Learn simple-to-use Forex trading strategies that work for beginners and advanced traders alike. Learn how to buy and sell currency pairs the easy way!
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 … Read more
Chart pattern recognition has continues to be an indispensable means of trading the currency market. The different types of chart setup can lead to a bit of confusion on which one I best for you. The Inverted Head & Shoulders forex reversal pattern trading strategy … Read more
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 … Read more
Price action in the forex market forms trend lines and is kept in check by trend lines. It is a well-known fact that as one trend line is breached, another one takes shape and the cycle is sustained. The Rising Trend Line forex reversal strategy … Read more
Traders sought out for range-bound zones when trading the forex market, and they tend to do this in a bid to spot possible breakouts. The theme here is to spot range areas in the market, having it mind that such zones precedes a possible breakout, … Read more
Swing traders are able to deploy Fibonacci retracement to gauge support and resistance levels for price, and also determine possible zones for price reversal. Swing traders deploy Fibonacci levels as a tool to trigger and exit positions in the market. Chart Setup MetaTrader4 Indicators: 20 … Read more
At some point in every trader’s career, it’s impossible to deemphasize the need for Fibonacci retracement tool in plotting crucial levels in the market. The Forex Fibonacci strategy for day traders is designed to allow short term market following price retracement. Chart Setup MetaTrader4 Indicators: … Read more
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 … Read more
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). … Read more
Trend lines are line tools that are used to link the highest or the lowest prices that are represented on the activity chart. Their ability to map out zones of support and resistance leads to quick identification of price breakouts. Moreover, if you add some … Read more