This is THE BEST MOMENTUM trading strategy. “Momentum” simply means BUY something if it is going up, and SELL it if it is going down. There have been several academic surveys showing that applying this principle to all kinds of speculative markets is profitable over time and gives a winning trading “edge”. Another type of[…]
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[…]
