The EURUSD day trading strategies produced a potential profit of 32.49R this week. That’s the highest weekly potential seen all year so far…although each month has had at least one big 20+R week. The strategies used, and their statistics for...
I’m willing to buy valid trade setups, but while I’m finding quite a few nice setups, few have been triggering the last few weeks and even fewer have been following through to the upside. I have primarily been focusing on...
A stop loss order helps control risk. A stop loss gets us out of a trade at a predetermined price or loss amount. Most forex brokers call the order a stop loss, which means we just need to input the...
The EURUSD day trading strategies produced a potential profit of 13.31R this week. The strategies used, and their statistics for the week, are outlined below. There were a couple of days with no opportunities due to low or non-strategy-confirming movement....
I am continuing to focus on trading Contraction patterns for my swing trading…but a lot of nice patterns recently broke out and then dropped. When the patterns aren’t working it shows buyers are getting weaker as the upward momentum can’t...
There are a number of continuation patterns in the stock market. In this article, I will discuss a few of them, how to find them, and how to trade them. A continuation pattern means the expectation is the price will...
There were 7 trading days between April 1 and 9, but two days were major holidays for the US and UK. I didn’t trade those days—and don’t typically recommend trading on major holidays—so these results are based on April 1,...
I am continuing to focus on trading Contraction patterns for my swing trading, but there are more Trend Channel trades popping up as well as Double Consolidations. See those articles for the basic strategy guidelines on all those patterns/strategies. Since...
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