Welcome Traders! Today’s article is going to be focused on Naked Forex Trading! Naked? No not me, don’t worry! I mean the charts. This means that the charts will have no indicators on them what so ever! You can trade forex without indicators. We also have training for...
The Forex market is constantly offering lower and higher quality trade setups. It is our job as traders to scan, recognize, select, enter and exit the ones with the best odds and reward to risk. The best way is via a strategy. A Forex strategy helps identify setups...
Long Term Trading Strategy for Forex There are many reasons why I believe a long term trading strategy will set you up for success. More so than using smaller time frames to trade, and I will get into several of those reasons within this article. Here you can see a...
Zero to $1 Million in 18 Months Forex Trading What if I let you follow along, looking over my shoulder every step, and show you how to use forex trading to go from Zero to $1 million in 18 months? Sound like fun? Is it possible, as a forex trader, to go from nothing...
Warren Buffett doesn't need an introduction to the investment world. But he’s not normally thought of much in the world of FOREX trading. After all, Buffett and his irascible partner, Charlie Munger, are not active traders. Instead, they built their fortunes, and...
Trade with Price Channel Pattern Strategy The Price Channel pattern trading strategy is one of the smartest ways to make money trading. The Price channel pattern is one of the most intuitive and easiest chart patterns. This article will teach you how to implement it...
Bump and Run Chart Pattern Strategy The Bump and Run chart pattern is a remarkable reversal pattern that will help you spot the end of a trend and the beginning of a new one. The Bump and Run trading strategy is a very aggressive market strategy that seeks to...
In this post, we are talking about simple moving averages in Forex. Like every indicator, a moving average does lag behind price action itself, and in my opinion, a simple moving average alone is not going to provide you with great trading opportunities. Still, simple...
Profitable Cup and Handle Trading Strategy The profitable Cup and Handle trading strategy might be a humorous name. But the cup and handle pattern has a long history and was discovered by the famous trader, William J. O’Neil. He founded the stock brokerage firm,...
Triple Top Chart Pattern Trading Strategy The Triple Top chart pattern trading strategy is a reversal trading strategy that seeks to take advantage of a simple yet very powerful chart pattern. One of the main benefits of a reversal trading strategy is that it gives...
With the start of a new month, Forex traders have the luxury of analyzing new monthly candlesticks and patterns. In January of 2015, there was a wide range of valuable information. This post reviews those interesting opportunities and conclusions on the majors which...
Online forex trading continues to grow in popularity all over the globe. The worldwide web and its increased level of availability has made it easy for people to trade currencies from any location – including from the comfort of their own home. It has also become...
This article is going to give you a simple yet extremely powerful method (plus a free indicator) to use currency strength for trading success. (Just see the bottom of the article where I am up over 800 pips on a single trade for reference.) The best part of this...
This article will discuss the Awesome Oscillator and how you can use this multiple time frame trading to your advantage to make more pips! But before we explain the ins and outs of this indicator, we would like to ask you whether you use a lower case indicator? And if...
All Forex traders strive to build their own profitable strategies. Well, this day is your lucky day! We’re willing to share the best ADX strategy with you, which was built by a professional trader. Our team at Trading Strategy Guides firmly believes the easiest way to...
Last month we discussed a price action strategy (I’m partial to price action strategies using near-“naked” charts) using Pin Bars. While I like that strategy and will continue to use it, it requires the trader to be attentive to every chart, every hour. That doesn’t...
By Michael Storm Here is a simple trading plan for pip growth that can double forex account in 7 weeks. I personally believe that this is conservative and doable for a lot of folks. But, if you think it is too aggressive, feel free to scale it back to something that...
Swing Trading Options Strategy The swing trading Options strategy is an uncomplicated approach that will generate fast and secure profits. This is the best swing trading Options guide that our team at Trading Strategy Guides has used for many years to skim the market...
If you’re new to this series and want to check it out from the beginning, you can find that here. And look here for a list of all the programming articles. In Part 70 we continued of built-in array functions in our MQL4 tutorial. In this installment, we'll begin our...
Andrews Pitchfork Trading Strategy Today’s article is about the Andrews Pitchfork trading strategy and how we use it in our trading. The Pitchfork trading system in an old forgotten trading technique that projects potential support and resistance lines. Our team at...
