Ideas for Using Round Numbers in Your Forex Trading [9349]

Round numbers strategy in Forex Trading  – This is another very simple, but extremely efficient strategy. The round numbers (example EUR/USD 1.3600, USD/JPY 98.00) are natural levels of support and resistance.  A lot of orders are placed around these levels. In the following article, we take a look at round numbers in the context of[…]

The Complete Guide How To Draw and Use Trend Lines Perfectly [9332]

How To Draw and Use Trendlines – Trend lines have become widely popular as a way to identify possible support or resistance. But one question still lingers among Forex traders – how to draw trend lines perfectly? Trendlines are very useful in helping you determine the trend, and also the strength of that trend as[…]

What are the Best and Correct MACD Settings For Day Trading

The Best and Correct MACD Settings – Are you an indicator trader? If yes, then the MACD is a useful indicator in the identification of price trends and direction. The Moving Average Convergence Divergence (MACD) calculation is a lagging indicator used to follow trends. It consists of two exponential moving averages and a histogram. The[…]





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