ForexBees

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Entries for the ‘Forex Indicators’ Category

Commodity Channel Index Indicator

Commodity channel index which is also called CCI is a very popular indicator that is used to detect overbought and oversold markets. This is very easy to use.

This article explains how to use this indicator. The buy signal is generated when the commodity channel index is below the oversold line and when it crosses above the oversold line.

The sell signal is generated when the commodity channel index is above the overbought line and when it crosses below the overbought line.

An image is given for you to understand easily how to use this indicator.

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Accumulation/Distribution forex indicator

This article gives you an indepth knowledge of what is an accumulation/distribution forex indicator like what is accumulation/distribution forex indicator, how to calculate accumulation or distribution, formula for calculation accumulation or distribution, how it can be used as a convergence or divergence indicator etc.

This is mainly a volume indicator which tries to gauge the supply and demand of a currency pair by collecting information if traders are buying (accumulating) or selling (distributing) for a particular currency pair.

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How to use pivot points for forex trading

Pivot points project support and resistance lines on the charts which can be used for forex trading. This indicator uses a calculation on the Open\High\Low\Close of yesterday, to predict the Support and Resistance levels of today.

This article shows you how calculate pivot points and how to trade pivot points. A break out technique is explained for trading pivot points. The break out setup happens when the price breaks out when any of the support or resistance lines.

Images are provided for easy understanding of the article.

Clcik visit resource to go to the article.

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Trading using Bollinger Bands

This article shows how to use bollinger bands as support and resistace for forex trading. The following is what is explained in this article.

Flat Middle Band: When the middle moving average of bollinger bands is flat and not trending, this means that the the trend is weak and the trading is mostly range trading.

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Using Bollinger Bands – A Very Important Forex Indicator

Bollinger Bands is one of the forex technical analysis tools. It was developed by John Bollinger in 1980s. Bollinger Bands consists of a center line two price lines one above the center line and one below the center line. The forex graph movements are always between the two price lines.

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