Category Archives: Economy

3 Volume Indicators and Their Relevance to Forex Trading

The trend of a forex currency pair depends on the volume traded. Most of the unsuccessful forex traders make the mistake of focusing massively on trend and momentum indicators while ignoring volume indicators. To have consistent wins, you should balance the analysis of the four technical indicators. These are trend, momentum, volatility and volume indicators. […]

Why You Should Use Moving Averages in Forex Trading

Forex trading is very volatile hence the need of using sophisticated trading tools. One of the tools that will help you to navigate the forex market is the moving averages. Moving average is an oscillator parameter that shows the current trends in the forex market. Moving average can be used in a non-trending market to […]

Forex Moving Average At A Glance

Moving averages are technical forex indicators that provide vast trading information based on trading trend analysis and longevity. Moving averages do not necessarily predict the direction of trading flow but they help debunk crucial information by providing forex interdependence between the different currency pairs. They are statistically analyzed and generated which explains how they derive […]

How To Effectively Use Stochastic Indicator In Forex Trading

A stochastic indicator is a forex trading oscillator that is crucially used in measuring the potential trend reversals of currency trade pairs. Stochastic indicator achieves currency trade pairs reversal measurements by comparing the momentum values of the trading pairs through the closing price and trade range over a set period. What Stochastic Indicator Reveals To […]