Bollinger Bands are a chart based indicators that were designed by John Bollinger and are used for measuring the volatility levels within a market. Traders, irrespective of whether they engage in stock, forex and bonds trading need to use Bollinger Bands to trade effectively. In fact, a good number of traders use Bollinger Band for […]
Forex traders use a wide variety of techniques to assess the trends and market conditions. This further enables them in placing safe and profitable trades. In fact, it helps them in identifying unfavorable market situations and further place their stop loss orders accordingly. While, some traders conduct market analysis through technical indicators others use charts […]
The foreign exchange market is an ever expanding financial marketplace that allows traders to access global as well as leading forex markets around the globe. However, when it comes to trading, traders are almost always concerned about the support as well as resistance levels. While, support and resistance or not any exact figures, it is […]