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You are here: Home / Archives for Forex Trading Guide

What is the Best Forex Indicator and how to use them

December 2, 2014 By Hung Vu Leave a Comment

Just how profitable is each technical indicator on its own? After all, forex traders don’t include these technical indicators just to make their charts look nicer. Traders are in the business of making money!

If these indicators generate signals that don’t translate into a profitable bottom line over time, then they’re simply not the way to go for your needs! In order to give y’all a comparison of the effectiveness of each technical indicator, we’ve decided to backtest each of the indicators on their own for the past 5 years.

[Read more…]

Filed Under: Forex Trading Guide Tagged With: best forex indicator, Breakout, MACD, moving averages, Trend following

Basic Forex Trading Guide

November 13, 2014 By Hung Vu Leave a Comment

Market Analyze

Forex is short for foreign exchange, but the actual asset class we are referring to is currencies. Foreign exchange is the act of changing one country’s currency into another country’s currency for a variety of reasons, usually for tourism or commerce. Due to the fact that business is global there is a need to transact with most other countries in their own particular currency. [Read more…]

Filed Under: Forex Trading Guide Tagged With: Business_Finance, Day trading, Economics, Exchange rate, Financial economics, Foreign exchange fraud, Foreign exchange market, Forex Trading Guide, Hedge, Oanda Corporation

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