Forex Trading Strategies

Forex trading strategies, systems, tools, tips and tricks

How to trade pullbacks with Moving Averages

How to trade pullbacks with Moving Averages?

Pullback trading is a popular strategy among traders. It’s hardly surprising because monitoring for pullbacks guarantees that you’re in sync with the market. Moving averages are, without a doubt, among the most prominent tools in technical analysis. In addition, the market could potentially pull back into moving averages. What is a pullback? The phrase “pullback” […]

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How to identify and trade the Piercing Pattern

How to identify and trade the Piercing Pattern?

A variety of people populates the forex markets. As a result, different traders use different patterns to succeed. In this article, you’ll learn how to identify the piercing patterns and trade in them? What is a Piercing Pattern? The piercing pattern is a two-day candle pattern that indicates a possible trend reversal from downward to upward.

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Double cross strategy with Stochastic and MACD

Double cross strategy with Stochastic and MACD

The two most compatible and simple-to-use indicators are Moving Average Convergence-Divergence (MACD) and the Stochastic Indicator. In simple words, stochastic compares a stock’s closing price to its price range over time. MACD forms two moving averages that diverge from and converge. What would happen if the indicators from different systems were combined? Would they cooperate

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What Is the Average True Range (ATR), and is it worth trying?

What Is the Average True Range (ATR), and is it worth trying?

The actual average range, or the ATR, is a technical analysis indicator introduced by market technician J. Welles Wilder Jr. A volatility indicator shows how much an asset moves on average during a given time frame. When the traders want to initiate a trade, the hand helps day traders confirm. In addition, it can find

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