Image credit Choosing the right supplier for your business isn’t something you should be doing based on the price point line. While the price you pay should be an influencing factor, it shouldn’t be the only one. After...
Regular divergence is used by traders to identify signs of a possible trend reversal. You will note that you can have either a bullish or bearish divergence, and you should be adept at spotting either one. Â Bullish...
It is a good idea to periodically review and evaluate one’s trading skills. One often hears the old saw that “even a broken clock shows the correct time twice a day”. This is a reference to a...
What does it mean to fade the breakout? This is the type of trade that one can make when they trade in the opposite direction of the breakout — or trading the FALSE breakout. You would always...
How do you detect fakeouts in trading? Wouldn’t you like to have some way of knowing that what you are viewing in the market could reasonably be defined as a fakeout? That is to say, a breakout...
You probably want to know about the strength of a breakout move before you decide if you are going to trade into that breakout or not. After all, the stronger the breakout, the more that you can...
Can you imagine a scenario where you could make money in the market no matter which direction it decided to move? Believe it or not, there are strategies that can help make that a reality for you....
There’s more than one and only one way to trade the news that comes out of the Forex market. Most reasonable people understand that this is not the case and that they need their own unique strategy...
Before you dive straight into trying to trade Forex news and develop a strategy around that, you should try to figure out which news stories are worth trying to trade in the first place. After all, you...
Setting Your Risk-Reward Ratio It is reasonable and a good idea to set up a risk to reward ratio for each trade that you enter. Knowing ahead of time how much you stand to gain versus how...
How to Understand the COT Report Anyone who wants to be involved in the currency market needs to understand how to find certain sources of information that they wouldn’t necessarily be all that concerned about in other...
Understanding the environment of the overall market around you is the only true way that you can make the kind of progress you need when you are attempting to trade the markets. There are situations when the...