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.
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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.
Today, we will get acquainted with the Spike pattern. It is rather rare on charts but provides decent trading opportunities.
In this review, we will get acquainted with a quite simple and useful indicator called Donchian Channel. This is the indicator that the famous Turtle trend strategy is based on.
The Midnight trading strategy is a curious way to work on daily charts. It requires very little time from the trader: just assess the charts at midnight, place pending orders, correct and track changes (at midnight only).
In this article, we’ll talk about a group of indicators called xSuperTrend, application of which, together with certain rules, may provide trading on the Forex market with positive mathematical expectations.
In this article, we’ll talk about a term called volatility. It’s a very important parameter of the financial instrument price, which is used for forecasts and trading.
Let us get started with the simplest questions: how did you find yourself in Forex? What was the reason for you to get interested in such a thing?