Forex Euro Scalper Pro EA is a profitable and fully automated FX Expert Advisor for both beginners and pros! This EA is excellent for Long-Term Profits. Euro Scalper Pro is a proven short term scalping system with outstanding results over many thousands of trades. The EA focuses on short-term intraday trading and places pending orders at a possible break out levels. This … [Read more...]
Forex Strategies – Best 30 Free 2017 Forex Strategies
Best Forex Strategies Of 2017. A forex trading strategy is a well-developed, organised and tested system or procedure that helps a trader to go about his or her forex trading. They are also commonly referred to as trading systems. Forex strategies are essentially a combination of different forex indicators that provide signals to the traders, thus helping them in the decision … [Read more...]
Price Action Trading And Strategies
Price action trading is analyzing the movements of the price to make a trading decision. It fall under the category of technical analysis. Price action trading is focused on the relation of an instrument’s current price to its past prices. In another words price action is everything that a security’s price does. Price action is simply observing how prices fluctuate. It is … [Read more...]
Forex Market Gap Trading Strategy
A gap or price gap is a scenario where the market opens outside the previous bar or previous day's range. They are mainly unanticipated for and if they find you in the market without stop losses then you will be in for a sock. They also very much frequently happen during news releases. Types of gaps Common Gaps This mainly occur due to lack of liquidity in the market. … [Read more...]
Pivot Points – Drawing Your Own Support/Resistance
Professional traders use pivot point for the identification of important levels of support and resistance. Simply put, the pivot point and its levels of support / resistance areas where there could be a change in the direction of prices. Pivot lines are particularly useful for (short-term) traders who want to take advantage of small price changes. They can be very useful since … [Read more...]
Breakouts – How To Trade Forex
A breakout is a price motion that occurs in a different direction or pattern as compared to the previous price activity in the forex markets. By this it means that it can be a change from an uptrend to a downtrend or from a downtrend to an uptrend. Also, it can be a price movement above a well-established support or resistance level. You notice that when the prices move past … [Read more...]
Trading multiple Time Frames in Forex
Introduction Multiple time frame analysis in forex market is monitoring the same currency pair at same price over the different time horizon. It is essential for any trader to carry out multiple time frame analysis to get the clear picture of the market. Following only one time frame can be devastating to the traders since single time frame cannot generate all the … [Read more...]
Elliott Waves – How to Trade Forex Using Them
During 1920s genius named Ralph Nelson Elliott discovered that the stock market, although it was thought to behave in a somewhat chaotic manner, in fact predictable. They traded in repetitive cycles, which is noted as the emotions of investors and traders caused by outside influences. Market is always shown in the same repetitive patterns, which are then divided into patterns … [Read more...]