The Average Directional Index (ADX), invented by J. Welles Wilder is referred to as an oscillator technical analysis indicator. ADX …
Author: Professor FX
How to Trade with Fractals
The Fractal indicator, invented by Bill Williams is commonly used by forex traders to identify support and resistance levels on …
Learn How To Trade The Stochastic Oscillator
The Stochastic oscillator, invented by George Lane measures momentum in the market and consists of two lines (%D and %K). …
How To Trade with MACD Convergence/Divergence
MACD, invented by G. Appel is referred to as an oscillator technical indicator. MACD ( Moving Average Convergence/Divergence ) consists …
How To Trade Moving Averages (MA)
Moving Averages (MA’s) are one of the most used technical indicators in forex. They smooth currency price data over a …
How To Define Overbought and Oversold In Forex?
Many times in trading we here the terms overbought and oversold. We hear an analyst state that the EUR/USD is …
Candlestick Patterns Basics for Beginner Trader
In candlestick patterns basics, we’re going to start right at the beginning with how to interpret candles. Each candle represents …
How to Improve Your Forex Currency Trading System
Even with a forex currency trading system, preparation is half the battle. In order to have a solid performance, you …
Make Money in Forex by Avoiding These Psychological Risks
Aside from the risk of losing money, forex trading also involves several psychological risks. These risks are often overlooked by …
Reducing the Effect of Emotions on FX Trading
It is important for every forex trader to be able to manage his or her emotions so as to not …