Foreign Exchange School

  Grid trading is an investment strategy that is based on the characteristics of price fluctuations and trades by establishing a grid. Grid trading is commonly used in financial marekts such as the foreign exchange market, the stock market, and the commodity market....

  The M-shaped trend of the RSI indicator is a common peak pattern in the overbought area. When both the RSI and the exchange rate are at a high level, the exchange rate shows a trend of one wave higher than the other, while the RSI shows a trend of one peak lower than the other. This is the phenomenon of the top deviation of the RSI....

  There are two ways to insert technical indicators on the charts of the MT4 software: first, select "Insert" - "Technical Indicators" on the top menu; second, you can insert "Technical Indicators" through "Navigation" to achieve insertion on the charts of the MT4 software.

  The Bollinger Band, also known as the Pollinger channel, is a very practical technical indicator designed according to the standard principles in statistics....

  OBV (On-Balance Volume) is a classic volume and price analysis indicator proposed by Joe Granville, which reflects the flow of funds in the market by combining price movements and volume to help determine the strength of trends and potential reversal signals....

  When trading in foreign exchange, we should not only focus on technical analysis, but also on fundamental data. So how to analyze fundamental foreign exchange data? The main purpose of fundamental analysis is to predict future prices through the analysis of macroeconomic events.

  Forex analysis can be divided into fundamental analysis and technical analysis. Fundamental analysis of foreign exchange is to use economic, political and other factors in various countries to analyze the trend of the exchange rate outlook, while technical analysis of foreign exchange is to use various technical indicators to evaluate the exchange rate.

  In foreign exchange trading, a support level refers to an area or price level where the price has fallen to a certain level and it is difficult to continue falling after encountering support. A support level is usually a price level or area where there is a lot of buying, making it difficult to sell...

  For price action analysis, there are several important points to pay attention to: 1. Learn a set of stable and effective price action analysis methods, which takes time and patience. You need to have a comprehensive understanding of the method and verify and practice it in a demo account. 2...

  As a technical trader, many people will study technology tirelessly, from the K-line to the line, from the moving average to various self-made unique indicators, which is a never-ending road.

  Many indicators look perfect, like the moving average, a line that divides the rise and fall on both sides, which is both easy to identify and can be used to capture large profits. Like MACD and KDJ, they are also indicators that look perfect. But they also have natural flaws, such as...

  The RSI Relative Strength Index, created by WellsWider, uses the movement of prices over a specific period of time to predict the future direction of price movements....

  To really mix in the market, it is complicated and complicated, simple and simple, because as long as you persevere in the following points, it is difficult not to win. 01 First, always look at the weekly and daily lines, not the cycle below the daily line (do the middle line); second, only use...

  Bollinger bands play an important role in technical analysis, and their unique construction ideas can play a great role in our analysis of exchange rate trends. Unlike other swing indicators, the use of Bollinger bands in the foreign exchange market is rather unique....

  Wave theory and entanglement theory are two different technical analysis systems, with significant differences in philosophical basis, analytical framework and practical application....