Forex

Forex books for everybody

Forex books for everybody

Mankind has been engaged in stock trading for several centuries, as there is historical evidence Dating back to the 16th century. Thanks to printed and electronic sources of information transmission, modern stock market participants have the opportunity to develop by studying the accumulated experience of generations. Trading is a science …

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The Relative Strength Index (RSI)

Amongst the most well-known indicators in the trading industry, the Relative Strength Index or simply RSI, informs of price movement strength. This short feature details how the RSI works, how the information that it gives should be understood, and how one should go about using it in trading. The RSI …

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What Is a Bollinger Band?

What Is a Bollinger Band?

The Bollinger bands is a popular tool in forex trading that is applied on the chart to assess the price movement. It is labelled as a trend-following tool that uses three lines: centerline, upper line, and lower line. These bands record the price deviation from the security’s true value.  When …

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What is the Rate of Change (ROC)?

What is the Rate of Change (ROC)?

May be called Momentum, the Rate of Change (ROC) is a pure momentum oscillator.  What the ROC calculation does is compare the present price to the previous prices seen through “n” periods. Easily put, the ROC calculates the average rate of change in percentage in price between specific periods. From …

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What is Fibonacci retracement?

What is Fibonacci retracement?

Believe it or not, the Fibonacci sequence has its place in Forex analysis.  Here, we will delve into how it works and how to use to use this tool when predicting stock prices.  Fibonacci retracement definition Fibonacci retracement is a term popularly used in technical analysis and is usually available …

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