The forex platform for currency trading is considered a market that deals with billions of dollars worth of transactions on a daily basis in a 24 hour investment market. The traders and investors involved in this market have to deal with the constant fluctuations within the forex market, but many people are still attracted to…
Understanding Support and Resistance Indicators Understanding some basic forex support and resistance indicators can be a good way of establishing a trader in the study major support and resistance levels. So many traders out there are void of indicators that can give them information on support and resistance points. This article is poised to reveal…
If you are looking for an indicator that would tell you about the rate at which the price of a currency changes over time, then you should be looking at the Momentum Oscillator. They are also used in checking the strength of the currency price. What we see in the market is an indicator that…
Ever since Casey Jones battled that machine, the question of man versus machine, or in today’s age, computer has been a hot topic of debate, and forex trading is no different, are forex robots better than manual trading? This question can be answered with the preverbal, it depends.
Forex Robots Trading on foreign exchange is a 24 hour business being conducted in all countries and corners of the earth. It requires accuracy in predictions of market trends. One needs to be on the look out which currencies are on an upward or downward trend, know what to offload, when, and which currency to…
What is a Forex Robot? Forex Robots perform trades in place of their human counterparts without the emotion of the Investor. They are automated systems that allow you to trade currencies without human error. These Robots are designed to interface with foreign exchange trading platforms. The software manages these trades from start to finish,…