Today, traders are looking for smart trading strategies to earn large profits on a regular basis. Every Forex trader must place a high emphasis on market trends, and the price channel technique provides an easy and effective way to analyze the price behavior in Forex. While trading in Forex, trend lines do not often tell you everything you need to know. Channel … [Read more...] about Trade a Channel using These Four Simple Yet Effective Ways
Technical Analysis
How to Use the MACD Indicator for Forex Trends?
In the 1970s, Gerard Appel, the illustrious founder of the New York-based asset management company Signalert, invented MACD. Even today, technical analysts swear by this indicator to study trends in trading. In trading, predicting trends is the most important thing, as it helps you to make a substantial amount of money. Learn how to use this tool for identifying Forex … [Read more...] about How to Use the MACD Indicator for Forex Trends?
Accumulative Swing Index (ASI)
There are numerous indicators used by traders to figure out points of entry/exit for a trade. One such indicator is the Accumulative Swing Index. It is a significant tool among the various trendline indicators that allow traders to identify signals for buying and selling of currencies on the market. In this article, we take a look at this tool/indicator that will help you do … [Read more...] about Accumulative Swing Index (ASI)
How to Trade Gold as Technician
Gold as a commodity has always held its value for centuries. However, in recent years we can see the trader’s interest in trading gold decreasing. For instance, from the early 1980s right up till the 2000s, we have seen very little interest in trading this safe-haven asset in major stock markets of the world. However, there are still lots of profits to be gained if you can … [Read more...] about How to Trade Gold as Technician
Volatility Indicators to Use in Forex Trading
Volatility is an important element when trading in financial markets, as it reflects the price variation of the market over a particular period of time. Volatility indicators can be used by traders to show the magnitude and size of the price fluctuations of any particular instrument. Volatility can change in an instant in the currency market, depending on a number of factors. … [Read more...] about Volatility Indicators to Use in Forex Trading
