Chart is a graphic expression of everything that is happening at the Forex exchange market. We often see them in the example articles, news updates, TV commentaries and so on. For new traders charts do not make much sense at all, while experienced market participants often admit to seeing a certain beauty in the price movement process. Today we are going to talk about how to read Forex charts and how to use them in your trading process.
An additional source of income is always a great idea. And what is a better way to earn some extra cash than by trading currency online. The only question is: how to become a Forex trader? Today we are going to talk about the steps you’ll need to take to start trading on the foreign exchange market.
Some technical indicators are based on simple math and serve a very specific purpose. And some are built on complex market theories and provide a foundation for numerous trading strategies. One of these is a Bollinger Bands indicator, commonly abbreviated as BB. Today we are going to discuss what are Bollinger Bands and how to use them for profitable Forex trading. We will talk about the following: What are Bollinger Bands What is the Bollinger Bands formula How to read Bollinger Bands indicator Effective Bollinger Bands trading...
Logically, the question of the possibility of earning on the Forex market arises very often, especially among beginners. You can't just invest money and get income from it on the international currency market. To understand how to make money on Forex, you need to learn to analyze markets first. There are two main methods - technical and fundamental. By choosing one of them (or both), you can get closer to your cherished dream. Trading is not as easy as it may seem at first sight. Forex quotes are constantly changing. Trend changes...
Nowadays, the number of people who are making profits trading Forex is growing, and it is due to how anyone can now become a Forex trader that is allowing more and more people to get started to take advantage of the fluctuations in the value of all currencies that the reason behind the growth in currency traders. Just think that many years ago the only way that you would have the opportunity of trading Forex would be to have access to a large amount of capital which would then see you having to purchase large amounts of one countries...
