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When the indicator is under the zero line, there is likely to be delivered a buy signal. You should prepare the trade panel for opening a position. 67% of retail investor accounts lose money when trading CFDs with this provider. When the indicator line is in between 0 and -20 it indicates an overbought market. […]
Use this stock analysis app to leverage real-time data and browser-based charts to do your research anywhere. TradingView works well for traders looking to gain an edge on the markets, whether the stock market, forex markets,crypto, futures or more. While there are free stock charting apps, which we’ll cover below, usually the best options involve […]
Swing and position traders are less affected by the time of day they place their trades, since their overall profit-target and trading horizon is much larger compared to that of scalpers and day traders. That is why many traders prefer to close their emerging market currency by Friday. In this way, they can reduce the […]
Generally, this is not a good idea if the trader simply wants to avoid booking a loss on a bad trade. Technical analysis can be more appropriate for day trading. That’s because it can help a trader to identify the short-term trading patterns and trends that are essential for day trading. But, with experience, your […]
Live streams Tune into daily live streams with expert traders and transform your trading skills. The simplest currency strength meter, however, does not require any complicated algorithms and formulae. If the correlation of a pair of currencies is +100, it indicates that the market movement of both currencies will be in the same direction. If […]
