singapore forex workshop

Forex trading strategies – Breakout Trades

Forex trading strategies – Breakout Trades

Breakout trades Gbp usd has been consolidating for a long time. When these happens. We know that the market would eventually break out. But whether does it breakout long or short? Do we care?No.. We will place an pending entry buy order and sell order above the highest high and the lowest low.Therefore when price […]

Different ways to play the market 08/07

Different ways to play the market 08/07

Forex trading strategies I would like to do an slightly advanced forex strategies postAs we all know, the market spends most of its time in consolidated movements as shown in the boxes highlighted. Therefore we would have entered on the top of the first arrow and taken profit on the first tick (drawn in the […]

Follow up to previous post – Eur gbp

Follow up to previous post – Eur gbp

Forex Trading Strategies: Eur gbp h4 Pls read the previous post first before reading this By our entry yesterday, we would have taken our first profit at the first new arrow. Although price did not touch the confluence, we always give price some leeway and thus we would have taken our profit below the confluence […]

Forex trading strategies – Eur Gbp

Forex trading strategies – Eur Gbp

Forex trading Strategies: Eur gbp h4 First Highlighted box: Entry on the 2nd touch of the base consolidation. 1) Take partial profit at the fibonacci 61.8% , and take full profit at the close of the bar. 2nd Highlighted box: Entry on the touch of the base of the fibonacci 61.8% level.Stop loss as shown […]

price action – first time back 2/07

price action – first time back 2/07

A continuation of the previous post – same forex pair: nzd usd Price action bar as highlighted in the box. Pin bar first time back to the confluence of the moving averages is always good. Entered on the break of the pin as shown in the chart. Have moved to profit zone already. Will be […]

follow up to previous post – nzd usd 30/06

follow up to previous post – nzd usd 30/06

Forex trading strategies : nzd usd h4 Pls read the previous post before reading this. No price action is form at the “?” area on the previous post. Which also might means that the trend is changing. In a ranging market like the highlighted box area. We have 2 methods of playing it. 1) We […]

Forex Trading Strategies – nzd usd 29/06

Forex Trading Strategies – nzd usd 29/06

Forex trading strategies nzd usd h4 All can profit in a trending forex market, it is the full timers that profit in a ranging market. Above example is one. Price is in a channel as shown in the highlighted box. First arrow point up at the price pivot area (blue line). Price action : inside […]