Forex Technical Indicators -Beginners' Guide ④-
Momentum Oscillator Indicators - Relative Strength Index (RSI) RSI work in a similar way to the stochastics they attempt to pick reversals in an existing trend. When the RSI is above 80, it is indicating an overbought market, while a rea...
Forex Technical Indicators -Beginners' Guide ③-
Trend Indicators - Moving Averages As described above a moving average indicator is a trend indicator, it smoothes out the chart to enable a clearer view of the existence of a trend. There are three types of moving averages the simple, w...
Forex Technical Indicators -Beginners' Guide ②-
Technical Indicators – Types As stated above technical indicators are a manipulation of the historical and current data to help the analyst arrive at a trend, entry and exit points in a more efficient manner. There are many types of indi...
Forex Technical Indicators -Beginners' Guide ①-
Introduction to Technical Analysis When it comes to trading in the Forex market, there are two main schools of thought as to when, what and how to trade – Technical and Fundamental Analysis. (Refer to Fundamental Analysis) The following...
Just some Basic Tips of Forex Technical Analysis
Chart the Trends and Range Bound Markets The most important aspect of technical analysis is the goal, which always remains the same. Locate the trend or range bound instrument and pick the entry and exit points. All the indicators and ch...
How to become a Successful FX Trader?
There may be many things to do to become one successful trader in Forex Market. Here are some tips for you. Use a Stop Loss Prior to entering into any trade, make a decision on the maximum amount you are willing to lose on this particul...
Advantages of Forex Trading ②
FOREX - Leverage One of the main advantages to trading in the foreign exchange market is leverage. Leverage is the ability to trade in amounts that are higher than your total deposit held. For instance you may have a deposit of $5,000 an...
Advantages of Forex Trading ①
FOREX Advantages There is a reason why the largest financial market in the world is the foreign exchange market, why the world chooses to trade in the FX market more than any other market. The following are a list of some of those reason...
Introduction to Forex ⑧ -Swaps-
Rollovers or Swaps Before we discuss this topic, it is necessary to say that Forex Place 4xp performs all the rollovers automatically, and there is no need for trader intervention. However for an understanding of the mechanisms of the ro...
Introduction to Forex ⑦ -Order Types-
Orders: Stops and Limits In the Forex market traders are able to enter a trade at the current spot rate (also known as a market order where you Sell at the Bid or Buy at the Ask), or alternatively at a future rate – these are known as Or...
