Biasing Your Breakout Trades
Learn the benefits of a forex breakout strategy. Additionally, bring a bias or direction to filter your breakout trades to trade more consistently.
Learn the benefits of a forex breakout strategy. Additionally, bring a bias or direction to filter your breakout trades to trade more consistently.
Experienced traders know that not booking a loss may feel like the right thing to do in real time but can lead to multiple costly blunders that add up.
The GBP is currently one of the markets weakest currencies. As the trend develops, traders will use momentum analysis to pick which Forex pair to trade.
The Cloud is the cornerstone of the Ichimoku Trend Trading System and the thickness of the cloud can help you gauge trend strength before entering.
Broadening Patterns take place when volatility is high and can often precede a major move in the market that you can trade.
Article Summary: The AUDCHF has advanced as much as 365 pips from February lows. As the trend continues, traders will use momentum analysis to identify scalping opportunities.The strength of the Aussie Dollar (AUD) has come into question relative to multiple currency pairs throughout the 2013 year.
Article Summary: The AUDCHF has advanced as much as 365 pips from February lows. As the trend continues, traders will use momentum analysis to identify scalping opportunities.The strength of the Aussie Dollar (AUD) has come into question relative to multiple currency pairs throughout the 2013 year.
Traders often rely on Ichimoku to find high probability entries in the direction of the overall trend. A problem has been in finding exit targets, until now.
The has AUDCAD as advanced as much as 656 pips during its latest trend. With news ready for release, traders turn to MACD divergence for market direction.
Current Japanese Yen strength is showing a sign of a temporary trend change as market uncertainty looms due to sequestration. Broken trend line depicts weakness in stocks and AUDJPY may continue.