Traders and investors in the Indian equity markets have been enjoying watching as prices have been breaking to all-time highs. Of course the big question in everyone’s mind is where will this bull run end and is there anything I can do to protect my capital when it does? While no one can predict exactly where this price movement will reverse since there is no supply level above to signal this, there are some tools that traders can use to identify when the bullish pressure has subsided and therefore ...
India's forex reserves up $1.94 billion India's foreign exchange (forex) reserves rose by $1.94 billion to $311.85 billion for the week ended May 2, led by a sharp jump in overseas currency assets, Reserve Bank of India (RBI) data showed. The reserves had gained $499.8 million to reach $309.91 billion for the week ended April 25. According to the RBI's weekly statistical supplement, foreign currency assets, the biggest component of the forex reserves, jumped ...
Introduction to Technical Indicators (based on dailyfx aticle) Trend Following Trend following indicators were created to help traders trade currency pairs that are trending up or trending down. We have all heard the phrase “the trend is your friend.” These indicators can help point out the direction of the trend and can tell us if a trend actually exists. Moving Averages A Moving Average (MA for short) is a technical tool that ...
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