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The multi trend signal MT4 indicator provides signals from the following technical trading indicators: ADX, RSI, MOM, CCI, OsMA, MACD, SAR, WPR and MA. It supports all time frames, from the 1 minute up to the monthly charts. You can change all indicator inputs. Download link: Click here to download the Multi Trend Signal.mq4 indicator […]Continue reading
“When reviewing daily charts, there’s a reason to feel optimistic once you identify two horizontal lines”, says a technical analyst. Since they indicate a high significance of resistance (as well as support) levels, two horizontal lines are telling a foreign exchange trader that he is granted a great trading opportunity. He can expect that the […]Continue reading
This is a classic swing trading strategy which is trying to catch the next immediate price movement in the direction of the prevailing trend. Three consecutive lower highs in an uptrend and higher lows in a downtrend show that the correction is exhausted and new move in the direction of the trend could be expected. […]Continue reading
The double top is a typical bearish reversal chart pattern found in forex that consists of two almost equal peaks. According to the original double top reversal trading rules, traders should go short on a sustained break of the neckline. I want to share my simple strategy to go short much earlier thus earning more […]Continue reading
The 50 pips daily breakout forex system is a very simple, yet effective system to trade daily breakouts. We simple set our entry, stop-loss and target level and ride the breakout on the daily time frame. You can apply this system to all major currency pairs (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/CAD and NZD/USD). Trading […]Continue reading
A simple forex trading strategy to trade daily time frame’s. It can be used on any currency pair and requires only 5-10 minutes of your time to check for valid trading setups. What is an inside candlestick bar? It’s a candlestick that completely forms within the previous candlestick daily high -daily low trading range. Download: […]Continue reading
As we consult the charts during our live webinars each day, when “long wicks” present themselves , we definitely take advantage of them in our trading plans. Let’s take a look at the Daily chart of the USDJPY below for an example… This USDJPY pair is in a downtrend on the Daily chart so we […]Continue reading
Amongst traders, the market condition that is, oftentimes, most neglected just so happens to be the condition that can seem to be most prevalent. While the big, trending moves that could potentially produce a thousand pips seem attractive – those moves are few and far between. And when the trader does catch one of these […]Continue reading
Bull flags and bear flags are common chart patterns that frequently appear on all currency pairs and timeframe’s. I am going to teach you my favorite strategy on how to trade flags in both uptrends and downtrends. The strategy is quite easy to understand and could be used by both forex beginners and seasoned traders […]Continue reading
Technical analysis can be thought of as the observation of fundamental forces playing themselves out in terms of price action. For the most part, this is done by reviewing chart patterns and/or indicators in an effort to glean forward expectations based on past behavior. Some price patterns, though, are less easily noted by looking for […]Continue reading
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