Since the MACD indicator is comprised primarily of two moving averages, many traders classify it as a “lagging” indicator…one that signals an entry well after the move has begun. If you are of that belief, read on and learn how to use the histogram bars to “speed up” the MACD signal and get you into trades sooner.
Adding new lots to a winning position can be an effective trending market strategy. As the EURGBP moves toward 2012 lows, traders will look to add fresh entries.
Adding new lots to a winning position can be an effective trending market strategy. As the EURGBP moves toward 2012 lows, traders will look to add fresh entries.
Rather than merely placing one’s stop based on an arbitrary number of pips, using long wicks as a guide for stop placement can create a very effective trading edge.
Rather than merely placing one’s stop based on an arbitrary number of pips, using long wicks as a guide for stop placement can create a very effective trading edge.
The GBPUSD has broken to lower lows this week. Going into tomorrows NFP announcement, traders will watch key support levels for fresh breakout entries.
The GBPUSD has broken to lower lows this week. Going into tomorrows NFP announcement, traders will watch key support levels for fresh breakout entries.
Traders are always on the lookout for an indicator that will signal or give them the “tip” that they need to determine which direction the pair will move next. While an absolutely foolproof indicator such as that does not exist, candlestick reversal patterns are often overlooked. This article will highlight some of the major reversal patterns that traders follow.
Traders are always on the lookout for an indicator that will signal or give them the “tip” that they need to determine which direction the pair will move next. While an absolutely foolproof indicator such as that does not exist, candlestick reversal patterns are often overlooked. This article will highlight some of the major reversal patterns that traders follow.
There are many methods that can be used to enter a trade. When a pair is in a strong trend, this strategy for entry and stop placement is one of my personal favorites.