The Claw Pattern Trading Strategy was designed by our team at TSG to take advantage of the historical surge in Bitcoin price. Bitcoin price surged to a record high of $19,783 and has gone even past $20,000 on Asia cryptocurrency exchanges at the end of 2017. Read...
These days, there is a lot of discussion about automated trading vs manual trading. One of the main things that caused these discussions is the flood of automated trading systems increasing in the marketplace. There are THOUSANDS of Forex trading robots out there, and...
One thing I do that helps me to open good trades and avoid bad trades is a Forex Checklist. This checklist has a list of rules that must be in place before I enter a trade. I have found that if you create a checklist, it will assist in having the discipline to stick...
Did you ever consider investing in alternative cryptocurrencies other than Bitcoin? If the answer is yes, look no further. The best Ripple trading strategy can make you millions by trading one of the fastest-growing cryptocurrencies. At the end of 2017 and the start...
Measured Move Chart Pattern Strategy Today’s trading strategy is about a not so well-known trading pattern aka the bullish measured move. The measured moved chart pattern strategy is both a reversal and a continuation trading strategy. Our team at Trading Strategy...
This guide is all about how to use pending orders in trading. The currency markets operate 24/7. That's a lot more than any of us can remain sitting at our computer screens, obsessively monitoring each price tick up and down for all our currency positions and...
As forex traders, we're generally trying to develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took "time" into account as well? Here are a few time-based ideas to consider while you're pondering the...
Crypto Guide for Beginner Traders This crypto guide for beginner traders is the ultimate guide into the crypto world that will teach you the basics of cryptocurrency trading. Like anything in life, you don’t just invest without knowing what it is you are investing in....
Enhance your ability to analyze trend reversals in the market and take advantage of them effectively by using support and resistance, chart patterns, break of trendlines, divergence, and change of our trend indicator. The trend is your friend until it bends. Simple...
These days, there is a lot of hype surrounding auto trading systems. If you are a regular subscriber to any Forex website, you have probably seen ads or received emails promoting trading systems. Every company claims to have the best trading system and to be able to...
Hello, Forex Traders! Have you ever traded futures and/or stocks? Irrelevant of the answer, everyone knows how important volume is the analysis of stocks and futures. Volume, open interest and price action are the key components in trading decisions. Did you notice...
Hello Forex Traders, today's article focuses on scaling in and scaling out in forex. This money and trade management technique is a sophisticated method to keep losses small and make bigger profits. In other words, it is not important how many times a Forex trader...
Bear Flag Chart Pattern Strategy Today’s trading strategy is about one of the most reliable continuation patterns, the Bear Flag Pattern. Our bear flag chart pattern strategy will give you a framework to conquer the market trends. Our team at Trading Strategy Guides...
Our goal in this article is Fibonacci! Get ready for the Ultimate Guide to Fibonacci Trading! Why Fibs? I realized how often I actually refer to Fibonacci and Fib levels in my articles. Choosing this topic was very easy, to say the least. I will provide you with a...
If you want to maximize your forex trading strategy to get maximum effectiveness; it is important that you develop a system and process to evaluate your performance. I will outline the exact steps I use to help me improve the performance of my strategy optimization...
Here it is, my personal trading plan out with the world to see and review. I have asked trading expert Kim Krompass from the Price Action Institute to review my plan and find holes in it to make it better so I can adjust and improve. I believe in reviewing something...
Let’s use the Average True Range Indicator or ATR: Why? Because (A) it’s a very helpful indicator, and (B) not a large percentage of forex traders use it, which means that using it will give you an edge that the majority of traders don’t have. Anyway, you can get an...
Mark Thomas -- Trade On Track Before I lose you, let me quickly explain what a "fractal-based trailing stop EA" is - it's more useful and interesting than it might first appear! This is apart of a few articles is to design and develop an Expert Advisor (an automated...
Help improve your trading with the forex power indicator. Traders can access this FREE tool by visiting this part of the Trading Strategy Guides website. The tool is an AMAZING help for all Forex traders! And it will tremendously BOOST your performance so it is very...
Amazing Rectangle Chart Pattern Strategy In today’s trading strategy tutorial, you’ll learn how the pros trade the Rectangle chart pattern strategy. We also call this the rectangle trading strategy because it is one of the simplest technical price actions that you can...
Today’s strategy has a challenging goal. We want to spur contribution from our readers to participate in a global project that aims to collect as many currency AND currency pair characteristics as possible. Every currency pair has its own specific behavior, movement,...
In trading, there are a lot of different debates. These debates range from Scalping vs Swing Trading to Martingaling vs Anti-Martingaling to Automated Trading vs Manual Trading, etc. Today, I want to discuss the logic of using a trailing stop to get out of trades vs...
Day trading with the best Stochastic Trading Strategy is the name of the strategy we’ll discuss today. As the name suggests, this is a stochastic strategy suitable for day traders. The stochastic strategy is much the same as the Day Trading Price Action - Simple Price...
