US Dollar is Ripe for Reversal
Several currency pairs are showing exhaustion in their gains against the US Dollar. The clues from 4 markets indicate a Dollar reversal is nearby.
Several currency pairs are showing exhaustion in their gains against the US Dollar. The clues from 4 markets indicate a Dollar reversal is nearby.
RSI can be used for more than just overbought and oversold levels. Learn how to spot reversals in the Forex market using RSI divergence.
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 when a stop is triggered, would you rather have a margin call?
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 direction in which the currency pair has been moving and confirm the trend.
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 or selling bottoms while trying to find the 'big moves' in the market. This article will walk you through a way traders may look to trade reversals with risk management in mind.
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.
If you ever have wondered what makes Fast and Slow Stochastics different from each other, this article is for you.
Do you know the feeling when you watch a winning trade become a loser? It doesn’t feel very good, does it? Read this article to find out how you can attempt to prevent this dreaded feeling.