What is momentum trading? Momentum trading is the practice where one buys a currency pair whose price is trending upwards and sells a currency pair whose price is on a downward trend. The idea here is that an up-trending price is likely to continue in that trajectory for the near future. In like manner, a down trending price has the momentum to continue falling. One can … [Read more...] about Guide to Leveraging Momentum Trading for Long Term Profits
Forex Trading Strategies
Price Action Trading with Momentum
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
How To Use Elder’s Three Screen Strategy In Three Easy Steps
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
Building a Trend-Following Strategy In 3 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 Trading Guide
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
