5.0 01 There are many different ways to approach the market. One method that may surprise some is to trade a breakout in a strong directional markets. Below we can find a great example using the EURUSD daily chart. It has been trending lower for the last two months, and has declinedRead More →
0.0 00 Most traders are familiar with technical and fundamental analysis. There are several ways to use these two methods to analyse the forex market, but, in general, fundamental analysis examines the reasons that the market moves and technical analysis tries to find out when the movement will occur. ThereRead More →
5.0 01 This strategy is a basic scalping strategy that aims to make quick gains off of the day’s high or low. The rules for entry are very basic and easy to follow. Exit, on the other hand, requires you to make a judgement call and/or to use a stop-loss. This techniqueRead More →
0.0 00 The art of placing your stop-loss levels and take profit levels is a fairly broad subject. This article doesn’t cover everything detail, but it will give you a good overview of the most important things you need to know. Where does one place a stop-loss? Let’s talk aboutRead More →
0.0 00 One of the most important aspects of forex trading that many traders don’t seem to know is that they should never expect a specific trade to be either profitable or unprofitable. This may seem weird, but this is important. Even if you have a trading strategy that hasRead More →
0.0 00 The Falsey candlestick structure Fakey is a potentially reliable short term (and sometimes long-term) indicator of the market’s direction. A falsey is the false break of an inner candlestick. The falsey indicates that institutional traders (banks and hedge funds) have hunted down the stop loss levels of smallRead More →
0.0 00 The inside candlestick An inside candlestick is a good indicator that a bullish or a bearish price trend will keep on going in the same direction. An inside candlestick has a lower high than the previous candlestick and a higher low than the previous one. This inside candlestick suggestsRead More →
0.0 00 1 – Bar types Upward bars: each high and low is higher than the previous ones. The bars indicate that we are witnessing an uptrend. You’ll notice that the closing price is higher than the opening price until the trend reverses and the closing price is now belowRead More →
0.0 00 The following pivot point trading strategy has been around for a long time. It was originally used by floor traders. This was a nice and easy way for floor traders to have an idea of where the market was going during the course of the day using justRead More →
0.0 00 On this page, we’ll be exploring the “grid trading” strategy. Those who use this techique claim that its principles are totally contrary to what is normally taught about risk management and market trading in general, but they also claim that it works and that, if used correctly, itRead More →
0.0 00 For professional traders, the analysis of support and resistance levels in the foreign exchange market is a key component of technical analysis. Here are some cases where you can use a support and resistance forex trading strategy on trend lines. Please note that it is sometimes difficult to connect specificRead More →
0.0 00 The RSI is one of the most frequently used technical indicators by both private and professional traders. Its ease of use and added value when trading the markets make it the key tool of any trader or technical analyst. RSI definition What is the RSI indicator? The Relative StrengthRead More →
0.0 00 (updated with a 2nd, and a 3rd lower-risk strategy, scroll down to bottom of the page!) The forex trading technique below is simply…awesome. If you are able to look at a chart and identify when the market is trending, then you can make a bundle using the below technique.Read More →
5.0 01 Introduction The formation of a pin bar is in fact a trend reversal which consists of 3 bars. The term “Pin Bar” is an abbreviation of the term “Pinocchio Bar”. Let’s take a look at how a pin bar is formed and how we can make money fromRead More →