78 Essential Forex Strategies - Part 12

Categories: 78 Essential Forex Strategies

Hi Traders, here’s another instalment of my essential forex strategies for professionals and amateurs…..
56. If price went up and broke through resistance, then price will pull back and becomes support if it continues to go up. Don’t buy too soon or sell too soon, wait for signals to determine the price direction before making a call.
57. Practice, […]

Hi Traders, here's another instalment of my essential forex strategies for professionals and amateurs..... 56. If price went up and broke through resistance, then price will pull back and becomes support if it continues to go up. Don’t buy too soon or sell too soon, wait for signals to determine the price direction before making a call. 57. Practice, Practice, Practice! 58. Never enter a trade in between support and resistance or pivot points. This is a No Man’s Land, as you don’t know where the price will ... Read More

Trade Alert! NZD/USD for a SELL

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, another exciting day of trading like. I have spotted a good set up coming on the NZD/USD. As everyone knows that the NZD is very bearish since the announcement that they will be cutting the interest rates from an hefty 8.25%. So if you still thinks that this is news to you, you […]

Hi Traders, another exciting day of trading like. I have spotted a good set up coming on the NZD/USD. As everyone knows that the NZD is very bearish since the announcement that they will be cutting the interest rates from an hefty 8.25%. So if you still thinks that this is news to you, you are either not a forex trader or you are hiding in some caves waiting for apocalypse. LOL, that being said, with the fundamentals on the bearish signal ... Read More

78 Essential Fx Strategies - Part 8

Categories: 78 Essential Forex Strategies

Hi forex traders, here’s another installment of the essential strategies every trader must be equiped with…..
36. If you have tested and seen it for yourself that EUR will move 70+ pips during the open of London session for the next 12 hours, then you can test this out for yourself. When you have determined that […]

Hi forex traders, here's another installment of the essential strategies every trader must be equiped with..... 36. If you have tested and seen it for yourself that EUR will move 70+ pips during the open of London session for the next 12 hours, then you can test this out for yourself. When you have determined that the trend for EUR is an uptrend today, try to find opportunities to buy on the dips. Set your stop to 20 pips loss, and ride the ... Read More

78 Essential Fx Strategies - Part 7

Categories: 78 Essential Forex Strategies

Hi Traders, here is a continuation of my 78 essential forex strategies…..
31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side […]

Hi Traders, here is a continuation of my 78 essential forex strategies..... 31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side but not too close to your entry point This is because price behaviour always has a tendency to spike up and pulls back to where it first ... Read More

EUR/GBP position trading

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, it’s been sometime I have been updating my trades. reasons due to my other business need my attention, and also most importantly I don’t see any trade set-ups when I have a chance to see the charts. I have traded this pair yesterday, because I find it too good to let go. Let’s […]

Hi Traders, it's been sometime I have been updating my trades. reasons due to my other business need my attention, and also most importantly I don't see any trade set-ups when I have a chance to see the charts. I have traded this pair yesterday, because I find it too good to let go. Let's analyse this EUR/GBP together. First, let us visit the EURGBP weekly chart...... What do you see? Answer: UPTREND!!! Well done. Simple right? Next let us visit ... Read More

GBP/USD daytrade strategy exposed

Categories: Daily Technical Analysis Tips and Picks

Sorry folks, been away for a week or so. But here’s the deal, just done straight of the oven. Have you notice positive divergence on the MACD and Stochastic on GBP/USD on horly chart. When you see such signals, get ready to long. Get a fibonacci and pull it from the recent swing […]

Sorry folks, been away for a week or so. But here's the deal, just done straight of the oven. Have you notice positive divergence on the MACD and Stochastic on GBP/USD on horly chart. When you see such signals, get ready to long. Get a fibonacci and pull it from the recent swing hi and swing lo. You will see that the fibonacci 38% converge with one of the pivot points, this is the area where you want to watch ... Read More

78 essential forex strategies - Part 5

Categories: 78 Essential Forex Strategies

Hi Traders, I hope you have followed the trade alert I posted yesterday on EUR/USD. Wait for signals on candlestick and divergence, then pull the trigger. Congratulations to those that traded. Join me as a member, I will always send out trade alerts by email.
Here is the continuation of my 78 fx strategies :
21. Never […]

Hi Traders, I hope you have followed the trade alert I posted yesterday on EUR/USD. Wait for signals on candlestick and divergence, then pull the trigger. Congratulations to those that traded. Join me as a member, I will always send out trade alerts by email. Here is the continuation of my 78 fx strategies : 21. Never trade in a No man’s land, that’s No convergences in all the 5 indicators. Only trade when there are convergence on the 5 indicators, Pivot points, MACD ... Read More

USDJPY descending triangle breakout trade

Categories: Daily Technical Analysis Tips and Picks

What do you see in this USDJPY hourly Chart? Yes, it is a Descending Triangle. The highest possible course for the price to go is down, as you can see all descending triangle, selling pressure is greater than buying pressure; so in the end, it will have to break out to the down side […]

What do you see in this USDJPY hourly Chart? Yes, it is a Descending Triangle. The highest possible course for the price to go is down, as you can see all descending triangle, selling pressure is greater than buying pressure; so in the end, it will have to break out to the down side where the support is holding. If you are unsure about this trade, go to my previous posts on forex strategies and systems, there you can find all ... Read More

EUR/USD divergence live trading

Categories: Daily Technical Analysis Tips and Picks

Traded this EUR/USD today, indeed it is a very good trade. Made 120 pips in 1 hour! If you have read my strategies, this is one of them that I used, using Bollinger band, pivot points, MACD Divergence and Fibonacci. This is indeed one of the Classic Give-Away Trade, you have all the convergence or […]

Traded this EUR/USD today, indeed it is a very good trade. Made 120 pips in 1 hour! If you have read my strategies, this is one of them that I used, using Bollinger band, pivot points, MACD Divergence and Fibonacci. This is indeed one of the Classic Give-Away Trade, you have all the convergence or confluence all at once! If you don't trade this it will be a trader's sin.Price action going over Bollinger band, MACD divergence Fibonacci extension 262%, Weekly R1, ... Read More