Forex Trading Strategies

Introduction

Hundreds and hundreds of trading tools make it super easy for the traders to trade the markets. There are candlestick patterns, indicators, price action...

Trading the markets is an art, which is hard to master but very fruitful in the long run. There are various tools that traders...

Above the market is an order type that executes above the current market prices or we can say order triggers in the future at...

Traders believe if they need to trade the forex market, they need to keep up with the - news, fundamental analysis, you must check the various reports, read the currency articles, and then finally use the technical analysis where all the type of indicators are available for you to master them then only start the trading. If you want to avoid these things, then there is another way for you. Price action trading is a simple and effective method you can use to trade the markets successfully. Here you don't need to master the fundamentals or indicators, instead focus purely on what price action is saying.

A stop loss is an order placed by a trader on any underlying asset, the order remains until the price action reaches that specific...

Double top and Double Bottom is a reversal pattern that occurs when the underlying asset moves in a similar pattern of ‘M’ { Double...

Trading is a game where one side makes money, and another loses; it's the one bad decision of one trader that is a benefit...

In this article, we paired the Bullish Pennant trading pattern with Awesome Indicator to identify the trading signals. BULLISH PENNANT PATTERN Bullish Pennant is a continuation...

Trend line breakouts are a price action way to trade the markets. Trend line comes in a different variety of forms, and they can vary in length and significance.  Trend lines are used to get a quick idea of the underlying security direction; also, the traders use them to find out the ascending/descending support and resistance areas on the chart. From lower to higher timeframe trend lines are being used for trading with the trend, countering trend moves and even scalpers used it to scalp the markets.

For the years traders and market technicians often used some of the common and basic technical tools to analyze the market. These are some...

The double Bottom is a technical chart pattern, which helps to identify the change in the direction of the selling trend. The pattern looks...

Pivot points are the significant levels used by the market technician to determine the future movement and the major support/resistance levels on the price...

The ascending triangle is known as the continuation pattern because the breakout occurs in the same direction as the trend that is in the place before the pattern forming. It is a bullish pattern that indicates the accumulation and some traders also called it a right-angle triangle. The pattern is first drawn by the horizontal line along with the swing highs and the rising trend line to be drawn at the swing lows. When these two lines met, it forms the ascending triangle pattern. The breakout on the pattern can occur on the upside or downside and if the breakout occurs downside, then the pattern invalid and if the breakout occurs on the upside then only take entry.

Cup and Handle is a classical reversal chart pattern, defined by William J. O'Neil in his 1988 book "How to Make Money in Stocks"....

The significant advantage of the forex market is it opens 24 hours a day, which provides a couple of trading opportunities to traders around the globe. There are four major trading sessions that exist, the first one of Asia, followed by Frankfurt, London, and New York. All of these are the significant sessions that allow investors to trade even in opening sessions or even in the middle of the night. But not all the trading sessions are equally volatile; for example, London and New York are the biggest sessions where a lot of volume traded, and on the other hand, traders believe that the Frankfurt and Asian sessions are the least traded session in the market.

Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to...

In this guide, I only intend to show you how I structure my trading by trading in the currency market. If you can give...

Before you start you may wonder why a consistent trading strategy and what exactly this means. One of the biggest problems you will know...

Time, something that forex trading needs a lot of, and there are a lot of different things that you can be spending your time...

There's so much to know about scalping strategies. Scalping can provide fast, unlimited profits, but does come with risk. Knowing how to choose the...

In this article what I want to tell you is one of my strategies that is working well in real life using the CAD/JPY...

Scalping strategies on Forex are quite popular among beginner traders, although it is not really fully justified. High-frequency trading (keeping the market position for...

We’ve covered money management, trade management, and trading psychology's biggest strategy sabotaging tactics in the first three articles of this series, and now, we...

We are on a mission here! We’ve dismantled some major fallacies and we are finally ready to come undone, free of misconceptions and wishful...

If you don’t know what the problems with your strategies are, you probably didn’t read the first article of this series. The short answers...

If you are so keen on wiping your account off the map, you are welcome to follow this new series of articles that comprise...

We want you to have new ideas popping out about how you can trade different strategies or apply them directly, and that is exactly...

Heikin Ashi is a chart modification that transforms how candles are presented so a trader can see a trend more clearly. Noise reduction is...

Customized strategies usually have rigid structures that are not performing well on other currency pairs or markets. This one we represent in this article...

The following strategy example is similar to our previous Heikin Ashi strategy, however, this one is more radical in noise reduction. It is the...

In the final article of our five strategy series, we will present one of the most successful strategies containing two not-so-popular indicators. Whatsmore, these...

Although I’m a trader of Forex, you have to admit there is likely to be more money to be earned on stocks than on...

If we refer to Dan Zanger, Rob Booker, among others, we can say that yes, that they have achieved high returns from relatively small...

Introduction