On 15th November, XM arrived in Madrid, at the last destination of its autumn forex trading seminar series held in various cities of Spain, where we were extremely glad to meet with all those who joined our free seminar presented by Academia de Mercados.
As XM is dedicated to helping traders build their confidence by means of professional education that covers quite a range of topics necessary for today’s online investors, our free seminar series organised in Spain this autumn stayed true to this belief.
The topic presented in Madrid, namely Technical Analysis in Online Forex Trading, served the purpose to help traders understand the technical indicators used for assessing price direction and future price levels. Event participants received, among others, a detailed explanation about trend-following Moving Averages, along with information on the Average Directional Index (ADX) trend strength indicator, the Moving Average Convergence Divergence (MACD) indicator, and the Average True Range indicator (ATR), all of which can be of great help when it comes to finding good entry and exit points.
Additionally, seminar participants also received practical advice on the importance of setting up trading strategies depending on the financial instruments traded, as well as relevant information on the role played by risk management in online trading.
The seminar was followed by the XM Lucky Draw, where we announced the two lucky winners and whom we would like to congratulate once again.