Price action is a trading technique that describes the characteristics of the price movements of a security. It allows a trader to read the market so he can make subjective trading decisions according to the recent and actual price movements. Momentum is a simple and unique technical analysis indicator that is a close replica of price action and useful for traders worldwide. … [Read more...] about Price Action Trading with Momentum
Forex Trading Strategies
Elders triple screen strategy is a trend following strategy commonly used to profit in the forex and other markets. Unlike scalping, swing trading, or positional trading, the triple screen strategy works by analyzing chart patterns in multiple time frames. With triple screen elder’s strategy, the idea is to try and time trade entries with market corrections and pullbacks. … [Read more...] about How To Use Elder’s Three Screen Strategy In Three Easy Steps
‘Trend is your friend’ is an important money-making hack in the capital markets. Trend trading is a popular trading strategy, as it is simple to read and understand. In addition, trend trading strategies have proved to be highly effective in generating significant returns while protecting traders from the impact of wild swings in the … [Read more...] about Building a Trend-Following Strategy In 3 Easy Steps
Arbitrage is a trading strategy whereby traders, as well as automated trading systems, seek to benefit from discrepancies in the pricing of identical forex trading instruments. The discrepancies occur when a security such as gold, Twitter stock, or EUR/USD is being offered at a different price point in multiple markets. Amidst the discrepancies, a trader or a forex … [Read more...] about Arbitrage Trading Guide
In Forex trading, a simple trading strategy can be created by using just some moving averages or MA’s along with some associated indicators. Moving Averages are generally used to identify support and resistance levels, as well as being used as a trend indicator. In this article, we will discuss how to formulate Forex trading strategies by using two of the most common Moving … [Read more...] about How to Use Moving Average Strategies in Forex Trading?