Tag: financial education

The Magic of Moving Averages for CFD and Cryptocurrency Trading

The Magic of Moving Averages for CFD and Cryptocurrency Trading

Moving averages help forex traders make effective transactions by aiding them in evaluating the price history of a currency pair or related investment. More specifically, these averages make it easier for investors to interpret the price fluctuations of an asset by smoothing out their random movements. A moving average is a type of lagging indicator…

MACD – The Perfect Technical Indicator for Bitcoin & Cryptocurrency Trading

MACD – The Perfect Technical Indicator for Bitcoin & Cryptocurrency Trading

MACD is perhaps one of the most respected and used indicators in forex and digital coin trading. MACD, moving average convergence divergence tells the user three things, when to buy or sell the asset, when the trend is changing and when it is losing momentum. MACD is a simple indicator to add to your charts…

Barry Norman Explains Fibonacci Retracements for Forex and Cryptocurrency

Barry Norman Explains Fibonacci Retracements for Forex and  Cryptocurrency

The Fibonacci Retracements Tool on most charts shows four common retracements: 23.6%, 38.2%, 50%, and 61.8%. From the Fibonacci section above, it is clear that 23.6%, 38.2%, and 61.8% stem from ratios found within the Fibonacci sequence. The 50% retracement is not based on a Fibonacci number. Instead, this number stems from Dow Theory’s assertion…

Bollinger Band Strategies For Forex & Cryptocurrency Trading

Bollinger Band Strategies For Forex & Cryptocurrency Trading

Bollinger Bands can be applied in all the financial markets including equities, forex, commodities, and futures. Bollinger Bands can be used in most time frames, from very short-term periods, to hourly, daily, weekly or monthly. Bollinger Bands are a technical analysis tool, specifically they are a type of trading band or envelope. Trading bands and…

Predicting Price Action for Cryptocurrency and Forex Using Fibonacci Retracements

Predicting Price Action for Cryptocurrency and Forex Using Fibonacci Retracements

Assets will often pull back or retrace a percentage of the previous move before reversing. These Fibonacci retracements often occur at three levels: 38.2%, 50%, and 61.8%. Actually, the 50% level really does not have anything to do with Fibonacci, but traders use this level because of the tendency of stocks to reverse after retracing…

Trading Cryptocurrency CFDs

Trading Cryptocurrency CFDs

There are many ways to get involved and profit from the new bitcoin, alt-coin market. Trading cryptocurrency CFDs (contracts for difference) with a regulated provider allows you to either sell or buy without having to purchase and store your currency. You profit by the movement and the difference in the cost from your open til…

Free Lunch, 5/17/18: Walmart’s Digital Growth, Cryptocurrency & Blockchain Stocks

Free Lunch, 5/17/18: Walmart’s Digital Growth, Cryptocurrency & Blockchain Stocks

On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps the latest quarterly earnings report from Walmart (WMT) and focuses on the retail behemoth’s latest digital growth. Later in the show, Ryan talks to Zacks Strategist Dave Bartosiak about investing in cryptocurrency proxy stocks and blockchain innovators.

Facebook Is Working On A Cryptocurrency?! 🔗

Facebook Is Working On A Cryptocurrency?! 🔗

Cheddar’s Alex Heath reports that Facebook is planning to launch a cryptocurrency for payments, in an effort led by former PayPal chairman & Coinbase board member, David Marcus. Although the plans on in the very early stages, if Facebook follows through on this, it would be huge!! Let us know what you think in the…

Barry Norman’s Explains Relative Strength Index – RSI – for Forex and Cryptocurrency

Barry Norman’s Explains Relative Strength Index – RSI – for Forex and Cryptocurrency

The most basic RSI application is to use it to identify areas that are potentially overbought or oversold. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD. Wilder…