Setting REALISTIC Profit Target and Stop Loss is an important part of good money management, and setting the maximum amount you are willing to lose per day, week, and a month is equally as important. Another aspect of good money management is risking a small percentage (.5 – 1% or less) of your total account[…]
If you want to trade trending markets, then ForexWOT Trend Combo System is one of the best ways to identify the direction of the trend. Absolutely SUPER SIMPLE and EASY trading system. They say the trend is your friend. Or, ride the trend until its end. But, what should a trend trader do to ride[…]
The Heikin-Ashi technique is used by technical traders to identify a given trend more easily. Hollow candles with no lower shadows are used to signal a strong uptrend, while filled candles with no higher shadow are used to identify a strong downtrend. This technique should be used in combination with standard candlestick charts or other[…]
I have developed a new Auto Trend Line Strategy that simple and yet easy to understand. The first thing you need to do is identify an upward, downward, or sideways trend by switching to a daily and 1 hour time frames. The reason both are used is that it will give you the best perspective[…]
