Trading Strategy Articles –
When trading in the forex market, traders who wish to maximize their probability of success should pay close heed to several key principles and practices. This article discusses some of these principles and then provides a specific, step-by-step strategic method for putting them into effective practice.
In this article we’ll cover correlations in the currency markets and how an understanding of these relationships can help you diversify, hedge and develop trading strategies.
Sometimes it is nice to reexamine a simple concept when there appears to be overwhelming volatility in the markets. Mechanical systems and patterns are helpful and even necessary for the structure they impose in organizing data, but even Richard Dennis in his original course discussed ways to “anticipate” entry signals, exit trades early, and filter out “bad” trades.
Fibonacci jumped into the technical mainstream late in the bull market. Futures traders had it all to themselves until real-time software ported it over to the equity markets.
Every year when preparing for the annual ChartPattern.com stock trading conference, I have a chance to look back on which trades worked best over the past year and what trends are emerging for the year ahead.