Forex Trading Strategies

Forex trading strategies, systems, tools, tips and tricks

The Doji Candlestick Pattern: How to Trade It

The Doji Candlestick Pattern: How to Trade It

Doji Candles are candlestick patterns used to analyze trend reversals on the market. To place successful forex trades, traders can examine past price movements using the Doji candlestick to forecast future prices. You can use Doji Candlestick patterns to confirm a potential high or low price point by comparing a currency pair’s open and close […]

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Intraday Trading Strategies Using Forex Pivot Points

Intraday Trading Strategies Using Forex Pivot Points

Forex pivot points are an essential tool for intraday traders. They provide valuable information about potential support and resistance levels in the market, which can help traders make informed trading decisions. Pivot points are particularly useful for short-term traders looking to take advantage of price movements during the trading day. In this article, we will

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Forex Relative Vigor Index: How to Use It

Forex Relative Vigor Index: How to Use It

A Relative Vigor Index (RVI) indicates a trend’s strength and confirms overbought, oversold, and divergence signals in forex trading. We will discuss the Relative Vigor Index in depth in this article. What is the Relative Vigor Index? A relative vigor index is a momentum indicator that identifies strengths and weaknesses of current trends by comparing

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Golden Cross Trading Pattern - What is it & How Does it Work?

Golden Cross Trading Pattern – What is it & How Does it Work?

Financial markets offer a variety of trading techniques. Technical analysis of chart patterns is one of the most popular trading techniques. In this article, we will explain in detail a golden cross pattern. How do you spot golden cross signals? This article will answer these and many other questions as well. What Is a Golden

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Asian Sessions: Adapting Strategies for Forex Market Open Times

Asian Sessions: Adapting Strategies for Forex Market Open Times

A trader during the Asian timezone may find it challenging to trade forex since liquidity and volatility are lower than those during the European or US sessions. USDJPY and AUDJPY offer trading opportunities during the Asian session due to their narrow spreads and high volatility GBPJPY and EURJPY occasionally present trading opportunities, but only on

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Effective Risk Management: Calculating and Managing Position Sizes

Effective Risk Management: Calculating and Managing Position Sizes

The key to long-term Forex trading success is effective risk management. An important part of risk management is understanding how to calculate and manage position sizes. Even though it seems complex, once you learn its principles, it’s quite simple. Position sizing is an important part of risk management, and this article will explain how to

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Exploring Contrarian Strategies in Forex Trading

Exploring Contrarian Strategies in Forex Trading

In contrarian trading, traders aim to go against prevailing market trends. In this trading style, the assumption is that markets often exaggerate their reactions to news and events, resulting in a temporary mispricing of Forex markets. As a result, contrarian traders can profit from this situation when the market adjusts itself. This article discusses contrarian

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