We have all heard that the “trend is your friend”. However, for some traders, the trend has been more of an enemy than the proverbial friend. Stochastics can help you become “friends” with the trend by showing you when to get into a trade.
Every month analysts pore over the fine print of Non-Farm Payrolls; but these reports can be equally important, and may produce even more volatility.
If you spend enough time around charts, you’ll hear the term ‘Price Action’ quite a bit. But how can a new trader learn Price Action?
Forex technical analysis shows three technical reasons to buy the Euro against a basket of currencies. Find out why in this report.
NFP is not coming out on the first Friday of this month, and it’s because the largest governing body in the world has effectively shut down.
The very small and humble doji candlestick pattern can often hold the key to big breakouts. Though the doji represents market indecision, it can give traders key support and resistance levels which when broken show the way to the next big move.
When looking at Gold through the lens of other markets and Ichimoku, Gold could be retesting the lows before the year’s end.
Forex Double Tops and Double Bottom Patterns are one of the most recognized by traders. They mark important changes in trend direction so traders should learn how to trade them to maximize gain and minimize loss.
Strong and weak analysis is a common method to determine which currencies to trade. Using this simple analysis tip, we find the Aussie is a strong candidate for a buy currency basket trade.
Forex traders look to buy high and sell low in order to maximize their profits. Learn to trade at favorable pricing using Swing Trading tips and techniques!