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Using Bollinger Bands for Day Trading

Using Bollinger Bands for Day Trading
John Bollinger invented Bollinger Bands. This technical indicator creates a channel around an asset’s price movement, and relies on a moving average, and ordinary deviations. Traders can leverage Bollinger bands to determine the direction of a trend, monitor volatility, and identify potential reversals. All these...
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Trading Indicators every Trader should beware of

Trading Indicators every Trader should beware of
Often, traders overcomplicate matters, especially when they are beginners. Traders usually opine that a sophisticated trading strategy complete with numerous moving parts could be better. Only a few foreign exchange traders understand the significance of adopting simple trading strategies.
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Moving Average as A Forex Trading Strategy

Moving Average as A Forex Trading Strategy
Forex trading is a business that fluctuates now and then and a trader must expect to either win or lose. There are various strategies that a trader could learn to perfect their game in the forex trading business. Moving Average (MA) is one of the...
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The thoughts you must get rid of when trading Forex

Your thoughts are you. If you don’t have the total control of your thoughts it is really hard to be an independent individual.  Being an independent individual is important for trading. If you are in the Forex market you should be independent to make your...
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How to discover the Holy Grail in Forex

Sounds like a lie? Well, it is not a lie because the Holy Grail is true. You may just ignore it thinking it is one of the Forex jokes. But for your information, Holy Grail is real, although most of us have failed to notice...
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More patience equal more profit

Many people who are trading in this investment market are impatient. They want to make quick money in their account and they will take all that is needed to make money grow in their accounts. The Forex market does not work that way. You have...
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When do traders fail to make the profit?

fail profit
Not all the traders in Forex are successful. If you look at the market, you will see that most of the traders in Forex are making the loss. When they are trying hard to make their profit, they are losing more money. Trading in Forex...
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