Technical analysis changes continuously. In the past, traders looked at the market’s basic concepts. Today, the personal computer allows using complicated functions. A linear regression channel is such one. A regression channel and channel trading strategies derived from it are statistical functions traders use to forecast prices. Furthermore, technical analysis splits in two. One part […]
One of the oldest principles in technical analysis, the Dow Theory guides traders to this day. For almost a hundred years, the Dow Theory technical analysis principles fascinated traders. Those still wondering what is Dow Theory, will find this article useful for Forex trading too. Traditionally, there are two ways to look at a market. […]
This time I am proud to show you the longest trade I have on record. It took place on the AUD/USD Forex chart and I opened it on signals from the Forex Alligator. I used the basic signals of the Alligator indicator trading system, which got me into an emerging bearish trend with the Aussie. But first, let’s […]
In this live Forex trading example I use the Relative Strength Index a.k.a. RSI indicator to discover a trading signal. The video shows how to trade a bearish divergence RSI signal in a combination with price action. Signals of the Bearish Divergence RSI Trade The general price action is increasing, while the RSI indicator line […]
The Moving Average (MA) is a trend indicator. Like any other trend indicator, moving averages add to the actual chart. This is where the price action takes place. In this article we will go through the best moving average strategies in Forex. Many trading platforms place an oscillator at the bottom of a chart, in a separate window. This […]
The Bollinger Bands indicator is perhaps the most popular trend indicator when analyzing a currency pair. Like any trend indicator, it is applied directly to the chart. Also, it is mostly used to find entries for riding a trend. These could be buying dips in a rising trend or selling spikes in a falling one. […]
Indicators are crucial for the on chart analysis of currencies. One of the most popular tools for technical analysis in Forex is the MACD indicator. This is so due to the success. This article will give you an in depth review of the Moving Average Convergence Divergence indicator. Then you will be able to apply […]
Building a comprehensive trading strategy is not easy, and you need to think it through based on your risk tolerance, trading style and financial situation. Let me give you an insight into 3 Powerful FOREX Strategies you can implement to take your trading to the next level.