Search results
-
Fibonacci Retracement Levels in Forex Trading
… Fibonacci levels have been used in trading for a long time - as soon as traders saw that price fluctuation of … all charting programs. Some have fan lines, arcs, and time periods as standard tools, but Fibonacci lines are … trading above or below the lines. The higher the time frame is, the more the levels trigger. The main task of …
read more -
Wolfe Wave Pattern Trading Guide
… of absolutely any instrument and it does not matter in what time frame we observe the formation of Wolfe waves. In addition … the purpose of the model working out and the estimated time of reaching this goal. However, the author himself …
read more -
What is Scalping Trading? Beginner's Guide & Tips
… one considers that scalpers are traders who have to spend time at the monitor with the trading terminal 24 hours a … second one describes scalpers as traders with a lot of free time who trade just 1-2 hours a day and leave the market. … intersection of MA lines). Trading takes place in the time frame M5, and the key rule is not to keep the position open …
read more -
How to Trade the London Breakout Strategy
… called the London Breakout. The system of trading over the time of its existence has grown many variations, but its … to correctly assess the market movement, and at the right time to place an order. The system is originally … during the London and American trading sessions. The time frame should not be high, the best option here is M15. It is …
read more -
Trading the Gap: What are Gaps & How to Trade Them?
… gap can appear at any period: from a minute to a weekly time frame. In the forex market, all of these gaps are considered … considered valid only if it appeared on a daily or higher time frame. Price gap in a candlestick chart …
read more -
Best trading tools for Currency trading - Guide 2021
… say, it is highly recommended to use them all at the same time, otherwise, there is a risk of losing the whole account … in different countries. It announces the scheduled time of publication, the importance of the news, and its … reflected vertically, and horizontally (on the top) - time frame. In the center, there are values, colored in two …
read more -
Backtesting in Trading: Unlocking the Secrets of Historical Data Analysis
… strategy include: Period: Select the specific time frame for backtesting. Ensure it aligns with your trading … you utilize an hourly chart for trading, stick to the same time frame for backtesting. Delays : Account for …
read more -
Trading With an Envelopes Technical Indicator
… as indicator shift shows the shift of Envelopes lines by time. If the shift is set as a positive number, the shift is … changed. Parameters are set depending on currency pair and time frame, the trader determines the correct parameters …
read more -
Testing and Evaluation of Trading System Efficiency
… or use a special program. The manual test takes more time than the computer one. Testing in the program allows … a Testing Period The testing period depends on the time frame in which the moment of entering the market is …
read more -
Forex Scalping: Strategies for Swift Gains
… In the fast-paced domain of forex trading, time is of the essence, and scalping has emerged as a … suitable for traders of all backgrounds, including part-time enthusiasts. This article provides a concise … are expected during the trading session. Multi Time Frame Analysis Conduct a comprehensive analysis using …
read more