EURGBP Pennant Forms in Downtrend
The EURGBP has moved over 1133 pips lower in the last trading year. As the trend continues, traders will look for pricing patterns to create fresh entries.
The EURGBP has moved over 1133 pips lower in the last trading year. As the trend continues, traders will look for pricing patterns to create fresh entries.
European political leaders meet this Thursday to improve the Union’s economy. Use the Donchian Channels strategy to buy the Dollar.
The EURUSD has declined as much as 2652 pips in the last 14 months. As the London and New York market sessions gather momentum, traders will look for fresh breakout entries.
Managing a trade after the position has been opened is most associated with trend trading. Since range trading is a more straightforward strategy, this concept is often not applied. This article will show three methods of managing a range trade.
Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.
The USDCAD has moved over 480 pips after a brakout above parity. A developing pennant pattern can help us decide if momentum is to continue.
Part I discussed risking no more than 5% of trading capital on all open trades. This article will outline the benefits of finding positive risk reward ratio trades. Then an example will be given of how to implement a positive Risk Reward Ratio trade.
The AUDUSD has bounced over 600 pips against its primary daily trend. In order to spot market direction and potential trend resumption, traders turn to short term time frames.
Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.
One of THE most critical components of trading is Money Management…the technique of sizing your trade relative to the size of your trading account. This article will focus on a very simple method that will insure that you are not taking on too much risk relative to the size of your account.