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Comparing Renko Charts To Candlestick Charts
Comparing Renko charts to candlesticks – How different are they?
Technical analysis as we know it today, has come a long way. Most of the books on technical analysis often tend ...
How to Choose the Best Automated Forex Trading Strategies
Using automated forex trading strategies takes away the emotions that come with manual trading for effective results. Automation uses dedicated programs that trade on behalf of humans ...
Using Percentages as a Retracement Entry Strategy in Forex Trading
Price action in the financial markets as shown on the charts do not fall into straight line graphs. Rather, the movements surge and ebb like the waves of an ocean, with the highs and ...
What Type of Trading Patterns Occur in Forex Trading?
There are several types of trading patterns. Patterns are observable price action that can be used to determine the future direction of a currency pair.
Patterns can help ...
Support and Resistance in Forex Trading
Support and resistance are undoubtedly one of the most used concepts in forex trading. Particularly, technical analysis in forex trading is centered on identifying support and resistance ...
MACD in Forex Trading
MACD (pronounced “ MAC – dee“ or “M-A-C-D“) stands for Moving Average Convergence Divergence.
In forex trading, this popular and versatile tool is used for technical ...
How to Combine the Three Types of Forex Market Analysis
When trading forex, commodities, stocks and even cryptocurrencies, it is important to be able to analyze the market in order to identify trades that have high profit-making probability.
In ...
Trading Strategies for the Cable (GBP/USD)
It is estimated that the global value of daily forex trading activity amounts to $5 trillion+.
This figure dwarfs the GDP of many countries around the world, yet this volume of currency ...
How to Use Indicators on MetaTrader
How do you make a killing in the forex market? Simple: by knowing when to enter and exit a trade. Everything else is just details.
The forex market is very exciting. It’s a 24-hour ...
Alligator and Fractals Trading Strategy
Combining the Alligator indicator and the Fractals indicator is a powerful way of identifying profitable trading strategies in the market.
If used simultaneously, the two indicators ...
