After weeks of so many speculations and questions : “ Is BoJ going to intervene and where “ we got a simple answer – NO Even if Boj did some undercover work and used lots of senseless...
Yesterday we have seen a strong move Up , driven by the data . Resistance at 1.06700 was taken out ( now acts as a support ) , and we have closed the day Above the sharp...
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that would provide you with everything that you needed to invest perfectly every time?...
The types of breakouts in trading that you are looking for in the Forex market tend to fall into three categories. They are: Continuation breakouts Reversal breakouts False breakouts Understanding what type of breakout you are viewing...
Volatility is something that traders always need to keep an eye out for. It can create opportunities in the market to take advantage of price fluctuations in a certain period of time. However, it can also increase...
Fibonacci retracements are horizontal lines where there is potential support or resistance in a currency pair. These are drawn by the trader themselves, and they are meant to be used to discover where they may be price...
Introduction to Fibonacci Trading No matter what kind of trader you turn out to be, you need to use Fibonacci trading as a major part of any strategy. People like to combine different indicators and time frames...
Wouldn’t you prefer to know the strength of a trend no matter which direction that trend was headed in? Knowing how strong a trend is can potentially help you decide how large of a trade you should...
The Parabolic SAR indicator is a trend-finding tool. Learning how to figure out when the trend in an asset ends is critically important to know what to do next. The Parabolic SAR tool helps traders fnd where...
I was asked the following question, I have seen you use the term “liquidating market” and my question is how do you define it and how do you trade it? What is a liquidating market? A liquidating...
Pivot points don’t hold on forever. There comes a time when the market moves beyond the pivot points that you see, just like the market moves past resistance and support points at times as well. This is...
How to Calculate Pivot Points? Pivot points are calculated by taking the previous session’s open, close, high, and low points. This is a little confusing for some people because they know that the market is a 24-hour...