ATR Indicator (Average True Range) developed by Wilder, gives traders an overview of the volatility history in order to prepare for trading in the real forex market. Currency pairs that get a lower ATR reading show a low market volatility, while currency pairs with higher ATR indicator readings require proper trade adjustment in accordance with …
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Fractals Indicator – an indicator introduced by Bill Williams. Simple and versatile, fractals can be used as a stand-alone indicator or in combination with other Forex indicators Bill Williams also gives us his approach to using fractals in trading, which we are going to highlight here as well. But before that, let’s touch The basics …
Have you ever had requotes when you do order ?, it is very annoying isn’t?. Requote must have occurred when the broker offers Instant execution order type, and it is more widely used by the dealing desk broker type, and it will become more frequent when the market is experiencing extreme movement due to fundamental …
Sometime, you see that your order is not executed at the exact price you placed. Is that a cheat from broker? Or a bug of MT4 platform? Fortunately, it is not. This is the nature of the forex market, where price may changes faster than the speed of order filling. There are two execution method …
Continue reading “The Differences between Instant Execution and Market Execution”
One thing I have realized over years of helping people learn how to trade, is that most traders tend to try and tackle too many variables at one time, especially traders in the beginning stages of learning how to trade. They often want to trade 10 or 20 different setups with numerous indicators on their …
Continue reading “How To Start Profiting With Price Action Trading Strategies”
What is Price Action Analysis? My definition of Price Action Analysis: Price action analysis is the analysis of the price movement of a market over time. By learning to read the price action of a market, we can determine a market’s directional bias as well as trade from reoccurring price action patterns or price action …
How often do you see big moves in the market like we have seen recently, but you never find yourself profiting much from them? How often do you close a trade out prematurely just because it’s gone against you a bit and you ‘freaked out’ because you thought it would result in a bigger loss? …
Continue reading “How To Catch Big Moves In The Forex Market”
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