The foreign exchange market remains the most challenging yet most exciting and profitable financial market. For starters, navigating the labyrinth of information and strategies in the market could be exasperating. Fortunately, experts have developed tools such as indicators with which forex market navigation is easier. The Keltner channel is one such indicator. What is a … [Read more...] about Guide to Using the Keltner Channel Indicator in Forex Trading
Technical Analysis
Leading and Lagging Indicators In Forex Technical Analysis: Step-by-Step Guide
Indicators are at the heart of technical analysis in the capital markets. The best forex indicators are broadly classified into two, leading and lagging. Technical traders among other forex trading instruments rely on these indicators to make informed decisions when it comes to entry and exit points in the market. Leading Indicators Leading … [Read more...] about Leading and Lagging Indicators In Forex Technical Analysis: Step-by-Step Guide
How To Use Technical Indicators To Develop Forex Strategies
Indicators are at the heart of technical analysis in the forex market, as they allow traders as well as forex robots to analyze past and anticipated future price trends. The best forex indicators enhance the identification of trading opportunities as well as entry and exit points. Trading strategies such as scalping, trend trading or swing trading rely on technical … [Read more...] about How To Use Technical Indicators To Develop Forex Strategies
How to Trade Using the Average Directional Movement Index in Forex
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
Trading with Multiple Indicators
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
