Stop drawing trend lines yourself and use the advanced trendlines indicator for Metatrader 4. This indicator draws key support and resistance trend lines on any chart and time frame. It also comes with projected price targets based on the breakout of support or resistance trend lines. Download link: Click here to download the AdvancedTrendlines.ex4 indicator […]Continue reading
The pin bar forex reversal strategy combines trend lines and pin bars in order to find great low risk to reward trade setups. It’s not uncommon to achieve risk to reward ratio’s 1:10. The strategy can be used on any timeframe and currency pair. Trading Tools 1) Trend lines 2) Any Timeframe 3) Any currency pair […]Continue reading
Personally, the rainbow guppy system invented by the Wicker is one of the most powerful forex trading systems i ever came across that can be used in many different yet profitable ways. Here’s how I use it in conjunction with rising and falling trend lines. It’s pretty easy and straight forward. The rainbow trend line […]Continue reading
The 15 pip breakout forex scalper is developed to trade the EURO/USD and GBP/USD with great accuracy during the Euro and US sessions. The average stop loss is only 8-9 pips wide while the minimum profit target is 15 pips or better. Tools of the trade • 1 Min forex chart • Falling and rising […]Continue reading
The use of trendline channels are a very easy way to determine profit target levels in forex. How does it work in downtrends? You go short at the upper trendline and take profits at the lower trendline. How does it work in uptrends? You go long at the lower trendline and exit the long trade at […]Continue reading
A sustained break is generally referred to as a break that has the power to close above/below a trend channel or to close above/below a critical level of support or resistance. A sustained break hints a continued move in the same direction of the breakout. Let’s have a look at some trading examples below for better […]Continue reading
Utilizing risk-to-reward ratio’s in forex is a popular and easy way to determine profit targets (exiting the trade). The first step is to calculate the total risk involved in the trade as follows: I. For buy trades entry level – (stop loss level – spread) II. For short trades (stop loss level + spread) – […]Continue reading
This is one of my favorite trading strategies. The rising trend line forex reversal strategy, confirmed by the laquerre indicator and the EMA crossover indicator. Chart Setup Time frame’s: 1 Hour and above Pairs: Any pairs of your choice Download link: Click here to download the Rising Trend Line Forex Reversal Strategy Forex Indicators: Laguerre.ex4 […]Continue reading
1-2-3 forex reversal pattern strategy predicts turning points at an early stage in the currency pair trend. Two patterns: 1-2-3 to reversal and 1-2-3 bottom reversal. 1-2-3 Forex Top Reversal Pattern Used to predict turning points in a bullish market. 1. The rising trend line is broken. (1) 2. Bulls make another run upwards but fail […]Continue reading
The Setup For short entries, draw a trend line connecting the support bottoms and wait until the support trend line is broken. Always wait until the candle is completed (use closing prices to avoid fake entries). Then enter a short position in the market. Place stop loss 2 pips above the entry candle. Tip: Download […]Continue reading
Brand New Forex System With Super Accurate And Fast Signals Generating Technology.
Forex Analyzer PRO generates buy and sell signals right on your chart with laser accuracy and NEVER REPAINTS!