Price Action Breakouts
Price action traders feel that everything that is needed to analyze markets is available directly from the price chart, including a mechanism with which to enter into strong moves AS they begin.
Author: Dailyfx.com
Stochastic Crossovers
When using Slow Stochastics in a downtrend, the optimum sell signal given by the indicator occurs when the two moving averages comprising the indicator have been above 80 and then move below 80.
Bollinger Bands: Defining Dynamic Markets
Bollinger Bands are a versatile technical analysis indicator widely used among traders. John Bollinger first developed this indicator as a solution to find relative highs and lows in dynamic markets. The indicator itself is comprised of an...
The Trend is Your Friend!
If you ask a hundred professional traders their strategy, you’d likely get a wide-range of responses. One of the best parts of markets, the fact that there isn’t JUST one way of being a profitable trader –...
When the Market Gives Ranges, Trade Ranges!
Amongst traders, the market condition that is, oftentimes, most neglected just so happens to be the condition that can seem to be most prevalent.
Using Long Wicks for Stop Placement
As we consult the charts during our live webinars each day, when “long wicks” present themselves , we definitely take advantage of them in our trading plans.
Speeding Up an Indicator vs Slowing It Down
When we focus on an indicator in our live Trading Room webinar sessions, the question often comes up regarding the number of periods to which the indicator should be set. Should one use the default setting or...
Choosing the Right Indicator
A major concern of newer traders is which is the best indicator for them to use in their trading. Also, they want to know if indicators broken down into beginning, intermediate and advanced trading categories?
Which Currency Pairs Are Your Favorites?
Most traders have some currency pairs that they like to trade. Perhaps it is because a certain pair gave them their first winning trade or because of where they once vacationed.
The FX Market and Interest Rates
Usually the most important factor in the value of a currency is the interest rate environment in that country.