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[…]
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[…]
Bollinger Bands indicator in Forex Trading is another powerful indicator used to determine price action. Bollinger Bands technique was introduced by John Bollinger in the decade of 1980 and so this is named as Bollinger Bands. John Bollinger took advantage of the volatility and the price action to frame a clear picture. This picture helps Read more about Bollinger Bands Indicator In Forex[…]