Forex Basic Strategies

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A collection of the most basic strategies

Learning To Trade The ‘Order Block’ Forex Strategy

Introduction Order block is a market behavior that indicates order collection from financial institutions and banks. Prominent financial institutes and central banks drive the forex...

Heard Of The Amazing ’20 Pips Per Day’ Strategy?

Introduction Forex is the most liquid and volatile market in the world. The average pip movement in the major currency pairs is around 100 pips. However, as a retail trader

The ‘Daily High Low’ Based Forex Trading Strategy

Introduction The daily high low based forex trading strategy is a breakout trading strategy from the high and low prices in the daily timeframe. In...

How To Trade The Infamous Turtle Soup Strategy?

In this article, we shall be covering the Turtle soup strategy by fading the Donchian channel, and Connor’s RSI strategy. What is

Trading Reversals Using Bullish Reversal Candlestick Patterns

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 Strategy For the CAD/JPY Currency Pair

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...

Using Bollinger Bands to Time the Rectangle Pattern

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

Four Powerful Above the Market Trading Strategies that Work

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

Trading the Forex Market Without Using the Stop-Loss Order

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

Trading the Double Top and Double Bottom Patterns Using the Accelerator...

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

Renko Charts Trading Strategy

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

Trading The Most Simple Yet Profitable ‘MACD Combo Strategy’!

Introduction Theoretically, trend trading is easy. All we need to do is keep buying as long as we see the price rising and keep selling...

Timing the Cup and Handle Pattern Using the Trix Indicator

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"....

Trading the Forex Market Without Indicators and Still Profiting

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.

Advantages and Disadvantages of Scalping Strategies

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...

Using the Donchian Indicator to Trade Price Channels

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...

Trading The High Low Breakout ‘Asian Forex Session’

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.

Understanding The Volatility Breakout Strategy

Introduction Breakout trading is one of the most common and popular strategies among traders across the world. In this article, we have added a powerful concept to this strategy, which

The Most Simple Scalping Strategy To Trade The Forex Market!

What is Scalping? Scalping is one of the trading styles in the forex market, which is gaining popularity with the emergence of artificial intelligence and automated trading systems. Nowadays, there

What Should Know About Trading Ranges Using Support & Resistance?

What is Range trading? It is said that the market only trends for 30% of the time. So it becomes necessary to have a range trading strategy to take advantage

Significance of Breakout Confirmation or Reversal at Pullback

Breakout trading is one of the most widely used trading strategies in the Forex market. Breakout confirmation is equally important. Without breakout confirmation, a breakout may not work in favor of the traders in many cases. Thus, if we want to have a tremendous rate of winning, we may wait for breakout confirmation or reversal at pullback before taking entry. In today’s lesson, we are going to demonstrate an example of this.

Trading The ‘Diamond Pattern’ Can Be Extremely Profitable If Traded Correctly

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

Trade Breakouts Like A Pro With This ‘Breakout Trading Strategy’

Introduction In previous strategies article, we have discussed the 'Turtle Soup Strategy by fading the Donchian channel.' We hope you tried that strategy. In today’s article, let us discuss how

Heikin Ashi Pure Trading: HA With Williams %R Spin

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