What is Breakout Trading? Breakout trading is simply where we look to capture an expansion in price as it moves beyond either a defined high point or a defined low point. This is the basis of breakout trading and as you will see, is extremely simple. So typically, traders will identify a trading range such as this one where prices are rotating ...
In the previous article, we looked at how traders can ignore the moving average and instead focus on just the Average Directional Index (ADX) and the Moving Average Convergence and Divergence (MACD) indicators to determine the trend strength. Before reading this article, it is ideal to refer to the first part of this series to gain insight and ...
Many new traders dream about making big profits and living off their trading income but simply don’t have the time to trade consistently because of the demands of every-day life such as work and family. However, these traders can still achieve their trading dreams without even needing to be in front of the charts or to place a trade. What is ...
Catching big reversals is something that many new traders day-dream about but rarely ever succeed in doing. However, the 5-0 pattern offers traders the opportunity to catch these types of market moves by finding a unique entry point. Ok so, looking at the bullish version of the pattern first then. We want to initially identify a bearish drop ...
In the previous article, we covered the two main reasons why traders often end up losing money. The first being the chase to catch tops and bottoms, which can be lucrative but also comes with big risks. The second mistake being, making use of improper money management techniques or entering a trade too late into the trend. Despite coming up wit...
Scalping is an area of Forex trading that always appeals to new traders because of the potential to make big profits, quickly. However, with the high level of reward also comes a high level of risk, so it is super important that you take the time to properly understand scalping before applying it to live markets. As ever we are going to take thi...
What is Forex swing trading? Swing trading simply describes a method of approaching the market where the trader is seeking to capture percentage moves in a currency pair, referred to as “swings”. Trades taken in this manner are usually at a reduced position size to account for the large trade parameters and can last anywhere from a day to seve...
Mapping The Market Elliot Wave analysis is a form of technical analysis developed by R.N Elliot which blends traditional technical analysis with market psychology. The analysis asserts that the way in which crowd behaviour manifests itself in the markets creates clear patterns, namely waves, which reflect the ebb and flow of sentiment and can b...
Classic Technical Tool Among the core range of technical tools and indicators available on most MT4 platforms, the Andrews Pitchfork remains a firm favourite. Long used by technical analysts as a precise way of measuring trend and capturing turning points, the tool is celebrated for both its simplicity and effectiveness. The tool consists of t...
Amongst traders of financial markets, there are two specific trades which seem to capture more universal attention than any others: These are entries at major turning points and in the early stages of dominant trends. Successful trades based on either of these entry points can yield powerful results but come with the caveat of increased risk if ...
Trading CFDs Involves high risk of loss
Get detailed forex market news and exclusive updates
Four Forex Lessons From Jumanji
2016-11-14
James Harte
Famous Traders and Their Strategies: Episode 3 - Bill Lipschutz
2016-11-14
James Harte
Top Trading Tips From Market Legend Ed Seykota
2016-11-14
James Harte