The Murrey math trading lines strategy is the most attractive Forex trading strategy because it’s suitable for all time frames and it can be used to trade different markets likes stocks, commodities and Forex currencies. Murrey Math is a complex set of support and...
A simple yet profitable strategy and a plan is the ultimate key to consistent long-term profitability because it allows traders to capitalize on their edge without emotions day in and day out. Today’s post is presenting you with a profitable and solid trading swing...
Hi Forex Traders, I am sure you will love today’s topic: “10 Things You Need To Know About Fibonacci, including Fibonacci sequence, and Fibonacci retracement”. Many traders would argue that Fibonacci is the most powerful tool available in the Forex market. And I...
If you really want to learn a profitable way to trade then look no further. The Double Top chart pattern strategy uses simple and sound trading principles. When used correctly, it can turn your trading results around. This is a very successful approach to basically...
The Trend Following Trading Strategy This trend following trading strategy article will teach you how to use the Ichimoku Indicator to follow trends. You'll use this indicator to enter and exit trades successfully. Ichimoku Kinko Hyo gauges support and resistance then...
This Forex educational article will be dedicated to reviewing all the aspects regarding Take Profit, so I am sure that you are going to enjoy this Forex training guide. For those of you who missed the earlier publications, please read the article on “stop losses” and...
In this article, we will cover the Martingale System, which is my favorite way to trade but is very dangerous. Please understand that if you wish to try this forex strategy, you are risking a lot. The idea of Martingale is not a trading logic, but a math logic. It is...
Candlestick Patterns Strategy If you can learn how to trade candlestick patterns, it is a powerful weapon for your trading results. Each and every candle is providing traders with information. It is conveying a message how to read and interpret the current status quo...
Double Bottom Chart Pattern Strategy This trading strategy tutorial is designed to teach you how to trade the double top chart pattern strategy. The double bottom reversal pattern is different from the triple bottom pattern and triple top pattern. Although, it is...
Trend Line Trading: The Trend Breaker Strategy I have developed a new Trend Breaker Strategy that simple and yet easy to understand. In this article, I will teach you how to draw trend lines correctly, trendline breakout confirmation, trendline trading strategy...
This article provides an overview of how every trader should use moving averages to improve and accelerate trading. Therefore, this article offers the 3 hidden secrets of the moving average in forex. Let us know if we missed one! The moving average is a great...
By Jason Van Steenwyk Section 998 vs Section 1256 The taxation of forex contracts is complex, but at least it gives you options. No pun intended. Among the key decisions any forex trader must make, though, is deciding on the tax regime that will govern his or her...
Time will be one of the most important variables all traders will need to think about. In fact, your preferred trading time frame will directly affect which trading strategies and indicators will be most effective for you. While some traders want to hold positions for...
Did you know, that the ability to identify where the current Swing High, Swing Low is on a given chart has a massive implication of your success as a trader? By identifying Swings correctly, you'll be able to Stop and/or Target in the correct place to boost your...
Hello Forex Traders, What is the difference between horizontal lines and trend lines in forex trading? That was a question I recently received from a member of our trading room. It’s an excellent question and today’s main article topic in fact. Differences between the...
The Symmetrical Triangle Trading Strategy: Step By Step Instructions If you like price geometry, nothing beats the Symmetrical Triangle trading strategy. How about geometry and drawing shapes like lines and triangles? Well, you're in for a treat. Our Triangle Breakout...
Trade forex like the banks Our jobs as retail traders are simple: Know the banker's way of trading the forex market. Join their trades. Remember, we are not trying to beat the bankers nor the market. We are simply trying to trade forex like the banks. This blog post...
All I did was search the Internet for a good Forex strategy. Then I found the 123 candlestick pattern and I never had to look for another strategy again. Actually, all I was interested in was trading entries. I thought if I could pick the right direction every time, I...
The Forex market has a large list of currency pairs that traders can choose to trade. Each country (or economic zone) offers its currency in an exchange with another currency zone, which creates dozens of currency crosses. The list varies from the most famous (i.e....
Hello, Forex Traders! Often I mention the importance of establishing whether there is a trend in play, or not. Logically when there is a trend in place, the trader has the opportunity to trade with the trend setups or countertrend reversal setups. If the market is...
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. In Part 70 we continued of built-in array functions in our MQL4 tutorial. In this installment, we'll begin our discussion of multi-dimensional arrays. For the last...
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...
Learn how to profit from trading pullbacks with this helpful guide. 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. Our team at 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. Wedge trading is one of the most effective methods for identifying breakouts and finding profitable trading opportunities. When it comes to price action trading,...
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...
Find out how to find opportunities in forex in this complete guide. In the Forex market timing is key because the price makes many ups and downs and/or consolidations prior to its trend continuation. A trader does not want to buy or sell at any random spot but wants...
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...
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...
