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Category Archives:Forex Trading

Technical analysis: What is it, and How to Do It with Forex?

Understand what indicators do, and that whether you use a Bollinger Band or a Keltner Channel, for example, will make little difference to your results. Then you can choose the indicators which are most suitable for your trading strategy. For example, if your strategy aims to trade with momentum, you need to use a momentum indicator. Another big mistake that is common for new traders to make is to be looking for the “holy grail”, meaning a perfect strategy that is guaranteed to make money. Read More