Understanding Technical Indicators
Understanding Technical Indicators
Archive : Understanding Technical Indicators
This course removes the confusion about indicators by teaching you the different indicator classes and how to identify the best ones.
With this knowledge, you will easily be able to decipher what the chart is telling you about current trading conditions.
From ADX to Zig Zag, this course will give you the knowledge you need to successfully apply indicators to your trading.
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
Understanding Technical Indicators
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