Maria Geraldina

Divergence and Confluence Confluence occurs when two or more indicators meet each other at some point in a chart. This means that you need to look at various indicators to ensure that you have the right setup in mind. To…

Avoiding Divergence Drawdown The easiest way to avoid divergence drawdown is to look at the resistance level for the currency pairing you are tracking. While you might be tempted to set up your take-profit point right at the top of…

Developing a Solid Trading Mindset Throughout this book, we have emphasized the importance of solid technical analysis and objective data. However, a good mindset is just as important. This implies that having a good mindset can be just as important…

Most Popular Currencies In The Forex Market By definition, trading FOREX is all about working with the world’s entire currency supply. There are some currencies that are staples of the currency world, such as the US Dollar, the British Pound…

Money Management in FOREX Investing Learning about money management in the world of FOREX is an essential tool that will help you steer clear of trouble. Mainly, money management pertains to a set of principles that you can apply when…

Understanding the trend To simplify things, use the charting function in your platform to calculate the trend line. Then, use the information reflected in the chart itself to determine the support and resistance levels. In particular, pay attention to the…