The double bottom chart pattern is a bullish reversal price action chart pattern that develops in a down trend and is recognized by the appearance of a low, a rally, and then price revisiting the same zone of the previous bottom. It is much like it’s double top chart reversal pattern cousin except we are doing […]
Posted in Complex Swing Strategies 
Comments Off on How To Trade A Double Bottom Swing Trading StrategyTrading pin bars is a price action approach that are used as part of a Forex trading strategy. From a daily chart to an intra-day trading chart, pin bar trading is a popular approach used by traders looking to find a reversal in the market using price action. From neat names like shooting star and hammers […]
Traders can learn a lot from the various trading videos on Youtube and other networks. While there is a lot of fluff, you can find some great gems depending on your needs. 5 Success Principles You Can Work On Today Trading is more than just entering a trade and taking profits. There is a […]
The symmetrical triangle pattern trading strategy utilizes price action which is a form of technical analysis and is based on the symmetrical triangle- mostly considered a continuation pattern. When a symmetrical triangle formation is formed on the chart, it indicates a period of consolidation in a trend and after that, the trend may resume. The Symmetrical […]
Placing a stop loss or at least having a stop loss exit in mind is an important part of risk management. You should always have a place to exit and that will allow you to risk X % of your trading account instead of simply guessing. Keep in mind that as a person who trades, […]
Why are moving average trading strategies so popular? Moving averages are popular because they smooth out price “noise” and a quick look at a chart will show that trading the moving average crossover is an effective trading strategy. Or is it? WHAT IS A MOVING AVERAGE? A very popular technical indicator showing the average value of of a […]
Using Bollinger Bands with Stochastics as a swing trading strategy is a smart play considering how powerful these two trading indicators can be. With Bollinger Bands, we are able to judge the volatility of the market and know when the instrument is too far extended or when the market is in consolidation. When price travels […]
A Renko trading chart looks like a candlestick chart with no wicks or tails and with each bar having the same size, high to low. For traders who’ve never traded a Renko trading strategy either in Forex trading, Futures or even Stocks, you may be a little confused as to how to trade them. Figure […]
One of the best pieces of advice a Forex trader will every get is to stop jumping from one Forex trading system to the next “big thing”. I know it gets difficult when you are using one Forex strategy and then your inbox is jammed with offers for another trading method. I doubt you delete […]
You’d think that after all these years, people would stop complaining about “stop loss hunting” in Forex. Given that your Forex broker IS the market when a retail Forex trader places a trade, people should know that the broker knows where your stop is located. Not yours exactly but the bulk of stop loss orders […]
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