Most Common Breakout Strategies in Forex
Breakout is the move of an asset above or below a certain level or area. It could be a support, resistance or even a trendline.
Breakout is the move of an asset above or below a certain level or area. It could be a support, resistance or even a trendline.
If you open a trade at an early stage of a trend, you can make a higher profit. You may also benefit from the entire trend if you exit the trade at its end. This should be a feasible task as long as you can find trend reversals in the market.
You know that the Forex market is open 24 hours a day, 5 days a week. But what does a 24-hour day in the Forex market actually look like?
A trend is a directional price movement. The ability to correctly identify a trend can significantly increase your trading performance.
Support and resistance are some of the fundamental concepts of technical analysis. They allow spotting the most preferred areas for buying and selling.
Support and resistance are some of the basic concepts of the Forex market. Proper drawing of these levels is the key to increasing the number of winning trades.
High impact Forex news moves markets! Whether you’re an active news trader or not, there’s no hiding from the fact that Forex news is a significant market mover.
A trendline trading strategy is one of the most popular choices amongst Forex traders.
In this article, we will focus on the main Pivot Point trading strategies. But first, let's figure out what pivot points are.
Trend reversal traders often need two main tools in their trading. The first one is the ability to recognize potential trend reversals. Without doing this, they would miss out on reversals a lot.