Forex Basic Strategies

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A collection of the most basic strategies

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...

Consolidation Length: An Important Aspect of Price Action Trading

In price action trading, new traders at their beginning often ignore an important factor. This leads them towards taking losing entries. In today’s lesson, we are going to demonstrate an example of a winning trade and a losing trade on the same pair. Later, we try to find out what that important factor is.

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...

Learning The Art Of Fading In Trading

What is Fading? Fading involves placing trades against the trend to profit from a reversal. Using the concept of fading, a trader will short sell, expecting the momentum to fade

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 ‘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...

Chaikin Money Flow Custom Trading

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

Detailed Instructions for How to Structure Your Forex Trades

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

The ABC pattern: One of the Traders’ Favorites

Trading ABC pattern is one of the most frequently used trading strategies by Forex/financial traders. Once the price makes a breakout, makes a correction, and produces a reversal candle upon finding point C, traders trigger their entry. It is a favorite pattern among all kinds of financial traders. It brings profit at least on 80% occasions. In today’s lesson, we are going to demonstrate an example of an ABC pattern trading.

Have You Tried This ‘Power Ranger’ Forex Trading Strategy?

Introduction The forex market either trends or moves in a range. The last strategy was dedicated to trading the range. The strategy we will be...

Algorithmic Trading 101

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...

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...

The Case for Average True Range-based Stop-loss Settings

Most traders are taught to use stop-losses based on critical levels. The basic idea is to spot invalidation levels based on previous low or high. The assumption is that by

Support, Resistance and Trade Management

-Support and Resistance are the two most important concepts in the financial market. Forex traders strongly rely on support and resistance, as well. Price action traders’ main weapon is support and resistance. In today’s article, we are going to demonstrate an example of how the price reacts to a major level of support and resistance. Let us get started.

Trading the Stock Exchange Using the Livermore Method

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...

Trading The ‘Trend Bouncer Strategy’ Using Appropriate Risk Management Techniques

Introduction The activation of a trend can be from a political decision or an improvement in the GDP of the economy. Some other reasons include...

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

Why You Should Spend More Time Working on Strategies

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

Learning To Trade The Forex Market Using ‘2-Period RSI’ Trading Strategy

Introduction When we look for a trade setup, most of the times we do not have an idea of the strategy, we will be using...