Mark Thomas -- Trade On Track An important step in the development of an automated forex trading strategy (trading robot or EA) is the testing phase. Testing should involve back-testing as well as forward-testing and be performed as accurately and extensively as...
CLASH OF GIANTS Today’s Forex article is geared towards explaining the battle of 2 worlds. Independent of the time frame, Forex traders will regularly witness a trend which will sooner or later “run into” bigger (higher timeframe) support or resistance level(s)....
Before we begin our discussion on how to trade Elliott Wave, let’s learn how the Elliott Wave theory was discovered. You will learn why the Elliott wave strategy is so popular today. In 1930, Ralph Nelson Elliott set out to learn about the stock market after...
Best Momentum Trading Strategy Implementing the best momentum trading strategy can be the ideal way to build and manage your trading account. Our team at Trading Strategy Guides believes that a momentum indicator strategy can reduce risk. It can also enhance your...
Occasionally, price is able to accelerate further than any Forex trader expects. In these cases, the price has a strong impulse or thrust, and it keeps extending to new extremes. Even though catching an impulsive trade is great, what does a trader do when they miss...
Learning how to profit from trading pullbacks is simply the most profitable approach to trading. You must have heard the phrase “The trend is your friend.” The most convenient way to trade in the direction of the trend is by implementing a pullback trading strategy....
Forex Trading is weird... You can't just buy or sell a currency, you have to trade them in pairs against each other. So, how do you make sense of this? If you want to sell (or "short") the USD, you have to match it up with another currency in order to make a...
The wedge trading strategy is a reversal trading strategy that has the potential to generate big profits. When it comes to price action trading, the most important thing is recognizing certain patterns in the market. Our team at Trading Strategy Guides has dedicated a...
This article looks at the most common reasons why professional and new forex traders lose money on the forex market. Instead of learning from failure, learn how to avoid it to avoid losing money. Knowledge Deficiency - Most new forex traders do not take the time to...
The exponential moving average is the oldest form of technical analysis. It is one of the most popular trading indicators used by thousands of traders. In this step-by-step guide, you’ll learn a simple exponential moving average strategy. Use what you learn to turn...
In trading, we all know there are a lot of variables. One huge forex variable is the trend. Almost every trader wants to recognize the trend, whether they are going to trade with it or against it. But it begs the question, what is the trend? We determine this through...
In the Forex market timing is key and crucial because the price makes many ups and downs and/or consolidations prior to their trend continuation. A trader does not want to buy or sell at any random spot but wants to define that moment – even if their type trend...
Wondering how to qualify for tax trader status? The good news is that if you are a full-time, hardcore Forex trader, there are some significant tax advantages available to you that aren’t available to casual market participants. The bad news is that it can be tough to...
Before you start trading you MUST have a trading plan. Trading is a business and no person would even start a business without a business plan. And no, trading is not a "hobby". Hobbies are for fun, not profit. No one starts trading without planning to make money at...
This guide is all about a simple forex trading strategy using impulse moves. We are going to take some time to focus on impulsive and corrective moves as an attempt to explain the market behavior of a trading week. We will cover currency patterns, strategy...
Choosing the right Forex trading platform is essential if you’re going to be trading on every single day. You need a flexible trading platform that fits all your personal trading needs. Trading the market is a difficult process, you want to make sure you make your...
Every time that you buy a stock the price of that stock would be the same no matter which broker you bought it from. This happens because the stock market field is strongly regulated and the prices are obtained from one central exchange such as the New York Stock...
At Trading Strategy Guides we really love the idea of having different chart patterns, whether is advance price patterns or simpler ones that pretty much everyone has heard of like what we’re going to talk in this article namely the bullish flag pattern. The bullish...
This article is aimed at traders that truly want to be successful at trading. We will discuss the most important skill set that all traders must develop. After reading leave a thoughtful comment or question. We will respond promptly and do all we can to help you...
The key to success in trading is all about maximizing your profits and minimizing risk. The Average True Range Trading strategy will help you to achieve just that. The Average True Range indicator, or the ATR indicator, will help you to reach this goal. Our team at...
