Simpler Traders – Reversal Arrows (formerly called HOLB/LOHB)
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HOW DO WE USE IT?
The Reversal Arrows pinpoint reversals and breakouts in almost any timeframe. Whether you use these precision arrows as an entry or an exit tool, you will be able to catch dramatic moves in this volatile market with the potential for exponential gains and limited risk.
The Reversal Arrows have the robust calculations behind it to display areas where you can expect price to pull a reversal as it is potentially extended from its moving average. When price gets far enough away from it’s comfort zone, you will typically see an arrow appear and then notice a trend change back to or beyond the moving average. This indicator provides key opportunities to take advantage of extended price levels and helps to time entries in trend markets.
Forex Trading – Foreign Exchange Course
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Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
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A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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