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
Forex Trading Strategies
Relative Strength Index Trading Strategies
Relative Strength Index is one of the best forex indicators leveraged by traders in manual trading as well as automated forex trading. As a forex-charting tool, the indicator is often used to measure momentum magnitude in technical analysis of stocks, currencies, commodities, among other securities. Understanding RSI Indicator The RSI indicator stands out … [Read more...] about Relative Strength Index Trading Strategies
How to Choose an Appropriate Forex Strategy
Choosing the right forex strategy is crucial for earning profits from trading. There are many forex trading strategies that are used by beginners as well as experts, but none of them can be called the most useful one. The best strategy for a user depends solely on him and his trading technique. Traders often panic when they see a strategy is working for others, but not for … [Read more...] about How to Choose an Appropriate Forex Strategy
Five Types of Forex Strategies That Work
A complicated subject like foreign exchange (forex) requires the implementation of the right strategy or you may have to face a huge financial loss. It is important to maintain your discipline throughout the trading process. However, how can you ensure that the discipline will be enforced in all your trades? One of the best ways to resolve this issue is by having the right … [Read more...] about Five Types of Forex Strategies That Work
Easy Guide to Moving Average (MA) For Trade Entry And Risk Management In Forex
A simple moving average of SMA is the average price of a security over the past “N” number of periods. Older prices tend to fall out of the average as time passes, being replaced by newer ones. As a general rule, the shorter the period in the Moving Average, the more volatile it is, and the better it can track the price of the security. The length of your SMA will depend … [Read more...] about Easy Guide to Moving Average (MA) For Trade Entry And Risk Management In Forex
