Just Another Forex Trading Story: Basically, a trader was once a beginner at some point in his/her trading life. ‘Forex trading is risky, it is like gambling’ are the words one is likely to hear from someone who does not know anything about this business. However, Forex trading story does […]
Trendline Breakout Strategy
Trendline Breakout Strategy TBS This strategy is a fantastic strategy that is commonly used in forex trading by experienced traders.ย Trendlines are lines drawn to connect two or more price wave turning points on a chart especially when a trend is formed. It is an important tool for Forex technical analysis […]
Introducing the Pips-Beantrapper Indicator!
Pips-Beantrapper Signal The Pips-Beantrapper is a combination of signalsย from two Meta Traderย indicators. The indicators are Stochastic Oscillator and Awesome Oscillator. The above indicators signal are combined with the position of the currency pair candle bar to the 5 Linear Weighted Moving Average. Check Out Support and Resistance LONDON […]
How To Setup A Demo Trading Account – Strictly For Beginners!
Introducing The Beandicator Signal!
Beandicator Signal The Beandicator Signal is a combination of signalsย from five Meta Traderย indicators. The indicators are Stochastic Oscillator, Accelerator Oscillator, Awesome Oscillator, MACD, and Average Directional Movement Index. The above indicators signal are combined with the position of currency pair price to the 50 simple moving average. Check […]
Support And Resistance
Support And Resistance Support and Resistance in Forex trading are levels where price is expected to reverse or bounce. They are simply “price turning point” levels. The support (demand) and resistance (supply) levels are areas where price is rejected onceย or in multiple times. Identification of support and resistance forms part […]
ELLIOTT WAVE PRINCIPLE
Elliott Wave Principle The Elliott wave principle, was discovered by Ralph Nelson Elliott and it is a technical analysis tool of Forex price movement that is based on sentiment of market participants. The Elliott wave principle works perfectly with price trends with respect to highs and lows of price, resistance, […]
LONDON BREAKOUT STRATEGY FOR GBP PAIRS
London Breakout Strategy The London Breakout strategy is a fascinating strategy that British Pound traders use every day. The time considered for this strategy is exactly 8hrs after the market opens for the trading day. A demo account will be ideal for practice purposes before using a live/real account. One […]
Price Interest Point (Pip): Price Measurement
Bollinger Bands and Scalping Strategy
Bollinger Bands (technical analysis tools) are created by John Bollinger and used to measure market volatility (sometimes used for scalping strategy) because they adjust to market conditions. Traders use the bands to confirm trends, market range top, and bottom. Bollinger bands can confirm the range of price action and they […]
