kemi usoroh / Blog

Sometimes a market breaks out of a range, moving below the support or above the resistance to start a trend. How does this happen? When support breaks down and a market moves to new lows, buyers begin to hold off...

This strategy leverages early market moves of certain highly liquid currency pairs. The GBPUSD and EURUSD currency pairs are some of the best currencies to trade using this particular strategy. After the 7am GMT candlestick closes, traders place two positions or two opposite pending orders...

When it comes to Forex, scalping generally refers to making a large number of trades that produce small profits individually. When using a scalping strategy, traders usually expect to gain between 5 to 10 pips per trade...