price action

Forex Breakout System: Follow up on last post

Forex Breakout System: Follow up on last post

Forex Breakout System – Follow up on last post – Live Eur Chf Trade Please read the last post first if you have not already done so. Here’s the link: Forex Breakout System http://www.asiaforexmentor.com/forex-breakout-system-live-eur-chf-trade/ On the last trade, we placed a breakout trade on both side. A pending buy order and a pending sell order. […]

Forex Breakout System – Live Eur Chf Trade

Forex Breakout System – Live Eur Chf Trade

Forex Breakout System – Live Eur Chf Trade What we are looking at now is a Live Forex breakout system trade. Forex Pair: Eur Chf Time Frame: 1hr If you look at the chart above. The pair has a nice history of consolidating bars and then to eventually breakout. (look at the 3 circles drawn […]

Forex Breakout Strategy: Simple Trade, Simple Profits

Forex Breakout Strategy: Simple Trade, Simple Profits

Forex Breakout Strategy: Simple Trade, Simple Profits Forex Pair: Usd Chf In Forex trading, there are various forex trading strategies. I would like to show you a forex breakout strategy as shown in the chart above.It is simple yet highly powerful. In the chart above, we see a series of bearish bars (red bars) -> […]

Forex Hours – What are the Best Forex Trading Hours?

Forex Hours – What are the Best Forex Trading Hours?

Forex Hours – What are the Best Forex Trading Hours? This is one critical question that bugs most new traders.Forex Hours: What are the Best Forex Trading Hours? When you read several other sites, they speak of trading when the market is open etc.So when the new york market is open, the usd pairs are […]

Forex Price Action Pin Bar

Forex Price Action Pin Bar

Forex Price Action Pin Bar Forex Pair: Aud Usd This is a nice scenario when all the timeframes has a forex price action pin bar.I will make this post simple.As we all know we enter with the trend and not against the trend. – As we all know the trend is our friend.Therefore, in all […]

Forex Blog: Are you Losing Wasted Money or Earning Extra Money?

Forex Blog: Are you Losing Wasted Money or Earning Extra Money?

Forex Blog: Important Forex Tip – What’s the currency held in your broker? This is one very important thing that every forex trader should know.What’s the currency that you hold in your forex broker account?Regardless of which country are you living in.Your currency denominator in your forex account should NOT be in USD.This may come […]