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...