Beginner Foreign Exchange Currency Trading What is Forex Trading?

line, the trend is bearish (going down). A buy signal is generated when the +DMI line (green) crosses the -DMI line (red) If the Chaos is going down from overbought towards the 0 line, it's bearish...if it's trading, then you can do better with a longer time frame, like 15 or 30 minutes. First, go into Studies and select your moving averages (EMA's), then your 3. London open 3:00 AM to 11:00 AM