In an interconnected world like the one we live in, countries try to get a competitive edge against each other by all means possible. Currencies do not fulfill solely a local role but have a significant influence on international trade. Its interest rate level gives the value of a currency. [Read more...]
Every trader involved in the currency market knows about inflation and its role in the FX market’s volatility. Inflation is part of every central bank’s mandate, and for this reason, it dictates the level of interest rate in an economy. The relationship is a direct one. Higher inflation brings [Read more...]
Belonging to classic technical analysis patterns, the head and shoulders is one of the oldest reversal patterns documented. It forms at the end of both bullish and bearish trends and works on all trading environments. There’s plenty of information regarding the head and shoulders pattern, and [Read more...]
There’s no better way to ride a market than looking for a strong trend and buying dips or selling spikes. However, the problem is that the currency market doesn’t trend that much. And, on top of that, to find a trend is one thing. To define it and trade it using money management rules, is […]
The Ichimoku indicator belongs to the Japanese technical analysis approach. Embraced by traders all over the world, it is a powerful tool to both trend trading and finding support and resistance levels. Ichimoku is listed by most trading platforms as a trend indicator, even though it is far [Read more...]
If there’s a commodity that changed the world we live in, that’s oil. Since its discovery, oil shaped up industries disrupted businesses and was the source of the progress we now take for granted. Many associate oil with the driving industry only. In a way, it is normal. Because automobiles are [Read more...]
Divergences were born from the desire of having an alternative to chaotic price movements. Since the Personal Computer (PC) invention, traders find it easier to plot charts and calculate complicated oscillators using sophisticated mathematical formulas. An oscillator appears at the bottom of [Read more...]
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...]