Technical

Top Technical Indicators Every Trader Should Understand

Imagine trying to fly an airplane without a dashboard. You might be able to see the horizon, but you wouldn’t know your speed, your altitude, or how much fuel you have left. In the world of financial markets, price action is the view out the window, but technical indicators are your dashboard. Technical analysis is […]

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Using the Directional Movement Index (DMI) when trading Forex

Using the Directional Movement Index (DMI) when trading Forex

The famous mathematician and creator of many trading indicators J. Welles Wilder, created the DMI and it featured it in his widely read and highly admired book; “New Concepts in Technical Trading Systems”. Published in 1978 the book revealed several of his other extremely popular indicators such as; RSI (The Relative Strength Index), ATR (Average

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