Jun 20, 2012
USDCAD Pennant Spots Price Continuation
The USDCAD has moved over 480 pips after a brakout above parity. A developing pennant pattern can help us decide if momentum is to continue.
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Jun 19, 2012
Money Management Made Easy: Part II
Part I discussed risking no more than 5% of trading capital on all open trades. This article will outline the benefits of finding positive risk reward ratio trades. Then an example will be given of how to implement a positive Risk Reward Ratio trade.
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Jun 19, 2012
AUDUSD Balancing Counter Trend Momentum
The AUDUSD has bounced over 600 pips against its primary daily trend. In order to spot market direction and potential trend resumption, traders turn to short term time frames.
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Jun 19, 2012
How to Build a Strategy, Part 3: Support and Resistance
Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.
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Jun 18, 2012
Money Management Made Easy: Part I
One of THE most critical components of trading is Money Management…the technique of sizing your trade relative to the size of your trading account. This article will focus on a very simple method that will insure that you are not taking on too much risk relative to the size of your account.
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Jun 15, 2012
How to Build a Strategy, Part 1: Market Conditions
Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.
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Jun 14, 2012
Managing Stops Like A Professional: Fixed Trail
Actively managing stops is just as important as entry execution. Using the fixed trail funcion in FXCM Trading Station we can define trade risk while locking in profit in trending markets.
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Jun 12, 2012
Mastering Triangle Patterns
Price action on the current 4 hour chart of the GBPJPY currency pair has formed a triangle pattern. Based on that pattern, this article will demonstrate when to enter the trade and where to place the stop as well as the limit.
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Jun 12, 2012
The Building Blocks of Trend Development 06.12
June is just getting warmed up in its second week of trading. Using our building block method of trend identification, we will see if the EURJPY can continue its current 411 pip trend.
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Jun 08, 2012
Manage Stops Like a Professional: Price Channels
Actively managing stops is just as important as entry execution. Price channels can help find highs and lows on a graph to assist in defining trade risk.
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