In this overview, we will discuss an interesting and useful indicator called High_Low. It helps the trader to find important support/resistance levels on the chart.
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Today, we will get acquainted with the MFI (Market Facilitation Index). It was developed by an experienced trader Bill Williams and described in his book “The Trading Chaos”.
Speaking about psychological competences, important for a trader, I would first and foremost single out emotional intelligence.
A Forex strategy called Supremacy is a trading strategy based not so much on classic tech analysis but on studying the positions of other traders.
In this overview, we will discuss the use of the Force Index. This indicator from the group of oscillators was designed and first applied to trading by a famous market expert Alexander Elder.
The Ichimoku indicator has long been acknowledged as an efficient market instrument for defining the prevailing trend. It frees the trader from the need to detect such important things on the chart as the support and resistance levels as well as the areas that do not suit for trading.
This method is known as a solution-focused approach and is currently the quickest way of acquiring a positive attitude. It was described by a famous psychologist working with traders – Brett Steenbarger.
The publication of the unemployment rate data may noticeably increase market volatility. Many traders call Non-Farm Payrolls an index that moves markets, however, it cannot reverse the current trend.
In this review, we will discuss such a notion as slippage. This is quite a frequent phenomenon in Forex and other financial markets that influences the opening and closing prices of a position.
Today we will talk about price action analysis, an important aspect of technical analysis on Forex. Price Action analyzes price behavior and patterns and can identify almost any market trend.
In this review, we will get acquainted with trading the Diamond. This is a reversal tech analysis pattern promising a correction or a reversal of the current trend.
Today, we will speak about another trading strategy meant for minute charts, with a potential profit of 10-15 points per trade. The characteristic feature of this strategy is the use of the ADX indicator on small timeframes: normally, it is used on daily charts, as its author advised.
In this overview, we will discuss trading the Rectangle pattern. This is a universal tech analysis pattern that may be traded both individually and as a part of other patterns.
The Ten Point trading strategy is well-known by a wide circle of market participants and is based on simple entry rules; the percentage of profitable trades is quite high.
A sharp move the market takes back on the next candle: how to spot a spike, why it forms and how to trade it with a stop beyond the extreme.