Entries & Exits: Visits to 16 Trading Rooms by Alexander Elder Come behind closed doors and see real trades made by real traders. Dr. Alexander Elder leads you into 16 trading rooms where you meet traders who open up their diaries and show you their trades...
Many traders know NRTR indicator and some of us are using it in our trading systems. What is NRTR? if I am not mistaken - NRTR is Nick Rypock Trailing Reverse) and the theory behind it is the following (see image): This Nick Rypock concept was invented in 2001 by Konstantin Kopyrkin...
The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex by Markus Heitkoetter The Simple Strategy is very popular amongst traders for the following reasons: Clear Entry Rules When trading "The Simple Strategy", there's no second-guessing...
Hour: Which hours of the day will produce the best trades? Session: Which trading session has the most action? Day: What is the range for particular days of the week? Month: Do the days of the month differ? One of the key elements of any trading system is market timing...
The first step of any range trading strategy is to find the range. This can be done by identifying support and resistance on the chart. To begin, add a 30 minute chart to your screen, which includes a minimum of 1 weeks’ worth of price data...
Looks like the Euro is stabilizing after a wild ride and a great short. COT reports show commercials cutting bullish dollar bets for the 3 rd week in a row and there are Gartleys on the 4h chart. See my profile and chart for further discussion. https://www.mql5.com/en/users/on111...
Fractals indicate natural resistance and support levels, which helps to identify good entry points and locate stop-loss points. Most importantly, fractals help me identify trends and ranges...
A marked downward revision in the U.S. growth rate may generate a short-term rebound in EUR/USD should the preliminary 4Q Gross Domestic Product (GDP) report dampen bets for a mid-2015 Fed rate hike...
The concept of The Forex Fractal is more than just a strategy idea. It was first explained to me in depth by top trader and CTA (Commodities Trading Advisor) Chris Lori. If you find what follows interesting, I definitely recommend the study of Chris’s materials...
The US Dollar continues to oscillate in a range above the 1.23 figure against its Canadian counterpart having begun a downward reversal as expected. Near-term support is in the 1.2328-81area, marked by the 38...
Divergence is one of the trade setups used by Forex traders. It involves looking at a chart and one more indicator. For our example we shall use the RSI indicator...
RSI values of above 70 are considered to be overbought; traders consider points above the 70 level as market tops and good points for taking profits...
Currencies are great to trade , but can be very volatile as recent events such as the Swiss bank move have proven. Why not add stock Indexes? All the techniques you use on currencies work well - often better on stock Indexes...
Classic divergence is used as a possible sign for a trend reversal. Classic divergence is used when looking for an area where price could reverse and start going in the opposite direction...
EURUSD EUR/USD remains in consolidation mode below 1.1500 Declining volume during the recent rise suggests the advance is likely only corrective A lack of momentum in daily OBV also favors an eventual downside resolution A close above 1.1535 on above average volume will turn attention higher...
A slowdown in Canada Retail Sales may spur a larger advance in USD/CAD as the Bank of Canada (BoC) adopts a more cautious outlook for the region...
A contraction in U.K. Retail Sales may spur a near-term pullback in GBP/USD as it dampens the outlook for a stronger recovery in 2015...
2015-02-18 19:00 GMT (or 21:00 MQ MT5 time) | [USD - FOMC Meeting Minutes] past data is n/a forecast data is n/a actual data is n/a according to the latest press release [USD - FOMC Meeting Minutes] = It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the e...
Why Active Management Fell Off a Cliff – Perhaps Permanently (TRB) but see If you want to make money on the markets you’ve got to tune out the noise (National Post) Apple Pay gets a big vote of confidence from the U.S...
