Trading strategies are the use of specific trading techniques to generate profits from the purchase and sale of currency pairs in the forex market.
A consistent, effective strategy relies on in-depth technical analysis, utilizing charts, indicators, and patterns to predict future price movements.
This category will give you a thorough breakdown of beginners’ trading strategies, working all the way up to advanced, automated, and even asset-specific strategies.
It was launched in 1984, the entire FTSE (Financial Times Stock Exchange) consists of in excess of six hundred companies, that make up approximately 98% of UK market capitalization. The ‘footsie’ is a term that most people have heard of, but relatively few understand its intricacies and significance. This page will break down its history, …
The DAX 30 (Deutscher Aktien indeX) is formed of the thirty largest, blue-chip German trading companies found on the Frankfurt Stock Exchange. As Germany sits as the largest and most powerful economy in the Eurozone, the DAX is regarded amongst the most important indices for European investors. This page will break down how the DAX …
I recently watched a documentary about Bill Gates on Netflix and the thing that stuck with me the most from it was that he didn’t become one of the wealthiest people in the world through luck or inheriting huge sums of money. He literally reads like 8 books while traveling, he can read 150 pages …
Here’s My Daily Trading Routine That I Use Everyday Read More »
Sometimes a fundamental approach is even more important than a technical one. From George Soros to Warren Buffet, some of the world’s most famous traders have admitted that they owe their fortunes to the fundamental analysis they have made over the years. Main market forces Where can we find all the information? The power of expectations …
It’s time to get right into the thick of things and start learning about technical analysis, one of the most common forex trading strategies. In Chapter 6 we will discuss some of the most popular forex trading strategies. Technical Analysis Support and resistance levels Price action Chart patterns Channels Technical analysis methods acquired huge popularity towards …
In Chapter 9 we will show you which trading strategies you can combine to get the best results (two is usually better than one). Elliott Wave: Prediction pattern Divergence Trading: Predict the future Trading plan: Retracement/Reversal Strategy Opening and closing position: Two simple trading strategies Currency Correlation: Fundamental Strategy – play your currencies like a …