indicators: SMA x3. dont worry folks, soon it will start making sense... just follow the setup on this one
indicators. its just extra tools to help you visualise situation.
on metatrader4 you drag and drop them on any chart window.
lets add 3 sma indicators:
indicators-trend-moving average, default should be, method=simple, apply to=simple, for all three.
set period to 30 , 50 and...See more
Drawing trends. basically, (see yellow lines? its not accurate, but to give main idea). just draw the line from the very top if the price (highest point) to the very last top point in a trend(wave). as you can see this chart is going downwards, but with something like waves.
use...See more
Forex. Currency exchange.
Basically you exchange currency, then exchange back when its profitable.
In a nutshell, you borrow "currency pair" from your broker, when price is low and give it back when its value increase, keeping the difference between the price you borrowed at,...See more
