Forex traders have a difficult task: to know where the price goes next. For this, they use both technical fundamental analysis. Fibonacci retracement levels and the rest of the Forex Fibonacci tools form the basis of almost any trading theory. Starting with basic support and resistance levels and ending with complex theories like the Elliott […]
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 […]
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 […]
This time I am proud to show you the longest trade I have on record. It took place on the AUD/USD Forex chart and I opened it on signals from the Forex Alligator. I used the basic signals of the Alligator indicator trading system, which got me into an emerging bearish trend with the Aussie. But first, let’s […]
In this live Forex trading example I use the Relative Strength Index a.k.a. RSI indicator to discover a trading signal. The video shows how to trade a bearish divergence RSI signal in a combination with price action. Signals of the Bearish Divergence RSI Trade The general price action is increasing, while the RSI indicator line […]
The Moving Average (MA) is a trend indicator. Like any other trend indicator, moving averages add to the actual chart. This is where the price action takes place. In this article we will go through the best moving average strategies in Forex. Many trading platforms place an oscillator at the bottom of a chart, in a separate window. This […]
This time we combined a 10-period and a 20-period Simple Moving Average indicators with the Volume indicator. We managed to recognize signals from these tools and to do a successful long trade in the USD/JPY chart. Live Trading Example Moving Average and Volume Indicator Signals The 5-minute chart of the USD/JPY shows a price increase […]
This time I decided to use a leading indicator for my live Forex trading video example. Today I will show you how the Stochastic Oscillator Forex trading works. Notice that the indicator is attached to the bottom of my chart and I use it in combination with price action to attain signals on the chart. […]
The Bollinger Bands indicator is perhaps the most popular trend indicator when analyzing a currency pair. Like any trend indicator, it is applied directly to the chart. Also, it is mostly used to find entries for riding a trend. These could be buying dips in a rising trend or selling spikes in a falling one. […]
