One of the simplest and yet best strategies, is to get long when price is visiting a trendline in an uptrend after a downward correction or to get short when price is visiting the trendline in a downtrend after an upward correction (see the two daily charts of EUR/USD that are following. Also for better […]
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Swing trade based on descending triangle
To trade a descending triangle first of all you must spot one that is clear formatted. The clear formation of the upper line is more important than the clear formation of the lower line. In case that the upper line, which is basically the trendline in a downtrend, is not clearly defined then it is […]
Read MoreA very simple trading strategy
A simple trading strategy doesn’t mean an unreliable strategy, on the contrary. Success in trading lies on a set of simple rules that have to be followed strictly. By rules we basically mean technical analysis and risk management rules. A very simple trend following strategy which works in all time frames (day & swing trading) […]
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