What is a trend? It is essential to know what a trend is and its characteristics so that you’ll be able to spot it easily. It also helps to differentiate a trend from other formations to avoid entering a trade you do not understand. There are two main types of trends, namely an uptrend and a downtrend. During an uptrend, the highs become progressively higher and the … [Read more...] about How to Trade the Trend Successfully
Scalping
The Best Forex Scalping Strategies
The trillion-dollar forex market attracts traders of all walks of life trying to profit from price swings. While some opt to play the long-term game, others focus on short-term gains, as is the case with investing. Scalping is one such strategy widely deployed in the $6 trillion marketplaces. How scalping works This is a short-term trading strategy whereby people look to … [Read more...] about The Best Forex Scalping Strategies
4 Price Action Trading Strategies (With Examples)
Price action is a trading strategy that involves looking and interpreting chart patterns over time. It is a common strategy that is often used independently or together with technical and fundamental strategies. The approach is based on the idea that the most important determinant of the future price of an asset is the price itself. It is applied well in day trading, swing … [Read more...] about 4 Price Action Trading Strategies (With Examples)
Gamma Scalping Guide: How to profit from this strategy and what are the risks
Scalping is a special type of trading strategy where the trader aims to make profits from small price changes after executing a trade. It is also a highly risky approach because one major loss can wipe out the previous gains, thus the need to exercise a high level of caution. The goal with scalping is thus to place as many winning trades as possible while keeping the losses at … [Read more...] about Gamma Scalping Guide: How to profit from this strategy and what are the risks
Scalping Trading Strategy Guide
Scalping is one of the most popular trading strategies among forex traders. They open their accounts every day and watch all timeframes available, from 1-month to 1-day charts, but they prefer the action of the tick-by-tick movements to try to make money. Scalpers believe that catching small price movements are easier than large swings. Do you agree? Today, we are going … [Read more...] about Scalping Trading Strategy Guide