Today we will talk about price action analysis, an important aspect of technical analysis on Forex. Price Action analyzes price behavior and patterns and can identify almost any market trend.
Category: Strategies
Strategies section covers a lot of data on the latest trading strategies on Forex. Here you will find strategy descriptions and possible scenarios to open/close positions.
Today, we will speak about another trading strategy meant for minute charts, with a potential profit of 10-15 points per trade. The characteristic feature of this strategy is the use of the ADX indicator on small timeframes: normally, it is used on daily charts, as its author advised.
The Ten Point trading strategy is well-known by a wide circle of market participants and is based on simple entry rules; the percentage of profitable trades is quite high.
The Midnight trading strategy is a curious way to work on daily charts. It requires very little time from the trader: just assess the charts at midnight, place pending orders, correct and track changes (at midnight only).
In this article, we’ll talk about a group of indicators called xSuperTrend, application of which, together with certain rules, may provide trading on the Forex market with positive mathematical expectations.
In this article, we will review a trading strategy based on two Exponential moving averages (EMA) and such indicators as RSI and Parabolic. This strategy helps to find entry points in the direction of the active trend after corrections.
Today, we will speak about a trading strategy called Parabolic SAR & Awesome. It is not widespread in financial markets including Forex.
The Providec trading strategy is one of the simplest Forex strategies that I have ever seen: just two indicators than never close the price chart.
In this review, we will discuss trading overbought and oversold areas. A trader may use special indicators that analyze the dynamics of price changes and show the overbought and oversold areas.
The Forex Racer strategy is designed exactly for this type of chart, and traders say it gives good opportunities for active trading.