FXLORDS Increase Your Profits
In technical analysis of securities trading, the Stochastic Oscillator is a momentum indicator that uses support and resistance levels. The term stochastic refers to the location of a current price …
Read More »Renko Charts
Renko charts origins can be traced back to Japan, as everything else that works. They and were first introduced to the West by Steve Nison in his book “Beyond Candlesticks”. …
Read More »Pivot Points – Support and Resistance Lines (PP)
The Pivot Points indicator refers to the average price and the possible support and resistance levels within a certain period of time. We get the current values of the indicator …
Read More »Bollinger Bands ® (BB)
Bollinger Bands are somehow similar to envelopes. The only difference is that the boundaries of the envelopes remain on a fixed percentage of the moving average, whereas the Bollinger Bands …
Read More »Scalper versus Trend Follower
There are many types of Forex trader but the two which are most divergent are the scalper and the trend follower. The trend follower will spend hours, days or even …
Read More »Social Forex Trading
What role does social media play in your life? If you’re the average Joe it probably lets you tell your friends what you’ve been up to, allows you to post …
Read More »The Average True Range (ATR)
The Average true range (ATR) is a technical analysis volatility indicator originally developed to simply measure the degree of price volatility. The indicator does not provide an indication of price …
Read More »Fibonacci Ratios in Forex Trading
In technical analysis for Forex trading, lines and various geometric shapes plotted on price charts and graphs are called Line Studies. Fibonacci Ratios, derived from the Fibonacci Series are considered the most basic technical analysis tool in Forex trading.
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