Scalping the Forex Market: A Beginner’s Guide

IC Markets No Comments Tags: , , , , , , , , ,

An integral part of becoming a consistently profitable trader is finding a trading style that suits your emotional disposition. Fortunately, a number of trading styles are available. Although each style differs on holding periods and frequency, position trading, swing trading, day trading and scalping are among the most widely used channels within the technical community. … Continue reading Scalping the Forex Market: A Beginner’s Guide

Relative Strength Index: How to Trade Using the RSI Indicator

IC Markets No Comments Tags: , , , , , , , ,

Nowadays, popular trading platforms offer in excess of 100 indicators. You could say you are almost spoilt for choice. The mammoth selection, however, tends to be detrimental, often leaving traders overwhelmed, particularly those in the earlier junctures of their journey. Fortunately, a handful of indicators have stood the test of time. Including, but certainly not … Continue reading Relative Strength Index: How to Trade Using the RSI Indicator

Simplify Your Trading with Bollinger Bands

IC Markets No Comments Tags: , , , , , , , ,

The history of trading bands, envelopes and channels is long and interesting. In the years since the creation of Bollinger Bands in 1983, a number of adaptive bands were created. Chief among them were Keltner Channels, introduced by Chester Keltner in the 1960s. This technical indicator is similar to Bollinger Bands, though rather than using … Continue reading Simplify Your Trading with Bollinger Bands

An Introduction to MetaTrader 4 Indicators

IC Markets No Comments Tags: , , , , ,

Technical analysis requires the use of various tools, and is often associated with the application of indicators. The award-winning MetaTrader 4 (MT4) platform offers an extensive selection of technical indicators. It is one of the most popular trading platforms for forex traders, owing to its ease of use, generous features and automated trading ability. What’s … Continue reading An Introduction to MetaTrader 4 Indicators

Using a Multi-Timeframe Approach

IC Markets No Comments Tags: , , , , , , , , , ,

‘It pays to know where you are in the bigger picture’. We’re not entirely sure where this statement originated from, but it is certainly one that should be memorized. What is a multi-timeframe approach? It’s no secret that adopting a multi-timeframe approach can enhance your trading. The problem, however, is that some traders find it … Continue reading Using a Multi-Timeframe Approach