Managing a trade after the position has been opened is most associated with trend trading. Since range trading is a more straightforward strategy, this concept is often not applied. This article will show three methods of managing a range trade.
Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.
Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.
The USDCAD has moved over 480 pips after a brakout above parity. A developing pennant pattern can help us decide if momentum is to continue.
The USDCAD has moved over 480 pips after a brakout above parity. A developing pennant pattern can help us decide if momentum is to continue.
Part I discussed risking no more than 5% of trading capital on all open trades. This article will outline the benefits of finding positive risk reward ratio trades. Then an example will be given of how to implement a positive Risk Reward Ratio trade.
Part I discussed risking no more than 5% of trading capital on all open trades. This article will outline the benefits of finding positive risk reward ratio trades. Then an example will be given of how to implement a positive Risk Reward Ratio trade.
The AUDUSD has bounced over 600 pips against its primary daily trend. In order to spot market direction and potential trend resumption, traders turn to short term time frames.
The AUDUSD has bounced over 600 pips against its primary daily trend. In order to spot market direction and potential trend resumption, traders turn to short term time frames.
Whether placing trades through an automated system or a discretionary approach, it often benefits traders to have a cohesive strategy. This article series will walk you through building a complete strategy.