Category Forex

The moving average indicator explained in simple terms

A moving average indicator is a key indicator that illustrates the direction of price movement. The mathematical price average of a certain time as indicated by candlestick quantity is used while processing moving averages. To determine the value of a…

Step Index Scalping Strategy (Hunting Strategy)

Step Index Scalping Strategy (Hunting Strategy)

If you use the full margin available to you in trading, you can literally double your account overnight or lose it all in a couple of hours. Traders with a lot of experience restrict their leverage and never take such…

Elliot Wave Theory Explained and how to use it

Elliot Wave Theory Explained and how to use it

Ralph Elliott was a theorist and a professional accountant. In the 1930s, he identified the fundamental social concepts and developed analytical methods. He suggested that market prices follow precise patterns, which are now known as Elliott waves, or simply waves.…

How to use the Parabolic SAR Indicator successfully

One of the indicators you can use to know the trend is the parabolic SAR. “Stop and reverse” is the literal definition of SAR. The indicator tracks the price and displays the point at which the trend changes direction. It…

How to trade Pullbacks – Full guide

How to trade Pullbacks - Full guide

Traders employ a variety of tools in order to conduct a detailed market analysis. A trend line is one of these tools. The incline on a sequential sequence of candlesticks is indicated by the line drawn on the chart. The…