MetaTrader

We focus on technical analysis, in this article are some important indicators. Here you know that custom indicator is make money or lose your money? Metatrader explain here.

We can say that all traders use technical analysis is rich, but not all dealers carry out technical analysis, although extensive teaching assistant is the most appropriate way trading foreign exchange market. It is also worth noting that a fundamental role, indicating whether the price up or down. This gives you the advantage over other traders.

Technical analysis is very useful for some reasons

1) It is a number. All information and its market and currency traders said the price represented.
2) it helps to forecast trends and foreign exchange market is very 'fashionable'.
3) a particular chart pattern is consistent, reliable and repeatedly. T.A. help us to see them.

There is a way, a comprehensive view of technology analsysis (wish I had a dollar for every time I said: 'Technical Analysis'). We all know that trends in price fluctuations. Research shows that those who trade the trend and 'greatly improved their chances, a profitable trade.

Trends to help you realize the overall market direction, and often saved our less profitable entry point. I attended a two-day course cost me 2,500 U.S. dollars and Australian dollars of the most important thing I learned from it takes discipline and emotional control. Therefore, the basic content, in the next three to four articles, I will cover it all. Therefore, learning the tools of trade of technical indicators and their applications will help you do what diagnostics market, but even so, you need UPS Yuqixiaxiang, Mao Yi and emotional control.

Remain in the trend, according to the price.

Explore the currency of the price. If the EUR / USD 1.4224 and 1.4180, then 1.4090 and then to enter the market decline. Only concerned with what their market is doing what is impossible. Listen to the market and the indicators will tell you to retain them.

Moving average.
Tell me your price at a specific time interval in a certain period. They are called moving because they give the final price, calculated on the basis of the average measurement time selected.

They lagged behind the market, so a pair of ever-changing trends suggest that the use of a shorter average like 5 or 10 day moving average. By short-term and long-term horse can detect short-term buy signal, by moving the direction of the long-term average upward. Or break down when the sell signal. For example, you could use the 5-day moving average and the average 20 days or 40 days and 200 days.

There is a simple moving average, linear weighting is more important is to provide new or weighted price index. The latter is a favorite because it believed that all the prices in one period, but stressed the importance of the recent price changes.

MACD indicators
Under the moving average, MACD indicators of the differences between the moving average of 26 drawn and 12 day moving average, and 9 days as a trigger line. If you find MACD indicator is still positive, when the market decline may be a strong buy signal. Opposite also applies.


Bollinger Bands (sounds like an elastic band)
Prices tend to remain between the upper and lower bands. They expand and contract more depending on the prevailing market volatility. A sell signal, the moving average over Bollinger bands, and vice versa for the buy signal. Some traders use it in combination with the RSI, MACD indicators, CCI, and the interest rate changes.


Fibonacci retracement
Cycle exists in nature interpretation and application of technical analysis to find the market trends. After the price increase is often the most moving, sometimes all be traced back to the original. Support and resistance levels often occur near the Fibonacci retracement level.

Relative strength index
Relative Strength Index measures the activity to see whether the market is overbought or oversold. This is a key indicator of the market will help to show what (great!). Relative strength index is overbought Ahigher number (so pessimistic about the changes expected) and the lower figures show oversold.

Successful traders generally use 3 or 4 signals, to provide more conculsive signal before making a transaction.

Always remember, "If in doubt, stay in it!." Technical analysis does not take into account the political news, economic profile, a country or a basic regulations and requirements.

Technical analysis can help us to know how much of the trade risk. How and when to enter the market, how out of business profits or minimize losses.

Be nice trading...