FOREX INDICATORS

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Myfxindicators.blogspot.com news digest

  • 12 years

    Description of the Forex

    Description of the Forex
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    The Forex market, established in 1971, was created when floating exchange rates began to materialize. The Forex market is not centralized, like in currency futures or stock markets. Trading occurs over computers and telephones at thousands of locations...

  • 12 years

    How to trade with BB-1

    How to trade with Bollinger Bands
    Price moves in upper bands channel – uptrend, lower - downtrend
    It is very simple to identify dominating price direction by simply answering the question: in what part of the Bollinger bands the price is currently trading? If price stays above the middle line – in the upper...

  • 12 years

    How to trade with BB-2

    How to trade with Bollinger Bands
    Low volatility, followed by high volatility breakouts
    When Bollinger bands start to narrow down to the point when they are visually forming a neat tight range (measured no other way than by eye), as shown on the screenshot below, the situation signals...

  • 12 years

    How to trade with BB-3

    How to trade with Bollinger Bands
    Price moves outside the bands – trend continuation
    When price moves and closes outside the Bollinger upper or lower bands, it implies a continuation of the trend. With it Bollinger bands continue to widen as volatility rises. But it is not always straight forward: at some point closing outside Bollinger...

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Updated: June 29, 2023
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Created: July 31, 2000

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