Category: Trading Strategies

What is it? To start I needs to assume that you know what is the support and Resistance in Forex trading. If not see few simple definitions and examples below. Support and Resistance are psychological levels which price has difficulties to break. Many reversals of trend will occur on these levels. When a certain… Continue reading Role Reversal Day Trading Strategy

MUST READ:  Candlestick patterns – 21 easy patterns ( and what they mean ) Bullish engulfing pattern. What is it? Engulfing patterns happen when the real body of a price candle covers or engulfs the real body of one or more of the preceding candles. The more candles that the engulfing candle covers the more… Continue reading Candlestick patterns trading strategies

Swing day trading strategy is all about vigilance! The trader needs to be on guard to notice a correction in a trend and then be ready to catch the ‘swing’ out of the correction and back into the trend. “And what’s a correction?” I hear you ask. Simple. Corrections involve overlap of price bars… Continue reading The swing day trading strategy

What is it? Heikin-Ashi chart looks like the candlestick chart but the method of calculation and plotting of the candles on the Heikin-Ashi chart is different from the candlestick chart. In candlestick charts, each candlestick shows four different numbers: Open, Close, High and Low price. Heikin-Ashi candles are different and each candle is calculated… Continue reading Heikin-Ashi Trading Strategy

The Moving average crossover strategy. What is it? Moving average indicators are standard within all trading platforms, the indicators can be set to the criteria that you prefer. For this simple day trading strategy we need three moving average lines, One set at 20 periods, the next set at 60 periods and the last… Continue reading The Moving average crossover strategy