Exness Review 2023
An indepth Exness review based on live trading experience. Exness by far is the best forex broker to trade forex. See for yourself
How To Choose A Forex Broker – 7 Things To Look For
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How to Identify Promising Currency Pairs for Your Forex Trading Strategy
When you begin trading foreign exchange, one of the first things you’ll have to do is decide which currency pairs you’ll trade. There are so many different currency pairs out there, and all of them can be traded as part of a forex strategy. If you’re just starting out with your forex trading strategy, though, … Read more
Double/Multiple Tops and Bottoms Strategy
Double/multiple tops are characterized by resistance points, while double/multiple bottoms are characterized by support points. These are some of the most used chart patterns. These chart patterns can be used as scalping strategies as they frequently appear and yield quick results. As we can see in the image, a double top occurs when the price … Read more
Divergence Strategy
Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, like an oscillator, or contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. Divergence can be used as a scalping strategy as … Read more
Bollinger Bands Strategy
A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average (SMA) of a security’s price, which can be adjusted to user preferences. In the above chart, we see the Bollinger bands. This indicator was plotted using a 20-period simple moving average, which … Read more
High-frequency Trading
High-frequency trading or high-frequency forex is a trading technique that uses algorithms to execute many trades in a short period. The algorithms, commonly called bots, follow specific rules stipulated in the code and execute a trade once all the rules are met. The algorithm can be set to trade several different currencies simultaneously, which a … Read more
Double/Multiple Tops and Bottoms Strategy
Double/multiple tops are characterized by resistance points while double/multiple bottoms are characterized by support points. These are some of the most used chart patterns.These chart patterns can be used as scalping strategies as they appear frequently and yield quick results. As we can see in the image, double top occurs when the price reaches a … Read more
Moving Average Crossover Strategy
The moving average crossover strategy is a scalping strategy which involves the crossing of two moving averages. Before we get into the strategy, lets us understand what moving averages are with respect to trading.The moving average (MA) is a simple technical analysis tool that smooths out price data by creating a constantly updated average price. The … Read more
Moving Average Convergence-Divergence (MACD) Strategy
Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. Traders use the MACD to identify when bullish or bearish momentum is high in order to identify entry and exit points for trades.The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the … Read more
Divergence Strategy
Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. Divergence can be used as a … Read more
Bollinger Bands Scalping Strategy
A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average (SMA) of a security’s price, but which can be adjusted to user preferences. In the above chart we see the bollinger bands. This indicator was plotted using a 20 period simple moving … Read more