Here are some very useful Forex Indicators For Swing Trading: #1: THE PIN BAR INDICATOR The Pin Bar Indicator Is A Very easy indicator to use. It can only work with the Metatrader4 Trading Platform. For More Explanation check click this link: Pin Bar Indicator To Download the Pin Bar Indicator, click this link: PinbarDetector […]
If you are a forex swing trader, one of the big questions you will face is “how can you effectively lock in profits and trail stop your trades?” Let face it… We all want to extract as many pips as we can out of a swing trade, right? But not many know the effective ways […]
Horizontal Support and Resistance Trading is a very popular forex trading system that is used by many traders worldwide. To know how to use support and resistance trading effectively, you first need to know how to identify support and resistence levels. How To Recognize Support & Resistance Levels Its very simple to find support and resistance […]
Another form of support and resistance trading is called the Support Turned Resistance and Resistance Turned Support trading system. How The Support Turned Resistance And Resistance Turned Support Trading System Works Sometimes when price breaks a strong level of support, at some stage in the future, price rises back up to this support level […]
The Bearish Pennant Trading Strategy is an effective forex trading strategy that is based on the bearish pennant pattern. With the Bearish Pennant Trading Strategy, you do not require any other forex indicators. Its all based on Price Action Trading. The Bearish Pennant Trading Strategy only requires you to be familiar with how to draw […]
The 3EMAS swing trading system is a very simple trading strategy that is based on 3 exponential moving averages(ema). These are 10ema, 25ema and the 50ema. A trade is initiated on the FAILURE of the retracement that happens after the 10ema crosses the 50ema . Now, you may wonder, why not initiate a trade when the 10ema crosses the 25ema on […]
Three White Soldiers & Three Black Crows, what’s these got to do with forex swing trading??? Well, relax, these are the names given to two very specific reversal candlestick chart patterns shown below: Three white soldiers pattern The three white soldiers pattern is a bullish reversal candlestick pattern and here is how it forms: first […]
This ADX Swing Trading Strategy is based on the ADX Indicator. If you don’t know what the ADX indicator is, here is a brief lesson: This indicator stands for Average Directional Index The ADX indicator measures the strength of a trend and can be useful to determine if a trend is strong or weak. ADX will […]
This CCI Swing Trading Strategy is based on the Commodity Channel Indicator. A bit of history and lesson about the CCI: Commodity Channel Index (CCI) is an oscillator introduced by Donald Lambert in 1980. Though its name refers to commodities, it can also be useful in equities and currency trading as well. CCI measures the […]
Here’s how many traders would normally trade a daily pin bar: as soon as the high of the daily pin bar is broken, a buy order is initiated and stop loss is placed below the low of the pin bar. But I believe this is not the best way of trading the pin bar and […]
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