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
Technical Analysis
Best Forex Indicators That Actually Work
Forex Traders who use technical analysis as part of their trading method are already aware of the importance of technical indicators in the entire trading process. With a multitude of complicated and multipurpose indicators available, traders can get confused when choosing a set for their trading purposes. Naturally, a common question encountered is: What are the best … [Read more...] about Best Forex Indicators That Actually Work
Best Technical Indicators to Use in Automated Forex Trading
There is an increasing trend where traders are relying more on automated trading than manual activities. Given the convenience that automation comes with, there is no doubt that the trend will deepen further. However, the automation of trading activities is not easy to achieve without enough knowledge about technical indicators. Technical indicators form the backbone of any … [Read more...] about Best Technical Indicators to Use in Automated Forex Trading
Forex Forecast Poll Guide
Imagine that you can know what experts, forex brokers, and big banks think about the possible directions of pairs in the currency markets? Interesting right? Today we in the Forex Traders Guide are going to talk about the Forex forecast poll, a sentiment tool that can show you what the market's feelings are. The forecast poll is one of the most interesting trading tools to … [Read more...] about Forex Forecast Poll Guide
Bollinger Bands Explained
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
