Reversal Strategy: The 1-2-3 Pattern
Introduction One of the reversal strategies that can be used to trade market reversals is the Fibonacci-based 1-2-3 pattern strategy. No matter how far markets move, there will always be […] read more
Introduction One of the reversal strategies that can be used to trade market reversals is the Fibonacci-based 1-2-3 pattern strategy. No matter how far markets move, there will always be […] read more
London Breakout Strategy The London Open Breakout strategy is similar to the New York Open Breakout strategy in terms of strategy and implementation. The only difference is that the London […] read more
Introduction The New York Breakout strategy is traded within the opening hours of the New York forex time zone. It is meant to catch the big moves that occur in […] read more
Introduction The strategy to be discussed today is one which is known as the Heiken Ashi forex strategy. The Heiken Ashi candle is a customized form of representation of price […] read more
Introduction This is an intraday trading strategy which will involve two moving averages as well as the conventional MACD indicator which is found on the MT4 platform. The strategy is […] read more
Introduction This strategy involves using the Parabolic SAR in its default settings as part of a price breakout system which is very simple to use. It can be used on […] read more
Introduction This is yet another strategy which utilizes another component of the Ichimoku Kinko Hyo indicator known as the Kumo or cloud. The Kumo acts as a support/resistance instrument and […] read more
Introduction The basis of the MACD divergence strategy is the fact that the MACD is a leading indicator which sometimes points to change in trend of price action, before the […] read more
Introduction The Basic Bollinger strategy is meant to demonstrate one of the ways in which range bound market conditions can be traded in forex. The strategy uses the Bollinger bands […] read more
Introduction The Gartley patterns are another set of Fibonacci ratios-based strategies, named after the man who first described them, H.M Gartley. His 1935 book called Trading Chaos, is where this […] read more
Introduction This strategy is a breakout strategy which will involve the use of several indicators as an alternative method of finding breakout situations. The four hour chart is the chart […] read more
Introduction A trendline is a line plotted by the line tool to connect the highest or the lowest prices that are displayed on the chart. In essence, they mark out […] read more
Introduction Sometimes, I get asked if there is no way to take a long term trade; enabling a trader to trade a few times in a month with the potential […] read more
Introduction The channel bounce is one of the easiest forex trading strategies that any trader can use to make money. This is especially suited for beginners because of its simplicity […] read more
Introduction The strategy to be discussed is a variety of the Elliot wave pattern known as the inverted triangular wave strategy. This pattern is very rare but when it occurs, […] read more