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Horizontal Lines – Fading key levels with price action trigger

Horizontal Lines – Fading key levels with price action trigger

Horizontal Lines – Fading key levels with price action trigger   This strategy is meant to show the simplicity and power in simply looking for two things: a key level in the market (horizontal line) and an obvious price action signal. Some of the biggest moves in any market are signaled by a price action setup that formed at a ... Read More »

Flags Chart Patterns

Flags Chart Patterns

Chart patterns are good warning signs as well. If properly identified, it can help anticipate when the price would continue or when it will reverse. I pay close attention to flags, head and shoulders, and triangles. Now we will talk about Flags : When the price makes a sudden move up or down, it forms a very steep angle. This ... Read More »

what is the trending market !

what is the trending market !

  what is the trending market ! A trending market is simply a market that is consistently making Higher Lows (HLs) and Higher Highs (HHs), or a market that is doing the inverse – moving down and making Lower Highs (LHs) and Lower Lows (LLs). See below how the Dow Jones was in a nice bullish uptrend. As you can see, the ... Read More »

FX Engine Trading System

FX Engine Trading System

  FX Engine Trading System   Rules Long positions : Please refer to diagram.png Stop Loss :EUR/USD 50 pips, GBP/USD 65 pips, USD/JPY 65 pips, GBP/JPY 80 pips Take Profit : open Trailing Stop: EUR/USD 30 pips, GBP/USD 40 pips, USD/JPY 40 pips, GBP/JPY 50 pips Exit with All Conditions Short : Rules Short position : Please refer to diagram.png ... Read More »

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