Q1. What does Moving Average represents? A. Average of opening prices of any currency for the X periods B. Average of Closing prices of any currency for the X periods C. Average of High and Low prices of any currency for the X periods D. None of these Q2. For which period the traders and Read more about Quiz 6[…]
This step deals with the study of Moving Average and its types, types of oscillators, overbought and oversold conditions. This step discusses the concept and methods of how to benefit from the concept of Moving Average, Oscillators, and Overbought and Oversold conditions. Moving Averages Moving Average is the simple concept used to forecast future prices Read more about Review of Step Six Forex Lesson[…]
Overbought Oversold Indicators In Forex Trading will helps you a lot to make money in FX Trading, There are many methods used by the Forex traders to trade in the Foreign exchange market and one of these methods is to keep an eye on the Oversold and Overbought conditions of the market. Overbought is the Read more about Overbought Oversold Indicators In Forex Trading[…]
An Oscillator works as a Forex Indicator that moves either between the extreme points of Overbought and Oversold areas or fluctuates below and above a center line or point. Many different Oscillators are there to analyze price movement and identifying the oversold and overbought levels. These oscillators can be broadly categorized into two main types. Read more about Oscillators Forex Trading Indicator Types[…]
Exponential Moving Average Or EMA Forex Indicator explained for you, EMA that is an abbreviated form of Exponential Moving Average is the Moving Average that is similar to the Simple Moving Average (SMA). Exponential Moving Average is used as an indicator to predict the future trend of prices. The reaction of EMA is faster to Read more about Exponential Moving Average Or EMA Forex Indicator[…]
Simple Moving Average Or SMA Forex Indicator explained for you, Simple Moving Average, the meaning of this term is as simple as it sounds. SMA is the abbreviated form of Simple Moving Average. In simple words, it is calculated by taking the closing prices of any currency of the last “X” periods and adding all Read more about Simple Moving Average Or SMA Forex Indicator[…]
Moving Averages Indicator Definition In Forex Trading explained for you, Moving averages is the widely accepted financial indicator used by the traders and investors for charting. Like every other indicator, Moving Average is also use to forecast future prices. These are easy to understand and plot on a chart. It is a simple way to Read more about Moving Averages Indicator Definition In Forex Trading[…]