In Forex Trading, technical indicators are the main tool used by traders to forecast price changes in the foreign currency market. Traders usually can make important decisions using indicators, when it comes to market entry and exit. One such indicator is the Moving Average Convergence Divergence, a popularly used indicator by traders. Moving Average Convergence … [Read more...] about An Insight into the Moving Average Convergence Divergence Indicator
An Insight into Forex Grid Style Trading Strategy
At present, Forex grid style trading is one of the most popular trading strategies among traders because of its easy visualisation. However, you need to know that it does not ensure profits every time. Like any other system, if you want to be successful using the grid system, then you need to learn to execute it properly. To use this strategy, it is important to understand how … [Read more...] about An Insight into Forex Grid Style Trading Strategy
What Is Currency Hedging: Three Strategies Amidst Covid-19 Pandemic
Never before has hedging gained prominence than at a time when the coronavirus pandemic appears to be triggering extreme levels of volatility in the capital markets. Retail traders, as well as institutional traders, have had to engage hedging strategies in a bid to protect their portfolios, given the wild swings in the markets. Whether in automated trading or manual … [Read more...] about What Is Currency Hedging: Three Strategies Amidst Covid-19 Pandemic
Position Trading vs. Swing Trading: What You Need To Know
Traders, as well as forex robots, deploy a wide array of strategies to trade and squeeze profits from the capital markets. Position trading and swing trading are some of the most popular trading strategies that allow traders and Forex Expert Advisors to take advantage of various scenarios within the broader financial markets. Understanding Swing trading Swing trading is a … [Read more...] about Position Trading vs. Swing Trading: What You Need To Know
Ichimoku Indicator Guide: How to Use Ichimoku In Technical Analysis
Ichimoku Indicator Components Ichimoku Indicator is one of the best forex indicators for automated trading. The algorithmic FX trading indicator is best known for providing reliable information about support and resistance levels. Also, it is also used to ascertain trend direction and momentum when analyzing chart patterns in the market. The … [Read more...] about Ichimoku Indicator Guide: How to Use Ichimoku In Technical Analysis
