Candlestick Strategies
Although candlesticks theory was invented over three hundred years ago by a Japanese rice trader named Sokyu Honma it is still considered to be so useful and relevant to present day trading that many Forex strategies are based on its concepts. A candlestick consists of four main parts which are its opening value, highest value, lowest value and closing More...
Gap Trading Strategies
Gaps are areas on trading charts where price has moved rapidly upwards or downwards without leaving any discernible evidence. Consequently, gaps are displayed on candlestick charts by a significantly large distance More...
Technical Trading with the Accumulation Distribution Indicator
One of the most famous technical indicators that you will encounter is the Accumulation/Distribution (A-D) that was designed by Larry Williams, who is also the inventor of numerous other famous analytical tools. More...
Strategies based on the ‘On-Balance-Volume Indicator’
If you need to compare volume flows and price for any asset over a selected time-period, then you could use the ‘On-Balance-Volume’ (OBV) indicator to perform this task. The OBV was invented by Joe Granville More...
Trading high volatility using Average True Range Indicator
You can utilize this indicator to supply you with an indication about the market’s willingness to support a currency pair by focusing on the daily volatility levels and movements of price. In 1978, the Average More...
Identifying Trading Opportunities with Candlestick Charts
One of your top priorities when you commence trading the financial markets is that you must become very proficient at identifying quality trading opportunities exhibiting good profit potential with minimum risk More...
Trend retracement strategies
These strategies are popular because they enable you to trade with the trend. The main difficulty you will have is how to determine whether a price is performing a retracement or a major reversal. This distinction More...
‘Trading with the Trend’ Strategy
Strategies based on trading ‘Trend Retracements’ have become popular because they primarily allow you to trade with the trend. However, you will only be able to perform this method well if you learn how to differentiate More...
How to Develop a Strategy Using Technical Analysis
One of the most commonly used Forex Strategies is trading breakouts because it is simply to execute and can generate impressive profits. The primary feature of this strategy is that, if the price of an asset has More...
Analyzing major price formations using technical analysis
When you are trading the financial markets you should appreciate that price is moving in a sequence of oscillations with each one possessing a bottom and a top. Such configurations can often represent serious reversals More...