Last week I began a series of articles about Order Flow Trading. We defined Order Flow trading as a wide-ranging term for styles of trading that are all focused on anticipating where large buy and sell orders would be located, and in trading along in tandem with those orders.
There is a lot of confusion and dispute over what exactly order flow trading is, let alone how it can be utilized as a profitable trading method. We will be exploring these subjects in a series of articles beginning today.
Once we become familiar with the trading tools that are most common in the financial markets, it is important to start thinking about the ways these tools can be used.
One of the most common technical indicators that is used by day traders in the financial markets can be seen in the Moving Average Convergence Divergence -- more commonly referred to as the MACD.
If you are interested in trading binary options instead of or in addition to trading spot Forex, you need to think about the fact that what you need to do to achieve success is completely different between the two.
Many retail traders start out either restricting their trading to a few pairs, or trading every instrument they can get their hands on. Why is this? Find out here.
If a survey was handed out to retail Forex and Futures traders and one of the questions that was asked was “what method or system did they first trade with”, without a doubt the huge majority of traders would say they started with indicators such as moving averages, stochastic, MACD, Bollinger Bands and the list of goes on and on.
In this article you will learn the various aspects of the Pin Bar Trading Strategy used during a Pin Bar momentum break. Some of these features include the conditions needed for a potential long or short entry consisting of a single price bar/candle and the optimum time to place a stop loss.
This article examines several characteristics of the Outside Bar Trading Strategy used during an outside bar momentum break. These qualities include the conditions needed for a potential entry consisting of a single price bar/candle, where to place a stop loss and how to aim for a profit target using a risk to reward ratio benchmark of 1:1.
Since market conditions are always changing, traders will not only be able to implement a single trading strategy on each daily occasion. There will be many instances where no breakouts are visible and markets are caught in familiar ranges without any major impulsive moves. So, what should traders do in these instances?
When choosing a Forex broker, it’s critical that you do your research and make sure the broker is reputable, reliable and regulated. Check out this review about Neteller.com here.
Most traders are familiar with the use of Fibonacci ratios as entry and take profit points, but few have considered placing stops with FIBS.
These days, technical analysis is all the rage for day traders, but this trend does not mean trading news events should be avoided entirely. Instead, traders should wait for these events to occur so that the rest of the market has time to respond to these events in a clearly defined fashion.
The best reason you will ever have for switching brokers will occur if you ever find that you have a good reason to fear for the safety of your deposit. Learn about switching brokers, here.
You should always use some kind of hard stop loss order that is entered into your trading platform. When your stop losses are hit, it can feel like a slap in the face.