Divergences are an important tool for binary options trading and one employed by many intermediate and advanced traders. This tool can form in several ways and on several different indicators but the basic theory is the same for all. In fact, divergence theory is so well though of in the trading community that there is […]
When a strategy provides a lot of signals, such as the one I use for trading a 1-minute or 5-minute chart on the EUR/USD (see: Forex Day Trades – October 7 and subsequent posts), some traders may find it beneficial to add an indicator to help them figure out which signals to take and in […]
There is a wide of array of sentiment indicators which you can use to generate trade ideas and confirm trades. One of the most popular ones is the long-short ratio. It shows the percentage of traders who are long and short a particular currency pair. Over time we can see how a currency pair’s price […]
Mondays are historically the lowest volatility day of the week. That means some special attention is required when selecting trades. Figure one shows EURUSD volatility per weekday, with Monday averaging about 60 pips of movement. Wednesday and Thursday see a significant jump in volatility. Figure 1. November 11 is also special since North American […]
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 will explain you basic things about how to trade in the Futures Markets. First […]
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 traders, Today I am going to show you an easy and fast way to trade pin bars. I use these […]
Whether you trade Forex, stocks or stock index binary options, there was a lot of movement on November 7 to capitalize on. Just prior to the start of the US session the ECB Interest Rate announcement sent the EUR/USD flying lower, dropping about 150 pips in 2 minutes, it then consolidated for a few minutes […]
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 […]