Oftentimes traders think all they have to do is have more winning trades than losing trades and they will be a profitable trader. Such is not the case…
The EURAUD is currently moving against its 1425 pip downtrend. Traders can use RSI to find overbought levels to enter new sell entries.
The Kiwi has bounced 769 pips from 2012 lows. As the pair consolidates, traders look to a developing triangle pattern to set fresh breakout entries.
Believe it or not, I have traders tell me they don’t use stops because that insures a loss if their trade moves to that level. While that can happen
Whenever the topic of trading comes up, the concept of “trend trading” will invariably be mentioned. Here is one way that a trader can deduce the
One of the most exciting market conditions is also one of the most dangerous - and that is the reversal. Time and again new traders end up buying tops
The GBPUSD has advanced 1005 Pips from June 2012 lows. As price consolidates traders prepare new entries around todays inside bar.
The AUDNZD is currently stalling at daily support near 1.2700. A turn in price could indicate the creation of a 400 pip trading range!
Many currency pairs such as the EURAUD consolidate prior to major news releases. Traders can prepare for the event by setting OCO entry orders waiting
Too many traders exit a trend too early to find they left money on the table. If you’ve had that frustration, the Heiken-Ashi when used correctly can
