Forex Trading Strategies

Forex trading strategies, systems, tools, tips and tricks

What is a forex trendline breakout strategy

What is a forex trendline breakout strategy?

The trend line is the most flexible trading tool in forex marketing. According to technical experts, the trend is your friend, and detecting this trend is the first stage in solid trade. Therefore, a trendline assists technical analysts in determining the current price direction of the market. Trendlines Trendlines are immediately visible lines that traders […]

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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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