Channels are lines that define the upper resistance and the lower support levels in a Forex chart. Traders often use these lines to identify when an asset price is overbought or oversold. As such,...
Category: Forex strategy
Awesome Oscillator and MACD Strategy! – Awesome Oscillator vs. MACD
As we know from previous posts, one of the best MACD indicators for MT4 is two lines and one histogram. This indicator better represents the trend change and enables traders to understand the cycles...
Imagine navigating a dense forest with no compass, map, signs, or clear pathways. That's what it's like trading in the often volatile financial markets without technical indicators. But what if there...
This article will explain the entire technique for trading that takes only 4 hours a week from the investor’s schedule, known as the Forex 4 hours chart. This strategy can be used to target long...
How to Start Forex Trading? – 12 Steps to Master Forex Trading
Making a life decision to become a forex trader is not easy, as it requires dedication, discipline, and the ability to make quick, informed decisions in a fast-paced environment. Forex traders...
Forex trading can be profitable if you properly understand the market, have a good trading strategy, and manage your risk effectively. A critical aspect of trading strategy is trading close design....
