Lesson 9 Market Maker and tools for Market Maker what is the market maker? In trading currencies, market makers function as intermediaries in sales and purchases between two parties and two currencies. For example a bank will function as a market maker when it collects sellers of the US Dollar to then sell to investors […]
[Lesson 8] PIVOT POINT SYSTEM FOR FOREX TRADING TRIGGER STRATEGY
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PIVOT POINT SYSTEM FOR FOREX: TRADING TRIGGER STRATEGY After a Down Trend – If the price closes above the moving average, and above prior time period’s highs, with a sequence of higher highs and higher lows, enter a long position since the uptrend is now confirmed. You will want the moving average to have formed […]
[Lesson 7] PIVOT POINT MOVING AVERAGE SYSTEM IN FOREX TRADING
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PIVOT POINT MOVING AVERAGE SYSTEM The moving average is one of the most widely utilized indicators in technical analysis. The reason that this is the case is that the moving average is easily identifiable and easy to back test. Many automated trading systems use moving averages or some derivation of a moving average method to […]