What is Trading? What is trading? What are the keys to successful trading? In today’s modern society almost everybody of us has been involved in trading in one way or the other without even knowing that we have done so. In reality, every process of exchanging money...
I started as a professional forex trader to make money, but I didn’t have a plan. Can you guess what happened? Yes, that’s right. I blew my account fast. It's a good thing it was a micro account with $100, but it would have been better if it was a demo trading...
This article opens up a new series where we talk about the genesis of trading robots or Expert Advisors (EA). Trading bots are increasing in popularity in the forex world and many newcomers jump in and buy them without really knowing what they're doing. This article...
In today’s article, we’re going to talk about breakout trading. We will cover some of the best trading tactics used to trade breakouts by professional traders. Breakout trading is one of our favorite entry types when trading the markets. Our team at Trading Strategy...
Do you want to become a trading master? Or just be like everyone else and try to get by? Finding a strategy or technique that works for you can be time-consuming. There's no one way to learn. Some people shadow live traders. Others turn to courses and strategies....
Just as the construction industry does not build windows before it builds walls, Forex traders should not risk capital before their trading plan is complete. Remember, each layer of foundation is needed before adding the next one; otherwise the groundwork is not...
Forex news trading is probably one of the most exciting forms of trading because it can produce instant profits and instant gratification. Our team at Trading Strategy Guides has been getting lots of questions in terms of how to trade around big Forex news events....
Every morning I scan the charts in search of opportunities Technical analysis in the Forex marketplace. I review various time frames and currency pairs and narrow down the list of potentially tradeable pairs for that day and week. Typically, when these articles are...
The subject of Stop Losses is very important to every Forex trader. Why? Simply put, the stop loss level is the ultimate level where a trader chooses to accept a losing trade. Stop Losses enable traders to cut their losses, when appropriate. They are a necessity...
How do you make money trading? Which assets are the best to start with? By the end of this guide, you'll have everything you need to know to get started trading. Our team at Trading Strategy Guides understands that each asset class or instrument you’re trading (FX...
Short-term trading is one of the most popular trading approaches adopted by retail traders. This is because it gives you instant gratification. Our team at Trading Strategy Guides enjoys keeping our trading strategies simple. In this article, we’ll demonstrate how to...
Trading a Small Account As a new trader, I had enough money stored away to make a decent-sized trading account. But as my newness and ignorance took control, I quickly had a small account. I blew all of my money learning. At that point, I knew how to not lose. But I...
Hi traders, today I want to talk to you about what a Successful Forex Trading System is all about! As shown in the graphic below, a good strategy is a structure built on some critical foundations. When creating a forex trading system, it must be supported by an...
The Best Gann Fan Trading Strategy How do I use the Gann Fan indicator? How do I draw Gann Fan? these are the most common questions about this indicator. But for a good reason, though! This trading strategy is a complex support and resistance trading strategy. It uses...
The Cypher Pattern Trading Strategy will teach you how to correctly trade and draw the cypher pattern. You can use the cypher harmonic pattern on its own and have a profitable Forex trading strategy. It’s not a mystery that geometric patterns are in the Forex price...
Hello Forex traders, When trading, did you ever analyze your own strengths and weaknesses in forex? This is a vital step in becoming and/or remaining asuccessful Forex trader. All Forex traders must establish their key personality strengths and weaknesses to maximize...
Reversal Trading Strategy In this article, you are going to read about a trading strategy that teaches you how to use a parabolic SAR indicator (Stop And Reversal) trading tool, along with two moving average trading strategies to catch new trends on the reversal. This...
Hello Forex Traders! The NFP is around the corner again! This is always an exciting event in my opinion, even though I never was (nor will be) a news event trader. To me, the NFP event is something similar to a holiday feeling because of the anticipation of exciting...
This Channel Trading Strategy can be a huge difference-maker in your trading arsenal. In this article, I am going to show you why going off on the “rabbit trail” is not such a bad thing after all! I will also show you a forex channel trading system, trend channel...
Best Options Trading Strategy This simple, profitable trading guide teaches stock options trading for beginners. The strategy applies to the stock market, Forex currencies, and commodities. In this article, you will learn about what options are, how to buy Put and...
