One of the reasons why many new traders find it very difficult to profit from the forex market is because they do not trade in the direction of the trend.... Read more

Mean reversal trading strategies using a band or channel type of technical indicator is one of the most basic ways many traders trade the market. It is a simple trading... Read more

There are two psychological factors that play with a trader’s mind whenever they are trading the forex market. One is greed and the other is fear. While most traders blame... Read more

Momentum breakout strategies are good starting points for new traders. This is because strong momentum often causes price action to continue further in its direction as it carries volume along... Read more

Divergence trading is probably one of the most underrated technical analysis techniques that many new traders overlook. It is not as popular as a technique as most simplistic trading setups... Read more

“What comes up would always come down!” Reversal signals coming from overbought or oversold market levels are inherently high probability momentum reversal trade setups. This is because such price extremes... Read more

Momentum breakouts is a type of market condition wherein price is moving strongly in one direction, usually within a few candles and at times even started with just one price... Read more

Technical traders have been attempting to incorporate statistics with trading. Afterall, a trading edge based on technical analysis relies on probabilities. However, many attempts to do so often prove to... Read more

In the past, trading often seemed to be exclusively for the intellectually savvy and financially capable individuals. Every now and then there are some renegades who break the mold and... Read more

Supports and Resistances are key levels in which traders should look out for. These are levels in which price tends to find it difficult to break through. There are several... Read more