The Momentum Rule and How It Can Transform Your Gold Trading Strategy
To achieve success at gold trading, it’s important to follow the most effective rules and indicators. The momentum rule is the best example. By understanding what it is and the way to use it, you’ll have a simpler time creating profitable trades. The Zero Line To understand the momentum rule, it’s important to […]
Understanding the Main Types of Chart Patterns
Today we are going to summarize the main types of chart patterns and how you can use them to your advantage while trading gold. It’s very simple; you just need to follow what the charts tell you. When you read the chart and use technical analysis to understand where gold prices have been and where […]
Which Gold Trading Strategy is Right for You?
A lot of hard work and persistence is needed to fully learn and understand the best gold trading strategies. Not all traders are motivated enough, or even capable of, learning gold trading strategies that create success on the market. You can increase the probability of predicting that the price of gold will move in a […]
Using Bollinger Bands Trading Strategy in Gold Trading
Successful gold traders use every resource at their disposal to inform their trading and help them make profitable decisions that pay off in the short and long term. The first resource isn’t complicated, you just need to be aware of global news. Economic, political, and social changes can have huge effects on currencies and gold […]
Solutions to 3 Common Gold Forex Trading Mistakes
Gold forex trading is not a foolproof venture, and you need to be methodical in order to have success. Some missteps or losses are inevitable, but there are also many mistakes that can be avoided if you are aware of these common errors and take precautions to avoid them. Here are three common gold forex […]
How to Use Ichimoku Kinko Hyo Indicator in Gold Forex Trading
Understanding how to read chart indicators can help transform you into a successful and profitable gold trader. According to the Forex online trading school BabyPips.com, Ichimoku Kinko Hyo (IKH) is the chart indicator with the best performance over the past five years. According to their analysis, it generated a return of 30.35%, compared to minus […]
3 Major Factors Affecting Gold Prices
Though many precious metals are purchased and traded as investments, no metal is more popular in online trading than gold. Gold acts similarly to a currency – in fact, it was used as a currency by cultures all around the world for centuries before being replaced by paper currency. This is why it is traded […]
Trade Gold Successfully by Understanding Moving Averages
Successful gold traders can look at a chart and see everything they need to know about where the market has been and where it’s going. If you look at a gold trading chart and your eyes start to glaze over, don’t worry. As you start to understand key concepts like moving averages, you can unlock […]
Using Fundamental Analysis for Gold Trading
Whether you’re new to gold trading or have been successfully wheeling and dealing on the markets for years, it should come as no surprise that world events have a significant effect on the price of financial instruments like currencies. The economy of a given company can be buoyed or sunk by the financial and political […]
What are Leading and Lagging Indicators?
Online gold trading charts tell you with absolutely precision where a gold-currency pairing has been, and tells you everything you need to know about where the trend is headed – if you know how to read it right. That’s where indicators come in. Indicators give you signals that can be used to make smart decisions […]
