The foreign exchange market is fast-moving, ever-changing and highly competitive. It’s the world’s largest market with turnover of over $5 trillion per day. A trading platform is a core instrument which lets investors and traders open, manage and close market positions. Nowadays, [Read more...]
Moving Average is one of the most widely used tools in technical analysis. Although mostly traders have knowledge on what moving average is and how to use it but there are very few who actually know how to employ it for maximizing profits. Basically moving averages give an average price of the [Read more...]
Fluctuations in foreign exchange rates are generally in line with the direction of the moving average. The moving average cycle length is a very critical factor: when the MA short cycle sensitivity is high, the accuracy is relatively low, when the MA long cycle sensitivity is low, the stability [Read more...]
Swing traders may find 4H charts very useful as they help to determine price movements without paying too much attention to economic data. It would not be wise to ignore fundamentals, because in a way, political intervention in the markets occurs quite often. I would like to note that every 7 [Read more...]
There is a harmonic series in nature that describes algebraic curves or explains such phenomena as the horizon of the ocean or arcs of a sum. For many phenomena we can find Fibonacci series, running as follows: 1,1,2,3,5,8,13,21,34,55,…,etc The mathematical series is always associated [Read more...]
A price can be ascending or descending thus, moving in a zig zag. Also, we know that a start of a wave will determine a trend that will consolidate or not depending on a risk aversion. By drawing any two points we have a simple segment. We can see small movements between AB or CD […]
For years one of the most frequently posted “open” strategies for trading newbies and forum goers has been the moving average cross over strategy. Every strategy has its own unique facts and figures attached to it. Be it the parameters of the indicator itself or the time frame or [Read more...]