New Forex Trends

Chart Pattern Breakout Trading Strategy Using RSI Indicators

There is a famous proverb in the forex industry which argues that history repeats itself and that this repetition can often lead to profitable trading forecasts. The price movement in the forex market always follows a specific price pattern. In the eyes of a trained forex professional, these specific price patterns create the most important parameter for trading in the financial markets.  Range traders often prefer to trade forex pairs within the specific price movement that is offered on a daily […]

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Forex Technical Analysis: The ZigZag Trading Strategy using Stochastic Oscillators

The zigzag indicator is one of kind indicator which can help us to find the impulsive wave and corrective wave. Professional traders use the zigzag indicator to identify the next possible move of the wave in the prevailing trend. After extensive analysis day, traders have come to the conclusion that this indicator works best with the prevailing trend and stochastic oscillator. The trend line in this strategy works as the potential buying and selling zone whereas the ZigZag indicator helps […]

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Advanced Trading Strategy in Primary and Secondary Trendlines

Trend trading is the most profitable trading system in the forex industry. Most of the professional traders who are successfully trading the forex industry and making the consistent profit out of it are trend traders. There are two types of the trend in the market, uptrend and the down trend. Since it’s an advance trend trading strategy we will further divide the trend into two parts. The primary trend reflects the long-term movement of the price and the secondary trend […]

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