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.
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.
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.
Traders across the globe have been confounded by a growing phenomenon; one that has perplexed the savviest of fund managers. Financial headlines are talking about it, and it’s a ‘hot-button’ issue to many currency traders right now – and that is the weakness that’s been seen recently in the Japanese Yen.
Traders across the globe have been confounded by a growing phenomenon; one that has perplexed the savviest of fund managers. Financial headlines are talking about it, and it’s a ‘hot-button’ issue to many currency traders right now – and that is the weakness that’s been seen recently in the Japanese Yen.
Many traders will rely solely on an indicator, Stochastics, MACD, RSI, CCI, etc., to determine their entry point for a trade. If the indicator signals a buy, they buy. If the indicator signals a sell, they sell. This article will offer a higher probability strategy for using your indicator of choice: only take entry signals when they are in the direction of the trend.
Many traders will rely solely on an indicator, Stochastics, MACD, RSI, CCI, etc., to determine their entry point for a trade. If the indicator signals a buy, they buy. If the indicator signals a sell, they sell. This article will offer a higher probability strategy for using your indicator of choice: only take entry signals when they are in the direction of the trend.
Ichimoku is an exciting technical trading system that was developed in Japan before World War II, and has been in use since. This article will walk through some of the Ichimoku setups available to traders right now.