A trend is simply the idea that the market, concerning a certain pair, is moving in the same direction for a long period of time, right? If that is the case, it is simple logic that we should be trying to find trends to ride, because something that is moving in a certain direction for a long period of time is likely to continue to move in that direction. Read more »
UP OVER 400 PIPS SINCE MY LAST ARTICLE
So it's been a few weeks since I have updated you on all my trading, but it's been a great few weeks! These past two weeks, I have stuck to my trading plan much more thoroughly and used the Power Indicator as an aid to my trading. Since my last post about how I find my entries, I have been +450 pips in my trades. In this post I would like to show you some of the trades I made, why I made them, and why they worked. Read more »
HOW I CHOOSE MY TRADES
I base my trades on 3 major components: candlesticks, moving averages and the power indicator. I trade based on the hourly charts and set my stops and limits based on the hourly as well. Read more »
Trade77; A Profitable Scalping Strategy Revealed
This is one of my personal scalping methods and I call it "5 Minute Silence Time". First of all I want to note that I'm not using Stochastics in my analysis and also my swing trades and I don't like indicators at all but in this scalp method we are going to use this famous indicator as I had worked with stochastics almost 3years before. Read more »
Triangle Setup on EURUSD
Post is written by Henry Looking at the current 4H chart of the EURUSD pair there is a triangle forming which happens to be a very obvious one. We are still in the phase of uncertainty right now as price is making a big consolidation move like this. If you are one of those position [...] Read more »
Short Possibility On AUDUSD?
Today we might get some opportunity to enter the market with some short setup forming already on AUDUSD pair. This is a medium trade which means if we enter this trade, it will last around 2-3 days since from my point of view, I spot this opportunity from the 4H. First let’s us see the [...] Read more »
Possible Head and Shoulder?
Post written by Henry My outlook for the EURUSD pair is still to the downside after the price rally for 300+ pips heading to the north, looking at the current price, it is now forming like the very famous reversal pattern, Head and Shoulder. If this pair is find some resistances at around 1.40100-1.40200. I [...] Read more »
Embedded Weekly Master Candles – USDJPY
Looking at a weekly USDJPY chart, you will notice that we have embedded weekly Master Candles set up. Read more »
Aud/Usd Forex Analysis
Hello traders good morning it is time for your Daily Forex Analysis. Today I will be updating a post that Sophia wrote earlier this week Read more »
Eur/Usd:Forex Strategy
Hello traders and all, here is your forex strategy for the upcoming week. I hope that you are all having a great weekend. This is the weekly summary to help you get an idea of what is going on so that you will be ready to go next weekend. Read more »