Category Forex

The Blockchain Technology In Africa Explained

The Blockchain Technology In Africa Explained

The blockchain is a decentralized ledger that keeps track of certain information. The blockchain is a ledger that is organized as a chain of blocks, each of which holds a specific amount of records. The blocks are cryptographically connected together.…

What is Automated Forex trading

What is Automated Forex trading

Nobody can disagree that the twenty-first century is a digital age. People may even express dissatisfaction with the current state of affairs. The world around us has been shaped by technological advancements. More innovations occurred in the twenty-first century than…

What is the MACD Indicator?

What is the MACD Indicator

Gerald Appel devised the MACD, or Moving Average Convergence Divergence, indicator, which is a mix of a histogram and a signal line. Since he first introduced the MACD to the financial markets, it has grown to become one of the…

What are the Bollinger Bands?

What are the Bollinger Bands

The Bollinger Bands indicator is made up of two lines that are put at an equal distance above and below a central moving average line, based on volatility. The Bollinger Bands were created by John Bollinger in the 1980s, and…

What is the Relative Strength Index (RSI)?

What is the Relative Strength Index (RSI)

J. Welles Wilder, a well-known technical analysis pioneer, established the RSI (Relative Strength Index). In 1978, Wilder published the first information on the bounded oscillator indicator in his book New Concepts in Technical Trading Systems, which is a must-have for…

The Stochastic Oscillator Explained

The Stochastic Oscillator Explained

The Stochastics, or Stochastic Oscillator as it is more officially known, was first established in the 1950s by George C. Lane and is suggested for inclusion in any forex directory of essential technical indicators. Furthermore, any technical analysis method that…

Types of forex trading strategies

Types of forex trading strategies

Trading is sometimes connected with the concept of “easy money,” as all you need is a computer (laptop, tablet, or smartphone) and a stable internet connection. However, before you begin trading with an online broker like Deriv, you must first…

How to Properly Use Stop-loss Orders

How to Properly Use Stop-loss Orders

The time-honored market proverb advises traders to “cut losses short” in order to avoid taking further losses. As a result, most forex traders with online trading accounts and using online forex brokers will choose to minimize their risk in some…