Currency pairs moving within price structures present high-reward trading opportunities. But so do the trends that follow a breakout. Here’s how to capture those. A price structure is when we can draw trendlines around price movements (highs and lows) and […]
Using the price structure forex strategy is a way to extract forex trading profits based on what the currency pair is doing, instead of what we hope it will do. Most people spend a lot of time looking for the […]
The one-bar or one-candle trailing stop loss aggressively moves the stop loss as each bar or candle closes. This reduces risk quickly, locks in profits, and prevents holding through a pullback. Use from the outset of a trade, or once […]
Many forex brokers offer trading via Contract for Difference (CFD) in oil, gold, the S&P 500, Dow Jones Indexes, and other commodities and financial products. These are based on futures contracts and don’t trade like currencies. These other products can […]
A Renko chart forms bricks of a certain size, and only forms a new brick once the price moves that amount. This helps filter out price noise, shows the dominant trend, and can be used as a trailing stop loss. […]
Here is what you should know about the Carry Trade — how to profit from it, and how to profit when it unwinds (often in dramatic fashion) — as a retail trader. Carry trades occur when there’s an interest rate […]
A trade trigger is a precise event that tells you to get into or out of a trade, right now. It helps avoid getting in or out too early or too late, skipping trades, or taking trades you shouldn’t. You […]
False breakouts frustrate many new traders. Pros know they are a part of trading and a huge opportunity. Here’s how to use them to your advantage. You come up with a trade idea based on an important technical level. It […]