Technical Analysis

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

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

Developed by famous technician J.Welles Wilder Jr., the Parabolic SAR, also known as the parabolic stop and reverse, is a popularly used indicator. It is mainly used by traders for determining the short-term momentum of any given asset. It can easily be applied to any trading strategy, enabling the trader in determining where stop orders should be placed. The calculations … [Read more...] about How to Use Parabolic SAR in Forex Trading