Sep 11, 2013
Strong & Weak: British Pound Strength Holds Up
Strong versus weak analysis is a common method traders use to determine which currencies to trade. Using this simple analysis tip, we find the British Pound has been holding on the strong side for three weeks to become one of the strongest currencies in the current market.
READ MORE
Sep 11, 2013
How to Confirm Your Trade with Oscillators to Prevent a Trading Trap
Confirming your trade set up with an additional indicator is meant to help build the conviction that this trade may be worth taking or not.
READ MORE
Sep 10, 2013
Candlestick Confessions: The Doji
In this series, we take a closer look at the finer points of ‘The Secret Messages of Price Action,’ and what those messages might have in store for traders.
READ MORE
Sep 10, 2013
Trading Forex Long Wicked Candles
Long wicked candles can provide useful trading signals. Today we will learn how to identify and trade this type of candlestick pattern.
READ MORE
Sep 09, 2013
Ichimoku Is Showing the Aussie May Have Bottomed
On the break of multiple technical points of Resistance to the upside, AUDUSD & AUDJPY look to have room to make up for recent lost ground.
READ MORE
Sep 09, 2013
Has the AUDUSD Trend Turned
Recent price action suggests that the AUDUSD may be developing a new trend. Today we will identify market direction using momentum analysis.
READ MORE
Sep 06, 2013
Using Price Channels to Manage Risk & Set Profit Targets
Just like a car handles best on a well-defined road, many currency pairs will trace out a clean tradable path known as a price channel.
READ MORE
Sep 05, 2013
Trading Price Action Breakouts
Price action breakouts can be a great way to take advantage of a market reversal. Once found traders can employ a breakout strategy for entries.
READ MORE
Sep 05, 2013
Trading the Most Profitable Time of Day
DailyFX’s Traits of Successful Traders research shows the Asia trading session to be the most profitable. Using the Relative Strength Index (RSI), we’ll show you how to time entries into the market.
READ MORE
Sep 04, 2013
A Simple Scalping Strategy
Creating a Forex trading strategy does not have to be a difficult process. Today we will review a simple scalping strategy using the Stochastics indicator.
READ MORE