The nature of any financial market is that long-term trends usually take several weeks and months to form. For those looking to strictly invest in forex rather than actively speculate, position trading may be a methodology worth considering. It is somewhat better than a traditional investment as the investor has the luxury of profiting from going long and short instead … [Read more...] about What You Need to Become a Position Trader in Forex
Trend Following
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
