strategies
Top 6 Fundamental Indicators To Watch In Forex For Better Trading
Fundamental analysis is a holistic strategy whereby traders and automated trading systems look at the forex market by analyzing economic, social, and geopolitical news. This form of analysis entails assessing the economic well-being of a country that many at times, influence the strength of the native currency. Conversely, traders and forex robots assess … [Read more...] about Top 6 Fundamental Indicators To Watch In Forex For Better Trading
How to Trade Using the Average Directional Movement Index in Forex
The Average Directional Movement Index, also known as ADX is an unusual trend indicator to measure trends. Having roots back in 1978, the ADX was first applied at a time when currency markets didn’t exist as it does today. Back then, only the stock market speculators had the interest to trade with ADX. In the past currency markets, institutional players dominated the trading … [Read more...] about How to Trade Using the Average Directional Movement Index in Forex
Arbitrage Trading Guide
Arbitrage is a trading strategy whereby traders, as well as automated trading systems, seek to benefit from discrepancies in the pricing of identical forex trading instruments. The discrepancies occur when a security such as gold, Twitter stock, or EUR/USD is being offered at a different price point in multiple markets. Amidst the discrepancies, a trader or a forex … [Read more...] about Arbitrage Trading Guide