Forex Chart Patterns

head and shoulders chart

[adrotate banner=”1″]Four of the major forex charting patterns which are essential to understand a few chart patterns which aid traders in making beneficial decisions are covered in this article. Symmetrical Triangles On the charting system, indecision areas are represented by symmetrical triangles. These patterns generally take place when there is pause in the market and […]

Moving Average Convergence Divergence MACD


[adrotate banner=”1″] What is the MACD? The Moving Average Convergence Divergence, or MACD, is a technical analysis indicator that is used to determine trend, strength and momentum. It is generally seen as the MAC Daddy (pun intented) of all indicators for this very reason. It combines the trend signals of moving averages, strength signals with […]

Technical Analysis vs. Fundamental Analysis

If you’re just beginning to delve into the world of forex trading, it can be an intimidating and overwhelming market to get your head around. You might have come across the terms ‘technical analysis’ and ‘fundamental analysis’ already, but what’s the difference and which one is best for you? Technical Analysis In short, when a […]

Parabolic Stop and Reverse PSAR


[adrotate banner=”1″] What is the Parabolic Stop and Reverse? Also known as the Parabolic Indicator, the Parabolic SAR is a technical indicator that traders use to determine entry and exit points. It was developed by the same inventor of the Relative Strength Index and the Average Directional Movement Index. As the price falls, and generally […]