Spikes in the forex market are quite tempting to trade, but to be able to do so you’ll need to know what makes up a forex currency price spike. Spikes are essentially steep, fast rallies witnessed in currency price and are a direct result of very important fundamental event risk like the non-farm payrolls report […]Continue reading
The ability to measure volatility in the market is key to profitability and traders are keen on knowing how this panes out at every given instance in the market. The Bollinger Band Rollercoaster forex trading strategy is designed to help traders take advantage of market volatility. It provides traders with accurate buy and sell signals. […]Continue reading
The Divergence forex trading strategy is a mechanical trading system that is based on classical bullish or bearish divergence. It is often said that divergence is a leading indicator, and it is incorporated into this strategy to help traders with a low risk method to buy near the bottom and sell near the top. Chart […]Continue reading
A breakout that failed to continue beyond a level yields a “fake” breakout of that level. Considering the vast number of breakout in the market that turns out unsuccessful, it is important to have a system ready that deals with such scenarios. Fake breakouts tend to commonly occur in “Head and Shoulders” and “Double Top/Bottom” […]Continue reading
The inverted Head and Shoulders pattern forex strategy is commonly used to trade reversals in a significant down trending currency market. It consists of a left shoulder, head and right shoulder. The neckline connects the left and right shoulder. The idea is to take a long position if the market closes above the neckline after the […]Continue reading
The Rainbow forex reversal trading strategy tracks down bullish and bearish price reversals on the activity chart. If you’re in search of a forex trading strategy that rolls in the profits, yet simple enough for just about anyone, then look no further, as the Rainbow strategy is suitable enough for such a role. Chart Setup […]Continue reading
If you’re looking for a very profitable forex pattern that can be seen on all time frame’s and currency pairs, then look no further. It’s called the 1-2-3 trading pattern and forms on every market turning point. The 1-2-3 Forex Reversal Pattern strategy offers traders buy and sell signals based on the popular 1-2-3 pattern […]Continue reading
When in need of a reliable reversal pattern, the Head and Shoulders pattern offers a lot more when combined with basic trading indicators. The pattern is shaped in form of a peak (shoulder), tailed by a higher peak (head), and one additional lower peak (shoulder). Learn how to buy and sell forex with the Head […]Continue reading
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