Every trader around the world heard of the Relative Strength Index, also known as the rsi technical indicator. No matter if trend followers or reversal’s hunters, traders use the Forex rsi oscillator for market entry/exit. Technological advances forced both brokers and retail traders to “step up” to the game. Back in time, technical analysis was […]
This time I will be showing you how to use the MACD indicator. The trade shows a bullish divergence between the price action and the Forex MACD which was the reason for the long trade I took with the USD/CAD. Signals for the Forex MACD Trade The MACD indicator lines were showing increasing bottoms while the […]
A Forex trader buys or sells a currency pair. The idea is to profit from its volatility. This is why traders favor major pairs and not crosses. This represents only one of the Forex strategy secrets successful traders use. On top of that, traders search for a trading system to eliminate fear and greed. Unfortunately, […]
Any trading platform offers multiple indicators for analyzing a market. Either trend ones or oscillators, they help traders finding places to buy or sell. The Forex Stochastic oscillator is an accurate indicator for both scalping and swing trading. Moreover, the stochastic oscillator formula is simple and easy to use. Trading is a game of probabilities. […]
The Alligator indicator is a great Forex trading tool that has been fascinating traders for a long time. While not a moving average, riding trends is its main quality. This article shows how to use the Alligator indicator in Forex in a profitable trading way. Although it has a funny name, the indicator shows the power […]
In this live Forex trading example, we managed to trade one of the best Forex chart patterns – the Head and Shoulders. We spotted the structure of the figure and we shorted the GBP/USD on the assumption that the price was about to decrease. Have a look at the video to see how to tackle […]
In this live Forex trading example I managed to record a successful trade taken based on a Cup and Handle chart pattern. This is one of the extraordinary patterns that you can see on the chart. I managed to identify a Forex Cup and Handle on the chart and I tackled the situation with a […]
In this live Forex trading video I managed to confirm a regular Forex breakout in trend with additional breakout that came through the lower level of an Expanding Triangle. This way I confirmed a double Forex breakout signal, which was the reason for my short trade. Signals of the Double Forex Breakout Trade The price […]
In this material I will introduce you to a very interesting custom indicator used to spot current trends. This is the Forex Dashboard Indicator that goes on your chart and signals the trending status of Forex pairs. Here you will learn the details of this indicator and you will also be able to download the Trading […]
This time I will be showing you how to trade successfully the Falling Wedge – one of the best chart patterns in Forex. The video will demonstrate you the pattern in action and the consequences of its confirmation. Falling Wedge Pattern Trade After a sharper price decrease, the price slowed down its intensity and it […]
