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Trade Forex for a Living From Home
This video discusses how to trade Forex for a living from home - its the dream of many traders but can it be done? This video gives you the answers ...
Here we will look at trading currencies on the Internet, from the point of new traders in terms of what you need to do to win and the common mistakes, you need to avoid, let's look at Internet currency trading in more detail.
So who are the elite 5% of Forex traders who win and what sets them apart from the 95% of traders who lose money quickly at Forex trading? Contrary to popular belief the winners are not all computer nerds or big hedge funds and in this article, we will look at who they are and how they manage to achieve currency trading success.
The Slow Stochastic applies smoothing to the Stochastic oscillator, to reduce volatility and improve signal accuracy. The concept is to make the stochastic less sensitive to generating false signals in choppy trading conditions. Lets take a look at the slow stochastic which is one of the most popular currency trading indicators in more detail.
The Average True Range Indicator ( ATR) was developed by J. Welles Wilder, who is credited with developing some of the most important technical indicators of all time including – The Relative strength Index RSI, the Average Directional Movement ADX indicators and Parabolic Time and the ATR is an other important Wilder technical volatility indicator which was introduced in his classic work – New Concepts in Technical Trading – Lets look at the indicator in more detail.
Developed by Larry Williams and first revealed in a 1985 as an article written for Technical Analysis of Stocks and Commodities magazine, the ultimate oscillator can be a useful indicator in generating buy and sell signals and also warning of divergences and is a popular indicator with stock, commodity and Forex traders.