Search Results for: Price Action

Support and Resistance indicator

Support and Resistance indicator   An indicator draws Support and Resistance lines in your chart. Good tool for Price Action traders.   Works on M15 , M30 and H4.   Free Download    

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New Science of forex Trading-RapidTradeFinder

New Science of forex Trading Rapid Trade Finder System By // newscienceofforextrading.com Toshko Raychev LONG ENTRY RULES:  1. Cloud is colored Blue showing an uptrend going on at the moment. 2. Price falls towards the blue cloud and touches/penetrates it, or better closes in it. 3. Long entry is opened when white arrow appears. 4. Stop Loss goes a few pips below …

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The good trader is the trader who can manage those losses

I want you to write this down so you can see it every single day! It should be your mantra. Memorize it! “A good trader isn’t the trader who doesn’t lose, a good trader is the trader who can successfully manage those losses”. I was talking to a fellow trader this evening, and we talked a lot about the emotional, …

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Market Conditions Not To Trade

Market Conditions Not To Trade There are good times to trade and there are bad times to trade. It’s important to know the difference.   Every trader wants to make money, and the only way to do that is to be in the forex markets. When the markets are not moving right, being in the markets can be a bad proposition. Not taking …

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Staying Out Of The Market is a Position

    · The value in not trading….is not losing! First off, everyone needs to understand why being flat the market can actually be a LUCRATIVE position… Let’s say your account value sits at $5,000. Market conditions are really choppy and have been for about a week now, but you REALLY feel an URGE to trade. So, you end up …

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Forex Trading Secrets-Trading-Strategies- JAMES DICKS

  Forex Trading Secrets-Trading-Strategies   By // JAMES DICKS   The FOREX (i.e., FOReign EXchange) market is an international market where the money (currency) of every country is sold and bought freely. It was launched in the 1970s at the moment of introduction of free exchange rates, and the price of one currency against another that occurs from supply and demand is determined only …

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