Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.
Actively managing stops is just as important as entry execution. Using the fixed trail funcion in FXCM Trading Station we can define trade risk while locking in profit in trending markets.
Actively managing stops is just as important as entry execution. Using the fixed trail funcion in FXCM Trading Station we can define trade risk while locking in profit in trending markets.
Price action on the current 4 hour chart of the GBPJPY currency pair has formed a triangle pattern. Based on that pattern, this article will demonstrate when to enter the trade and where to place the stop as well as the limit.
Price action on the current 4 hour chart of the GBPJPY currency pair has formed a triangle pattern. Based on that pattern, this article will demonstrate when to enter the trade and where to place the stop as well as the limit.
June is just getting warmed up in its second week of trading. Using our building block method of trend identification, we will see if the EURJPY can continue its current 411 pip trend.
June is just getting warmed up in its second week of trading. Using our building block method of trend identification, we will see if the EURJPY can continue its current 411 pip trend.
Actively managing stops is just as important as entry execution. Price channels can help find highs and lows on a graph to assist in defining trade risk.
Actively managing stops is just as important as entry execution. Price channels can help find highs and lows on a graph to assist in defining trade risk.
Last Friday, the FXCM SSI Tidal Shift Strategy indicated the potential for a counter trend bounce higher. This bounce is closing in on a significant resistance level at 1.2665.