Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Introduction to technical indicators

Information is not investment advice

The “splendors and miseries” of technical indicators

Computers and information technologies allow traders to forecast the direction of prices without much effort. Technical indicators do all the donkey work for traders freeing them from the need to perform difficult mathematical and statistical calculations. In addition, they save the traders’ time for the market analysis. However, there is always a spoon of tar in a barrel of honey. We have to admit that technical indicators are not crystal balls; they do fail and result in losses. But if traders focus on highly reliable chart and candlestick patterns, apply several indicators for identification of the perfect entry and exit points, they will always be ahead of the game. So, we encourage you to use technical tools in your intraday trades not only because it’s handy, but also because they will help you to minimize the impact of emotions on the decision-making process.

Indic.jpg

Trading gurus recommend applying at least 2 technical indicators to the chart to filter out false signals. Technical indicators work best in tandem, so you should open your positions when you notice that two indicators give you the same signal. At the same time, try not to be greedy and fall into the mistake of overanalyzing the market. The excessive use of technical indicators will do more harm than good, as you might lose the actual track of price movement and miss your profit opportunity.

A stretch of traders’ imagination is boundless. They combine technical indicators with other analytical tools. A rule of thumb states that combinations of the chart analysis with the technical indicators are the most profitable.

There are two main types of technical indicators: trend indicators and oscillators

Technical Indicators in MT4

Popular

USD Moves Weird Ahead of CPI

The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.

The NFP Release: One More Punch for USD?

The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.

The UK Speeds Up Tightening

The Bank of England (BoE) will share its Official Bank Rate and make a statement on monetary policy on August 4, 14:00 GMT+3.

Choose your payment system

Be on top of your game

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later