This is a compilation of tips and tricks I know for trading with support and resistance lines. The tips range from where to draw the lines, to how to confirm the lines, ways to trade and how to derive some targets. For more information on what, why and how support and resistance lines work check […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. August 18, 2014 Even for those with plenty of trading experience and have had a pretty good period of consistent success, […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. August 15, 2014 Another day of trading the GBP/JPY. The EUR/USD is my standby as I’ve mentioned, but changing things up […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. August 14, 2014 The EUR/USD was uninspiring to start the day so I looked over at my back-up pair, the GBP/JPY, […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. August 13, 2014 In the past, I was more aggressive in my trading in that I would often take trades on […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. August 12, 2014 Tuesday was more EUR/USD trading once again. It’s definitely my favorite pair/asset to trade given how consistent it […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. August 11, 2014 Heed the trend Having consideration for the trend is a large part of trading successfully. Ideally, all “newbie” […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. I started watching the EUR/USD around 2AM EST, and immediately the thing that popped out was the pivot level working as […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. August 7, 2014 The GBP/JPY had a big spike up ahead of the European open before once again re-settling below the […]
Resistance lines are one of the basic tools of technical analysis. They are lines that denote areas where price action is likely to pause, stop or reverse. Why is this? It is because they are areas on a chart or price levels where the market is selling and is said to be resistant to higher […]