The history of money is a work in progress. Technical analysis of a financial product cannot exist in its actual form without a triangle chart pattern. Past patterns show a future forecast, and a Forex triangle is one of the most impressive ones. When thinking of money, modern traders don’t think of physical money. Money […]
They say the trend is your friend. Or, ride the trend until its end. But, what should a trend trader do to ride a Forex trend? Everyone wants to trade trending markets. The problem is that trends do not form that often. However, there’s a catch! Even if a currency pair ranges on the bigger […]
Every trader knows the Forex market spends most of the time in consolidation. This simple statement makes everyone looking for a perfect Forex breakout strategy. Breakout trading allows great risk-reward ratios. Because of this, Forex breakout trading strategies are popular among traders. What drives people to Forex trading is the ability to make money. Quick […]
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, […]
Dear Traders, I am happy to present you the replay of our FREE webinar on “What is Forex and How to Profit from Currency”. I would like to thank to the people that attended the webinar and who were active during this session that lasted for about 2 hours. Thank you! The others who were […]
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 […]
