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About: luna
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Intermediate 2: What is a moving average and how to calculate it?
Successful trading doesn’t happen overnight. You need to learn many concepts and strategies to build a good foundation on which you would base your decisions every trading day. In technical analysis, the moving average is one of the most crucial indicators you need to know about and learn. What is a moving average? A movingContinue Reading
Intermediate 1: Understanding support and resistance in trading
You hear these words a lot from traders—support and resistance. And if you’re new to trading, you’re probably wondering what they mean and how they can help you make the best trading decisions. In its essence, support means that a downtrend may stop because of increased buying interest or demand. Resistance means that an uptrendContinue Reading
Lesson 12: Introduction to technical analysis
You probably know by now that the financial market can be volatile and unpredictable. This is why it’s your responsibility as a trader to learn all the tools, strategies, and disciplines that will help you make intelligent decisions when trading. One of the key aspects you need to master is technical analysis. What is technicalContinue Reading
Lesson 11: Different types of forex orders
Forex orders are an essential part of the trading process. An order is a request to buy or sell a currency at a given price. The type of order you use can affect how quickly you get your desired currency and how much you pay. This lesson will teach us about the different types ofContinue Reading
Lesson 10: Different types of trading charts
It is critical to observe the movement of prices in Forex trading. There are several ways to accomplish this, including seeing the ticker in real-time. But the most popular method is to display prices on a chart, which enables you to observe how prices respond at crucial moments. Traders use prominent chart types, including lineContinue Reading
