Analysis Strategies Trading Tips

What is Price Action Trading and How to Learn It

Despite their various advantages, nearly every technical indicator is faulted for lagging. Price action trading eliminates the overreliance on technical indicators simply by using candlestick and chart patterns to identify optimal entries and exits. The basis for price action trading is pure market movement; in a sense, price action trading is the foundation of all Read More…

Strategies Technical Analysis Trading Tips

Technical Outlook: EURO FX Futures (6E)

The daily trend is still bearish Price consolidating around the $1 level Range-bound trading opportunities on the 2-Hour Chart Introduction Because of the worse-than-expected CPI data and a strong Dollar, we can take advantage of many potentially good trades available in the markets currently. The fear of an economic crash in Europe is rising due Read More…

Ichimoku Cloud Indicator
Strategies Technical Analysis Trading Tips

Ichimoku Cloud Indicator Trading Strategies

The Ichimoku cloud indicator, also called the Ichimoku Kinko Hyo, is arguably one of the most versatile technical indicators. At first glance, it may appear convoluted and probably hard to understand, especially due to the several components. However, its greatest advantage is that it combines backward and forward-moving averages to determine an asset’s trend, momentum, Read More…