This live Forex trading example involves a bullish trade taken on the M5 chart of the GBP/USD based on signals from the Bollinger Bands Forex indicator. The trade gives a clear example how to take advantage of Forex volatility when identifying emerging trends. I opened a long trade on the assumption that a bullish move […]
Indicators are crucial for the on chart analysis of currencies. One of the most popular tools for technical analysis in Forex is the MACD indicator. This is so due to the success. This article will give you an in depth review of the Moving Average Convergence Divergence indicator. Then you will be able to apply […]