Hello Traders, today, I’m going to show you a very simple technique I use to place pending orders on diagonal trendlines. This is a manual technique (Chart Examples on how to do it shown below…scroll down). Now, this process can be simplified using an expert advisor which you can research to see if there are […]
I’m going to tell you a true story that has stuck in my mind for a very long time… and this story about “being 3ft from gold.” Keep persevering in trading because many times you will be very close to being a successful forex trader but you don’t know it. But how can you know […]
If you really want to trade high probability forex trading setups as they are forming on your charts you really need two main thing (this is my opinion, others may have theirs and you don’t have to believe me): And the next thing is: you need to know how to trade these setups. In this […]
Today we’re going to look at the EURUSD and see what we can expect from it. I started writing this post last week. At that time I took a look at the monthly chart to put the pair in perspective. You’ll see from the chart below that over the last couple of decades a significant […]
Price action trading, whether in Forex, Futures, Stocks or any other instrument, is simply reading what price is telling you and then taking action if your trading plan covers what is occurring. Learn a few price action setups, master them, repeat them consistently and you may just end up on the right side of the […]
I want to show you an example of a simple profitable Forex trading strategy that appears on my website. The trading system is called the Daily Chart Swing Trading System and all it requires is an understanding of Fibonacci retracements and the Stochastic oscillator (5,3,3 settings). Why Is It A Simple Trading Strategy? The more simple […]
Forex Factory is an online trading website that features a Forex economic news calendar that lists all of the news events and upcoming news releases for the weeks ahead. For many Forex traders, it is the first place they look before starting their trading day. The Forex Factory calendar, as they put it themselves is […]
Posted in Forex Articles, Swing Trading Lessons 
Comments Off on How To Use The Free Forex Factory News Calendar In TradingPlacing 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, […]
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