Forex Trading Strategies

It is important to prepare yourself because a great deal of your time is about to be consumed now when you trade a 5-minute chart effectively. Of course, trading in the 5-minute chart is quite different from trading in the other time frames, but it is quite time-consuming. You need to perform a whole methodology […]

Engulfing is a well-known reversal pattern on a chart that consists of two candlestick patterns, but one pattern will engulf the other. In this case, it is important to correctly distinguish the type of pattern – it will depend on which candlestick pattern is dominant. There are two types of engulfing in total – bearish

For trading major currency pairs, 50 pips a day Forex strategy is getting extremely popular among traders. With the help of this technique, traders can easily identify the early market move of their trading instrument. But this trading strategy can be applied to the currency pairs of EUR/USD or GBP/USD. But if you still want

This guide gives you a detailed review of what triple top pattern strategy is all about and how it can be used in forex trading. Different trading strategies are introduced in the forex market, with the triple top pattern being one of the most noteworthy. The strategy uses a powerful and simple chart pattern to

Ichimoku Kinko Hyo, also known as equilibrium chart, has 5 indicators similar to the moving average. This chart was developed by the Japanese journalist Goichi Hosoda in the 1930s and finally released to the public in the 1960s. To develop this trading system, Hosoda hired a team of 7 people to make the calculations. He

Value investing is an investing strategy commonly used in the stock and futures markets. The strategy is based on the estimation of the “real price” of the share. To estimate this, investors calculated the Fair Value of the Share by considering buildings, machinery, production, financial instruments owned by the company, equity, cash flow, debt, and

Regarding technical analysis, trend lines play a major role in both trend identification and confirmation. By employing trend lines, all traders can identify markets with an opportunity to buy or sell. This is one such straight line that connects two or more pricing points. Later on, it extends it as a support line or resistance

Are you aware of what a false breakout is and how you can escape it? In general, the false breakout occurs when the price moves temporarily below or above the key support or resistance level. But after a little while, it returns to the beginning. Possibly, this is the worst-case scenario for a breakout trader

For new traders, the term forex trading means buying in uptrends and selling in downtrends. To become an expert in forex trading, you need to familiarize yourself with other terms, such as overbought and oversold. Trading this way gives you a sense of how much profit you can expect and when you can make it.

End of Day trading is simply the practice of trading when the markets close. Stocks and futures markets open and close according to regular business hours. With Forex, It’s a little different because this market works 24 hours, so it doesn’t really close. What happens is that local markets like London, Asia, and America do