Forex Basic Strategies

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A collection of the most basic strategies

How To Trade Options With a Directional Bias Strategy

Introduction A challenging question every trader comes across in his trading career is: whether he should be buying a call option or a put option? Traders establish directional bias by

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 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...

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...

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.

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...

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

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...

Understanding Welles Wilder PSAR Indicator

Introduction The Parabolic Stop and Reverse system was presented by Welles Wilder in his classic book New Concepts in Technical Trading in 1978, and he originally calls it The Parabolic

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

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.

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...

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.

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