Price action trend reversal strategies are old as technical analysis. Before trading theories and indicators appeared, traders used naked charts to spot the best trade. Technical analysis using price action is the purest approach to markets. Because there’s no indicator to blur the charts, trades become apparent. Moreover, when applying money management rules, trend reversal […]
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 […]
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 […]
