Today we are going to cover a breakout strategy using the Parabolic SAR indicator in conjunction with the MACD and the 200-day SMA (simple moving average) indicator. It’s executed solely on the H4 timeframe. 200-day SMA to define a trend. This works in the area of the price action [Read more...]
With over 2,000 cryptocurrencies on the market, there’s plenty of choice when it comes to trading cryptocurrency. In fact, the hardest part is narrowing down the search! In this guide I’ll teach you 9 ways to pick a killer cryptocurrency investment. You’ll learn: How to pick a profitable [Read more...]
It’s been a while since I shared my ideas on market analysis with you. I see that reader interest in the topic increases. Especially for those who are trying to understand the true causes behind the price movements in a particular market. So today, I want to move from theory to practice and [Read more...]
My previous article received so much feedback that I have decided to go deeper into the subject. I would like to give you a general idea of COT and DB reports. Hopefully this will encourage you to study numerous materials by other authors and develop your own view. Commitments of Traders (COT) [Read more...]
In this article, I would like to explore the issue of trading. My own trading ideas and attitudes that influence decision-making. In fact, I’m not that experienced to think of myself as an expert in trading, but I have been trading long enough to develop my own view on the issue. I hope it may [Read more...]
Fundamental analysis is very crucial for identifying the long term direction of any tradable asset. Here in this article we are going to discuss the three most important fundamental events in forex trading. Interest Rate Decision Interest rate decisions by the leading central banks are of [Read more...]
Trading chart patterns is one of the best and result oriented strategy among long term price action traders. In this article we are going to take a look on some major chart patterns in forex trading. Head & Shoulder (H&S) Head & Shoulder (H&S) is a frequently occurred chart [Read more...]
Candlestick is one of the most popular price action patterns among retail forex traders. In this article we are going to discuss the ins and outs of candlestick pattern. There are some key candlestick candles that show continuity or reversal in the ongoing trends, let’s explain them briefly one [Read more...]
In this article we are going to discuss a very successful and result oriented price action strategy which can be termed as “Holy Grail” in forex trading. The strategy consists of 5 key steps as described below; The first step is to go through the candlestick chart. If you are a scalper then [Read more...]
Trading pin bars in forex is considered one of the most successful strategies among traders. In this article, we are going to highlight ins & outs of pin bar trading. Pin bars are basically of two types, the bullish pin bar and bearish pin bar as shown in the following diagram. It is [Read more...]