Forex Basic Strategies

Home Forex Trading Strategies Forex Basic Strategies
A collection of the most basic strategies

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...

You Must Definitely Try These Most Promising Bollinger Bands Strategies

Understanding Bollinger Bands Bollinger Bands is one of the most famous indicators out there, developed by a technical analyst named John Bollinger in the 1980s. This indicator primarily identifies the

Timing Buying Entries Using Bullish Pennants and Awesome Oscillator

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...

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.

Trading Price Channels Like A Professional Forex Trader

Introduction One of the most important characteristics of price in the Forex market is that it moves in the form of channels 20-25% of the time. So it is crucial

Trading Trend Line Breakouts Using the TEMA Indicator

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.

Pivot Trading Strategy – Easiest Way To Trade Pivot Points

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...

Perfecting The Fibonacci Retracements Trading Strategy

Introduction The Fibonacci tool was developed by Leonardo Pisano, who was born in 1175 AD in Italy. Pisano was one of the greatest mathematicians of the middle ages. He brought

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...

How to Trade Your Way From 500€ Up to $1 Million

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

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...

Beginners’ Tabula Rasa Advantage: Simple Moving Averages Strategy

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

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...

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...

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...

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...

Everything About The ‘RSI Rollercoaster’ Forex Trading Strategy

Introduction Sometimes it is best to choose the simplest path of trading. The Relative Strength Index (RSI), invented by Welles Wilder, is one of the...