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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)
Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)
Live quotes, free charts and expert trading ideas. TradingView is a social network for traders and investors on Stock and Futures and Forex markets! Types of trading charts. Clarity and a full understanding of what a chart is showing as well as the information that it provides is imperative to trading. They do represent the highs and lows of the trading period as well as the opening and closing price.
Technical analysis is a method for evaluating currency movements by analyzing the data generated by market activity; such as price. Technical analysts will attempt to analyze this data in order to identify patterns that can help them predict future (short-term or long-term) price movements in the currency. Currencies are traded on the Foreign Exchange market, also known as Forex. ... Forex traders buy a currency pair if they think the exchange rate will rise and sell it if they think the opposite will happen. The Forex market remains open around the world for 24 hours a day.
There are a number of methods used by forex traders to predict the movements of currency pairs. Some traders focus on news, interest rates and economic variables while others prefer to use charting tools and indicators to guide their trading decisions.
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