The Ascending Triangle Pattern Swing Trading System Is Another Explosive Chart Pattern Trading System That Can Bag You A Lot Of Pips Easily If You know what to look for. The ascending triangle chart pattern forms when two converging trendlines (support levels & resistance levels) converge to form an apex (point). The ascending triangle chart […]
The DeMark Trading Strategy was developed by a guy called Tom DeMark. I don’t need to go into detail about who Tom DeMark is. If you are interested, here is where you can find more about him. Click here. DeMark Strategy is based on drawing trendlines on recent swing highs or lows. And as soon as […]
Have you ever noticed that there are there are days when the candlesticks on your charts get very short? Here’s how this can happen: the market may be in a strong uptrend, meaning you will have lots of long green candlesticks showing on your charts. Soon, the market starts to slow down and this is […]
This forex trading strategy is very simple and easy to understand and execute. What you are looking for are two candlesticks with the almost the same lengths. They look like parallel railway tracks.(See forex chart below with the 2 candlesticks highlighted in blue) If the first candlestick is bearish (red) then the 2nd candlestick must […]
You by now, have seen and read many two(2) moving average crossover forex trading strategies. But this one here is bit different: you need to have 3 moving averages. Why tripple Moving Avearge? Well… The added Moving Average helps avoid false signals commonly encountered in the standard MA crossover. Forex Indicators Required: 10 EMA (fast) […]
There’s a guy somewhere over at forexfactory who has come up with some amazing forex trading strategies based largely on price action trading by the name of James16. James16 got a large following there regarding the type of strategies or the combination of forex trading strategies he uses there. I believe, he is no longer […]
This Is A Simple Breakout Forex Trading Strategy based on the GBPUSD forex pair. This breakout strategy is designed to capture an early move of price when it is starting to establish its trend or market direction for the day. TIMEFRAMES Here’s what you need to do about trading timeframes: The Frakfurt Market Opens at […]
Using The RSI indicator by itself as a forex trading strategy is not a good idea. RSI indicator is best combined with other forex indicators and tools to create a trading strategy to give it a much more reliable performance. When RSI is above 70, the market is considered overbought. When RSI is below 30, […]
This Heikin Ashi Forex Trading System is a trading system that allows you to stay in with the trend. How? I will explain shortly… Have you ever closed a trade thinking that the market is going to move in the other direction, only to find out later that it was just a “trick” just to make […]
When you study forex millionaires and how they got from where they where to where they are now, there are some very similar characteristics they all posses. How did Michel Marcus turn a $30,000 account into $80,000,000 in 20 years? How do these millionaire traders do what they do? Want to know the answer? Well, the […]
Posted in 
Tags: