A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy, my dear friend, so absorbed in the exquisite sense of mere tranquil existence, that I neglect...Read More
Majorities of traders are of the opinion that the forex market moves randomly. There are others who think that, price movement may not be entirely random but they follow a specific pattern of trends. One of the most fundamental ways to measure price trend in the forex market is through the use of fractals. Fractals characteristically divide bigger trends into very simple and predictable turnaround patterns. In...Read More
Overview The Bladerunner is a forex price action trading strategy that makes use of only Price Action to discover trade entries. Even though bladerunner strategy doesn’t require indicators, the RSI, MACD, stochastics or moving averages can be employed to filter potential entry points. However, one of the successful ways to gain from this strategy is by using the 20-day Exponential Moving Average (EMA). The bladerunner trade and...Read More
The Fibonacci pivot Strategy is trading strategy that combines the use of both the popular Fibonacci sequence and pivot point to trade forex. They are decisive points on charts where the price action may witness strong support or resistance and if knocked out of order it can signify strong moves. If you’re presently in a trade or trying to commence a trade, it’s essential for...Read More
Overview: A number of forex traders keep an eye on prices trade in narrow ranges for extensive periods of time, to enable them to trade breakouts when the opportunity lends itself. Given that breakouts stands for a sharp rise in price movement either up or down, traders concentrate on catching on the movement as fast as possible. Excessively zealous traders are attracted to follow the...Read More
The forex market, also known as the foreign exchange market, is where the globalised trading of currencies is carried out. The essence of trading currencies is to attempt to profit from the variations in the rate of exchange between one currency and another. Currency trading is possible because many of the world’s currencies are allowed to “float”, i.e. their values are determined by the forces...Read More