Forex

Using MA Lines as Dynamic Support and Resistance Levels

I get this question quite often – Why do you use moving averages (MAs) as dynamic support and resistance levels? After all, if you’re trading price action, why would you need them? They seem pretty useless. My answer has two parts: I use moving averages for more purposes than just dynamic support and resistance. Because […]

Bollinger Bands and MACD Trading Strategy

Bollinger Bands can provide useful signals for technical traders, and when combined with Bollinger Band and MACD, it provides traders with insights into both volatility and momentum in the forex market. 1. COMBINING BOLLINGER AND MACD As the title suggests, traders can combine Bollinger Bands and MACD to support trade setups. Bollinger Bands allow traders […]

What is ICO Investment? List of the Best ICOs in 2022

One of the five types of super-profitable crypto investments that cannot be ignored is ICO investment. So, do you understand what ICO investment is? Should you invest in ICO to earn profits or not? How to invest in ICO? The article below from TradaFX will help you answer all these questions in the easiest way […]

What is Fibonacci Retracement?

What is Fibonacci Retracement? A popular tool for traders is Fibonacci Retracements, also known as Fibonacci retracement, developed from the ideas of the Fibonacci sequence. The Fibonacci sequence follows the rule that each number is the sum of the two preceding ones. This article will help traders better understand the concept of Fibonacci retracement and […]

What is Equity? Differentiating Between Equity and Balance

What is Equity? Differentiating Between Equity and Balance  Equity represents the current value of your trading account, reflecting its real-time value and even the smallest price fluctuations. For those working in the financial sector, especially investors, the term “equity” is likely familiar. But what exactly is equity? Does its meaning remain consistent across all financial […]

What is Trailing Stop? Combining Trailing Stop/Stop-Loss for Maximum Profit

What is Trailing Stop? Trailing Stop is a popular type of stop-loss order among traders. The reason for this is that, unlike fixed Stop Loss or Take Profit orders, Trailing Stop moves with the market price, allowing traders to lock in most of their profits in forex trading. Let’s dive into what exactly a Trailing […]