Developed in 1980, the Bollinger Bands are one of the most popular tools for Forex traders around the world. Such as popular tool that is present in almost every platform offered by forex brokers as one of the default tools included in the charts. Today, in ForexTraders'Guide, we are going to talk about the bands of Bollinger and how it can be used to trade in Forex. Keep … [Read more...] about Bollinger Bands Explained
Technical Analysis
Pivot Points: How to trade Forex Using PP
Have you ever heard about pivot points? I am pretty sure that yes, you have heard about PPs, but do you know what pivot points are? Knowing about pivot point is very important in your trading life because it is a tool used by many traders in technical analysis to identify levels and market movements. It is also the base for many forex strategies. Keep reading, and you are … [Read more...] about Pivot Points: How to trade Forex Using PP
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
RSI Indicator Guide
Have you ever wondered how you can measure the weakness or strength of a Forex pair? Well, let me introduce you to the RSI study. The Relative Strength Index is another popular technical indicator in the Forex industry which is well followed for both, long and short term investors. Knowing the strength or the weakness of a Forex pair could be the difference between starting … [Read more...] about RSI Indicator Guide
MACD Indicator Guide
In the Forex market, trends are everything, either you are a follower or a disrupter. So, many traders use the MACD indicator to identify direction and strength in movements. Still, what is MACD and how you can use it to make money in Forex? Keep reading and you will discover one of the most popular indicators not only in Forex but also in the investment industry. It works … [Read more...] about MACD Indicator Guide