By -- Casey Stubbs Today I am going to dive into an advanced Forex trading discussion with the goal of changing your mindset about some fundamental ideas in trading, trading plan components, and discipline in trading. I will also be starting a discussion in the...
What is the Most Accurate Forex Indicator? Identifying the best indicator combinations in Forex can help your trading strategy immediately improve. Technical indicators help traders analyze currencies, stocks, and other tradeable assets. With the right combination of...
If you’re searching for a trend following strategy that will turn your trading around, today’s your lucky day. The MACD Trend Following Strategy, as the name suggests, is one of the best trend following strategies to use. This strategy is similar to the trend...
Eliminate Bad Trades! On Saturday when the markets are closed is a great time to reflect and plan your trades. This can be done effectively using weekly charts, which give you the overall trend definition. Take a look at this Forex tutorial video with a weekly trading...
What are realistic and acceptable Forex income goals? Setting realistic trading revenue goals is a tough question to answer because there are so many factors. Each trader is different, and the reality is that most traders lose money. The reason is that trading is...
This Support and Resistance Zones Strategy will enable you to take trades exactly at the area price will reverse. Trading support and resistance lines are critical for every trader to implement into their system. In this article, you will learn how to calculate...
Best Scalping Trading Strategy: The Simple Scalping Strategy Thanks for stopping in! We've had many requests for the best scalping trading strategy over the years. We decided to get on board and give you an easy scalping technique. We think this is the best scalping...
The Psychology Behind Trading - Establishing a Trading Mindset If you do not have the right trading mindset you will fail. This is the most important thing you possess as a trader. The trading mindset is something you need to start working on right now even before you...
Have you been looking for a strong, simple, and useful price action trading strategy lately? This price action strategy will teach you how to spot dead zones, red zones, and end zones. Be ready to hear some Football terminology! This sounds a bit complex. But trust...
Our team at Trading Strategy Guides is launching a new series of articles. They can be found in Chart Pattern Trading Strategy Step-by-Step Guide. These articles will enhance and elevate your trading to a new level. This technique will give you a framework to examine...
Finding the Forex Trend is the best to find an edge and become a successful trader. This article will show you how to identify a forex trend. While this is not a forex trading strategy, understanding forex trends will give you a solid foundation. Having a solid base...
FRACTALS and how to trade the fractal indicator Fractals are a great tool for technical analysis and enhance your Forex trading plan and FX trading strategies. Fractals are a very useful FX trading tool and technique: They provide a safe entry method. Even more...
If you have been looking for one of the best Fibonacci Retracement Channel Trading Strategy, look no further than what our team here at Trading Strategy Guides.com have developed! The Fibonacci Retracement Channel Trading Strategy is designed for any market, and any...
Stock Market Psychology Understanding stock market psychology is one of the most important tools you have as a trader. Last month's Advanced Training taught us the correlation between Market Psychology and Trading. Because trading is attached to money, many emotions...
Multiple time frame analysis is one of the most important things you should be doing before you take every trade. So, in order to get you to remember this before you bust out your charts and start trading, consider this true story. It explains what multiple frame...
Do you know how to trade with the best Fractal Trading Strategy? This Fractal Trading Strategy will answer all of your questions about fractals. You'll learn how to use this strategy step-by-step to hit consistent winning trades. Today, we will dive into a strategy...
Hello Forex traders, At one time, USDJPY is pushing through the yearly high and the UJ bounce or break spot was mentioned in a previous article. Let's take some time to use this as an example of bounce trading in forex and the role of support and resistance. Role of...
This article is all about Support & Resistance. The more you learn about trading the more you get familiar with the value of learning the different aspects of price action. In fact, learning different price action techniques could be enough to make you a full-time...
Today we want to take a look at a great pennant forex trading strategy. You will learn what a bullish pennant and what a bearish pennant is and how to make a pennant flag. This strategy similar to our breakout triangle strategy we have developed a while back, but only...
How does Psychology relate to Trading? There is a tremendous correlation between Psychology and Trading. Since trading is attached to money, many emotions are in play. In particular, emotions such as Greed and Fear are intimately associated with trading. These...
