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...
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 defned as a fakeout? That is to say, a breakout...
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...
This kind of a question is with us in one form or another , for as long as Human Civilization exists. First Plough, first Steam machine, first Electric bulb, first Computer …..million “First” things human invented and...
Combining various indicators to get the best results when trading is obviously in your best interest. You don’t want to rely on a single indicator as this is prone to error when you look only at the...
If I told you that there was a large order in the market to buy EUR and sell GBP would you be looking to sell EURUSD and buy GBPUSD, do the opposite or step aside as the order...
The Ichimoku Kinko Hyo is an indicator that stands out given its unique name. The name comes from Japanese origins as this indicator was invented by a Japanese investor many decades ago. Ichimoku Kinko Hyo translates to one...
Previous 8 days were all but positive for EURUSD, and the data came out quite disappointing for majority of players. After kind of frenzy in expectations that Interest Rates will be Cut soon, first came the cold...
I was asked whether it is possible to arbitrage price differences between two brokers. Let’s start with a definition of arbitrage and then discuss whether it is feasible. Arbitrage is defined as the simultaneous buying and selling of...
J. Welles Wilder developed the tool that he called the Relative Strength Index or RSI. The purpose of his tool is to try to determine the relative strength of the market at any given time. Using this...