Effectively Adding Lots a EURGBP Update
Adding new lots to a winning position can be an effective trending market strategy. As the EURGBP moves toward 2012 lows, traders will look to add fresh entries.
Adding new lots to a winning position can be an effective trending market strategy. As the EURGBP moves toward 2012 lows, traders will look to add fresh entries.
Rather than merely placing one’s stop based on an arbitrary number of pips, using long wicks as a guide for stop placement can create a very effective trading edge.
The GBPUSD has broken to lower lows this week. Going into tomorrows NFP announcement, traders will watch key support levels for fresh breakout entries.
Traders are always on the lookout for an indicator that will signal or give them the “tip” that they need to determine which direction the pair will move next. While an absolutely foolproof indicator such as that does not exist, candlestick reversal patterns are often overlooked. This article will highlight some of the major reversal patterns that traders follow.
There are many methods that can be used to enter a trade. When a pair is in a strong trend, this strategy for entry and stop placement is one of my personal favorites.
The EURGBP pauses at current support near .8300 . Triangle traders get ready for a breakout to lower lows.
Have you ever entered a trade in the direction of the trend only to be stopped out pretty quickly? The reason that may have happened is due to what are known as “embedded trends”. To properly time one’s entry into a trade it is important to have the trends across more than one time frame properly aligned. This article will demonstrate how to do that.
When a trade moves in one’s favor, a major concern becomes trade management…how to maximize the results of that trade. How to secure pips as the trade moves in our direction AND staying in the trade for the long haul can often present a conflict. This article will cover two methods to avoid that conflict: trailing stops and multiple lots.
The EURGBP is currently caught between support and resistance. As the pair consolidates traders can choose between two plans of action.
When you are trading in the Forex market – you are trading interest rates. Maybe more precisely, you are trading interest rate expectations. This series of articles will explain, in detail, how traders can use US Treasuries to look for opportunities in the Forex market.