Types of Volume Indicators that Traders can Use in their Technical Analysis

Volume indicators are playa crucial part of technical analysis but many traders ignore them. Apart from facilitating the confirmation of patterns and trends, the volume demonstrates the total stocks sold and bought in the market at a particular period. Traders can then leverage that data to assess other trader’s perceptions […]

Understanding Technical and Fundamental Analysis

When trading forex, you will come across the terms technical and fundamental analysis. Technical analysis is a trading style based on volume data or stock price. It is used to identify trading prospects and evaluate investment opportunities. It does this by assessing statistical trends obtained from trading activity. It uses […]

3 Shortcomings of Moving Averages that Every Beginner Forex Trader Should

3 Shortcomings of Moving Averages that Every Beginner Forex Trader Should

Moving averages are commonly used by beginner traders. This is because they are easy to calculate, understand, and incorporate into one’s trading strategy. And since they use actual forex market data, using them to analyze price movements tends to help in reliably predicting future price movements. However, as a beginner, […]