New York Breakout Strategy The New York Breakout strategy is a simple strategy that traders use every trading day. The time considered for this strategy is exactly 16hrs after the market opens for the trading day. A demo account will be okay for practice or backtesting purposes before going live […]
EMA DIAGONAL ALIGNMENT STRATEGY
EMA DIAGONAL ALIGNMENT STRATEGY This strategy combines two Meta Trader indicators to determine trade entry signals. The indicators are Exponential Moving Averages EMA and Awesome Oscillator. Below are the EMA settings and the images below also show the necessary conditions before placing a buy or sell trade on any currency […]
Just Another Forex Trading Story
Trendline Breakout Strategy
Trendline Breakout Strategy TBS This strategy is a fantastic strategy that is commonly used in forex trading by experienced traders. 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 […]
Harmonic Patterns
Harmonic Patterns Harmonic patterns are used for technical analysis and the main function is to predict future price movement. It is a trading strategy that works with Fibonacci retracement and extension ratios. However, the Fibonacci ratios used in the analysis and measurement of Harmonic patterns are 0.382, 0.50, 0.786, 0.886, 1.27, […]
Introducing the Pips-Beantrapper Indicator!
Pips-Beantrapper Signal The Pips-Beantrapper is a combination of signals from two Meta Trader 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 […]
Achievable End Of Year Target For Newbies
How To Setup A Demo Trading Account – Strictly For Beginners!
Introducing The Beandicator Signal!
Beandicator Signal The Beandicator Signal is a combination of signals from five Meta Trader 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 Out […]
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, […]