Drawing Trendlines
What rules need to be observed when putting a trendline on a chart?
What rules need to be observed when putting a trendline on a chart?
EURGBP has been finding resistance walking down the fibonacci retracement levels.
The term ‘Ichimoku,’ literally means ‘one glance,’ in Japanese. Ichimoku is considered to be a self-contained system in the fact that no additional indicators are necessary – everything is included that most traders will need to make trading decisions. How can we use it in our own trading?
Trade Management with Risk Reward Ratios, Trailing Stops and Multiple Lots.
When deciding which way to trade a pair, the daily trend is our first filter.
Trade Management with Risk Reward Ratios, Trailing Stops and Multiple Lots.
The EURGBP is testing a resistance line that has held since 2008.
Trendlines not only show direction, they also show entries.
Using Stochastics to pick the bottom can be a risky game to play.
Like a thief returning to the scene of the crime, many times, prices return to that point of breakout.