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Keep It Simple Strategy In Forex Does Work: 3 Benefits Of A Simple Trading Strategy 1) More repeatable, more testable, more predictability, better long term results. 2) Easier to execute. 3) Easier to overcome emotions caused by confusion.

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Time & Price Strategy (Box Breakouts) rules: 1) If scalping and/or day trading 2) Use Forex pairs with high ATRs or over 90, now GBP and EUR pairs 3) Use hourly charts 4) Use Naked charts (only price action on them) 5) Add vertical lines every 4 hours from session open . Chart is 2pm, 6pm, 10pm, 2am, 6am & 10am. (Every 4 hours- from beginning of new session) ...

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The highest liquidity and volume in Forex daily is from end of Tokyo session to end of London session. This is best 12 hour time frame time to trade Forex is in between those times, if you are scalper or day trader. Noted on 1 hour chart of AUDUSD is noted times from 10 p.m. to 10 a.m. (PST/CA/USA times)= you need to change to where you live. What happened...

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Do you want to get better trading Forex? if yes, only way is to put in chart time and do your homework. On naked daily charts (only price action): 1) Find one, two or three day candlestick patterns. both continuation and reversal. What are they? * Chart: in purple rectangles. 2) Find price action key levels ( only xx.000 noted on example chart) 3) Is current...

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Engulfing Candles, due to their distinct characteristics, provide potential reversal signals for Forex traders Here’s how to spot and trade them... Bullish Engulfing Candle: (Chart example) 1) Down Trend 2) Bearish Candle 3) Open At Or Below The Previous Close 4) Bullish Candle 5) Close At Or Above The Previous Open 6) Close Preferably Near The High Aggressive...

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Forex Trading System- All great systems have these basics in them: Entry rules, Exit rules & Money Management rules Anyone who is serious about trading needs to have a Forex Trading System that is tailored to them, but there is no reason to start constructing Forex trading system from scratch.There are some good Forex trading systems out there for you to work...

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Bullish Cup with handle chart pattern A cup and handle Forex pattern is a bullish continuation pattern that resembles a cup with a handle, where the cup pattern is in the shape of a “U.” The handle pattern has a slight downward drift.”U” shape looks like a cup and handle looks like a triangle. Might go down to Fib Ret 50% to 61.8% before price action does a...

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How To Use The Fibonacci Extension Tool: Bearish example (like Chart) A) Highest Top Point B) Reversal Bottom Point C) 2nd Highest Top Point (Note) Can NOT be higher then A Point. D) Will be 3 points or targets, 1st target at 50% extension, 2nd target at 100% extension & 3rd target at 150% extension. The rules for take profit orders are very individual,...

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What Is a Golden Cross? A golden cross occurs when a faster-moving average crosses a slower moving average. Sounds simple enough right? However, the key point is the moving averages which constitute the cross, and the direction in which they cross. Specifically, you need the 50-period and 200-period simple moving averages. Anything other than these two periods...

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How To Trade The Bearish Death Cross: The death cross and golden cross are technical analysis terms for when a moving average (MA) intersects with another from either above or below. The cross, depending on which it is, can signal the start of a new trend or the end of one. The death cross and golden cross are simple technical analysis indicators that alert...

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The Bollinger bands Indicator is a forex trading indicator. This Bollinger bands Indicator can be used to find out the trading entries and the exits in the market trading. This can be used with any type of currency pair. In market trading, the Bollinger bands indicator is used to identify price range levels. The Bollinger bands indicator can be defined as a...

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The Moving average indicator is a Forex trading indicator. This Moving average indicators can be used with Forex all currency pairs that is also compatible with other trading strategies. Every trader should be comfortable with the basics of moving average. The Forex market is controlled by banking system and global companies. As a result, it’s critical to...

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Only one way to grow a small account into a large account. That is by treating Forex trading as a marathon race not a sprint race. Do you have 2 to 5 years? You can use the compounding calculator to calculate profits. This allows you to understand better, how your trading account will grow over time. One of the most interesting facts about compounding is, that...

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The Trading Cycle Of Market Emotions You want to sell when most traders feel overconfident You wan to buy when most traders feel despair

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High Impact News Trading (Forex Factory): Example is EurAud bullish trade, but all can be done on a bearish trade too. RULES: 1) Use 15 minutes charts or Time frames 2) Do not start a new trade 30 minutes prior to and/or 30 minutes after high impact news. 3) Is price action over or under Bollinger Bands indicator 20 SMA? Chart example is over- so trade...

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Trading on Higher charts can improve your trading, if you can mange patience and risk management.

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If you look on many daily charts you will see, that the 50% to 0.618% Fib Retracement Area is often a core support point for any swing on the daily chart. This can be used as part of your strategy and/or edge

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What Is A Hammer Pattern? A hammer is a price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies within the period to close near the opening price. This pattern forms a hammer-shaped candlestick, in which the lower shadow is at least twice the size of the real body. The body of the candlestick...