Category: Forex Trade

The Fibonacci retracement indicator is a technical analysis tool that is commonly used in forex trading to identify potential levels of support and resistance. It is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction. The Fibonacci retracement levels […]

The Moving Average Convergence Divergence (MACD) is a widely used technical analysis indicator in forex trading that helps traders determine the trend and momentum of an asset’s price action. It is a trend-following momentum indicator that calculates the difference between a short-term and a long-term moving average, and plots the result as a histogram along […]

The Stochastic Oscillator is a widely used technical analysis indicator in forex trading that helps traders determine the momentum of an asset’s price action. It is a momentum oscillator that compares an asset’s closing price to its price range over a specified number of periods. The Stochastic Oscillator is plotted on a scale of 0 […]

The Relative Strength Index (RSI) is a widely used technical analysis indicator in forex trading that helps traders determine the strength of an asset’s price action. It is a momentum oscillator that compares the magnitude of recent gains to recent losses to calculate a value between 0 and 100. A reading of 70 or above […]

The Bollinger Bands indicator is a widely used technical analysis tool in forex trading that helps traders measure market volatility and identify potential trend reversal points. The indicator consists of a moving average, usually a 20-day simple moving average, and two lines plotted two standard deviations away from the moving average. The distance between the […]

Here are the top 10 forex indicators that every trader should know: Moving Averages (MA): Moving Averages are a widely used indicator to identify trends and track price action. Bollinger Bands (BB): Bollinger Bands are used to measure market volatility and to identify potential trend reversal points. Relative Strength Index (RSI): The RSI is used […]

Indicators in forex trading are not always reliable, and their performance can vary based on market conditions and the specific indicator being used. Indicators are mathematical calculations based on the price and/or volume of an asset, and they are used to provide additional information to traders to help them make informed trading decisions. While indicators […]

Equity in forex trading refers to the total value of a trader’s account, including both the balance and any floating profits or losses from open positions. In other words, equity represents the trader’s net worth in their trading account. Equity is calculated as the balance in the account plus or minus any profit or loss […]

Free margin in forex trading refers to the amount of equity in a trader’s account that is available for opening new trades. It is calculated as the difference between the trader’s equity and the margin used for their open positions. In other words, free margin represents the amount of money in a trader’s account that […]