ETX Capital are one of the oldest spread betting brokers in the UK. ETX was founded in 1965 as Monecor and remains a member of the London Stock exchange. They offer tight spreads as low as 0.6 on EuroDollar and 0.9 on other FX pairs. ETX has won some pretty decent awards including: Best Forex Educators UK Forex Awards 2017 and Best Trading Education Shares Awards 2017. Money AM Awards 2012 Best Online Charts. Investment Trends Award 2013 Best Value for Money and UK Forex Award 2013 Best Forex Trading Tool & Software (more info).
Moving Averages Moving averages are helpful in determining whether the market is in a strong uptrend, strong downtrend or is range bound. A market that is consistently above its n-period moving average is considered in an uptrend and therefore not suitable for range techniques. Likewise, one that tracks below its moving average is in a …
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