Occasionally countries or regions take aggressive action in the currency markets to support or suppress a currency pair. A recent example is when the Bank of Japan intervention into the USD/JPY and other Yen related pairs. Another example is currently occurring in the EUR/CHF, and it creates a rare and unique trading opportunity. Swiss Bank […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Hi everyone, In this article I am going to explain you and introduce you the “Traders Dynamic Index” indicator. TDI is […]
Not every day is going to be easy to trade–some days are, some days aren’t. Depending on trading style, a tough day for one trader may be a glorious for another, but the fact remains every trader faces tough market conditions. Since I don’t start trading the EUR/USD until well into the European session, nearer […]
Another trending day for the EUR/USD, providing ample opportunity to trade the short-side (puts) during the London session and the start of the US session. To take advantage of the downtrend, look to enter on pullbacks and exit on the next swing lower. Using 0.01% envelopes provides a context for pullbacks on a 1-minute chart. […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Good day traders, In this article I am going to show you and explain you how to use a double- CCI- […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Good day traders, In this article I am going to show you and explain you about the Gann HiLo Activator. It’s […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Good day traders, In this article I am going to show you how to use DeMark Trend lines. There are traders […]
Clearing your charts of all indicators forces you to focus on the price. Price movement is what creates profits and losses, and is therefore the most valuable indicator you have. Price Action Entries October 31 was a trending day for the EUR/USD; trending days are relatively easy to trade as long as you trade with […]
When day trading, looking at both the long and short-term technical outlook of an asset can be a big advantage. If you only look at a 1-minute chart for example, you may be missing the larger trend. And if you only look at a daily, hourly or 15 minute chart you’re likely missing a lot […]
One of the first lessons we often receive as traders is “trade with the trend.” This is good advice, which I recommend following. But how can you tell when a trend is trustworthy, or strong? While it is good to trade in the same direction as a strong trend, if the trend is weakening or […]