Forex trading Tips and Tricks

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Were you struggling finding reliable forex trading tips? Find all tips and tricks you need to succeed while trading forex.

18 05, 2021

How to Use a Moving Average


Let's look at what the Moving Average is and how can we use it in trading? What is Moving Average Moving Average or MA is one of the most used indicators in technical analysis. It is a way to smooth out market noise. By "moving average", we mean that you take the average closing price of a currency pair for the last number of periods.   By calculating the moving average, the impact of random, short-term fluctuations on the price of a currency pair, metal, index (trading instrument) for a certain period of time is reduced. With an understanding of the moving average, any trader can build an easy and reliable forex strategy or add them to an existing one. They should certainly be present in any strategy. After reviewing the general things about Moving average, it is good to move on [...]

How to Use a Moving Average2021-05-21T11:06:14+00:00
7 02, 2021

Trend channels in forex.Top 3 trend channels and how to trade them?


In this lesson we will look at the following: What is a trend channel, how it works, and how to trade trend channels? How to draw trend channels. What are the different types of trend channels? How to analyze the market with trend channels. Trend channels are one of the most commonly used tools in technical analysis. They are used successfully by many forex traders but before you start using them successfully, first we will have to learn them and understand what a trend channel is and how we can apply it in technical analysis. There are three types of channels used in forex trading., Downtrend channel (the price falls), an uptrend channel (the price rises), and a side trend channel (when the market is consolidating). These are the three types of price channels that are used when analyzing a [...]

Trend channels in forex.Top 3 trend channels and how to trade them?2021-02-07T14:55:02+00:00
7 02, 2021

How to Trade Support and Resistance.Top 2 ways to trade them.


We looked at what support and resistance are now it's time to see how to trade them? The time has come to apply what we have learned so far in the previous article. There is no way we can say that support and resistance are more important than divergences or certain indicators. We need to understand that there is no such thing as the most important thing in trading and we need as many indications in our favor in order to open a trade. Still, we must know that support and resistance are very powerful tools. They can help us both to open a position and to close it. Later in the article, we will give you illustrative examples of everything we have talked about so far. We will try in the simplest and most understandable way to show you [...]

How to Trade Support and Resistance.Top 2 ways to trade them.2021-02-07T14:56:32+00:00
30 07, 2020

Trading Gold Using Triangle Formation


Trading gold as per triangle formation. Take a look at our charts and find how to trade this forex chart formation. As we can see from the picture, we are looking at the chart of the gold. What we can see is that in the first place we have an uptrend. We have said more than once, the most reliable positions are the one following the trend. Trading Gold Using Triangle We see that the price is trying to break the previous high, but without any success. At this point, we can only wait to see what the graph will show us. We can draw a trend line on the tops and one on the last bottoms. Here we come to the formation itself. Here we want to give you some information about the triangle figure itself. As we see [...]

Trading Gold Using Triangle Formation2021-01-30T16:09:11+00:00
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