Hi there Forex Traders! Today’s article is focused on anticipating trend reversals in forex. When can Forex traders expect a trend to end? What signs are visible and looming on the horizon when the trend is losing steam? Find the answers to these questions and more in...
Do you want to learn How to Profit From Trading? How much do professional forex traders make? These questions we can answer, but first, you will first need to learn the game behind the trading. I am going to show you exactly how this works and how you can profit from...
The Bill Williams Awesome Oscillator strategy is a momentum strategy that takes advantage of the most immediate trend. This strategy is similar to our Breakout Triangle Strategy. This is because it will only give you entry signals when the momentum is confirming the...
Auctions are a great way to get a particular item for a great price. It can also teach us many lessons as traders such as trading supply and demand zones, how to identify supply and demand zones on a chart, supply and demand trading methods, and lastly high...
Breakout Trading Ever wonder how to trade triangle patterns that form on your charts? Or maybe you have seen the same pattern over and over and didn't even know they were what's called "triangle pattern trading." In this strategy, you will find out key price action...
We are excited to give you a new strategy this week on the head and shoulders pattern rules. Do you want to know how to trade the pattern? Are you looking for an effective Head and Shoulders Price Pattern Strategy? Then you came to the right place! These rules will...
What is a Reversal? Reversal Trading is pretty much what it sounds like; price turning and going in the opposite direction. Some reversals are merely retracements - the market taking a breath from a long run. Others are actual longer-term market direction changes. The...
In this article, we will teach you one of the best price action trading strategies. It is simple to learn, and not confusing, mainly because it does not require any indicators on your chart. This is forex price action trading to its core. You will also benefit from...
A lot of folks are looking for forex trading advice these days. So, I figured I would pass this on to the whole Winners Edge community. One of the things we look for consistency in the Trading room is USD strength or weakness and Yen strength or weakness. Then we...
To use indicators or not to use indicators? This question refers to the opening phrase “to be, or not to be…” in Shakespeare’s famous play of Hamlet. Many traders do opt for trading “naked” and solely using price action (momentum) and/or candlesticks for their trading...
In this article, you will find how to use Bollinger bands in day trading. This strategy uses two of the most popular trading indicators on the market, Bollinger Bands and RSI. They are used to simply find a price “bounce” that occurs during the main trend. If you have...
The Strike 3.0 tools are used for two different strategies: Strike 3.0 Momentum Strategy Strike 3.0 Reversal Strategy In this training, we will be discussing the Momentum Strategy. Next month, we’ll look at the Reversal Strategy. Also, read about Fading the momentum...
Fibonacci Trend Line Strategy: 5 Steps To Trade I am going to share with you a simple Fibonacci Retracement Trading Strategy that uses this trading tool along with trend lines to find accurate trading entries for great profits. There are multiple ways to trade using...
Is trading ok with God? Is it biblical? Is forex trading a sin? Is trading stocks a sin? These are good questions that perhaps some wrestle with or have questions about. Let's examine Forex Trading and the Bible. Our first and last stop will be The Bible (all...
Thanks for watching this video. Please let us know if you have any question on this Funny Video! Also, please give this video a 5 star if you enjoyed it! [ratings] SHARE THIS ON...
The GBPUSD is offering an interesting trade setup. The Cable has corrected sideways for 2 weeks and a breakout trade is around the corner. Let’s review technical and fundamental analysis. TECHNICALS This post will use the TOFTEM model to analyze the technical picture....
Not many currency pairs are trending due to the usual quietness during the summer. Luckily there are usually a couple of exceptions to this rule; whereas other pairs are close to breaking into a direction. One of those pairs could be the EURCAD. HEAD & SHOULDERS...
The EURJPY has tremendous potential of wide open space for a continuation of its downtrend – although it does need to break one crucial level before the road is clear. Once the support level is out of the way, the EURJPY could be ready for a free fall to lower levels....
As all traders should know, the power of the trend is very mighty... And this force could be ready to be unleashed on the EURAUD! The EURAUD is known for its big trending movements... When this pair starts trending, then every trader wants to pay attention – very...
Summer time is hitting the Forex markets fast and hard. Price movements are slowing down and chart patterns appear quicker than usual on the majority of the currency pairs – especially contracting triangles are popular. How can a trader tackle these chart pattern...
