New Forex Trends

Simple Swing Trading Strategy using Support and Resistance Levels

Swing trading strategy is one of the most popular trading strategies used by the professional trader in the financial industry. Many large institutions and bank trade in the direction of the prevailing trend using the swing trading system for the long term. Since this strategy is a trend following technique, you can easily ride the prevailing trend until any major bearish trend reversal signal. This system is free from all the indicators and the traders trade the important support and […]

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Extremely Profitable Price Action Fibonacci Trading Strategy

Price action Fibonacci trading strategy is one of the most advanced and profitable trading strategy used by the professional traders. Traders use the Fibonacci retracement tools to identify the market reversal point in the direction of the trend. The most important Fibonacci levels used by the professional trader are the 38.2%,50%, and the 61.8% retracement level. Since these level act as strong support and resistance level of the pair, traders use price action confirmation signal in the relevant Fibonacci ┬álevels […]

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Breaching EMA Trading Strategy with Minor Retracement

Trading with two exponential EMA in the direction of the prevailing trend gives generates extreme profitable entry signals for the traders. Professional traders prefer EMA trading in the trending market to trade in the direction of the trend. In this system, two exponential moving averages are used to identify the potential entry points during the strong trending market. The 100 and 200-day exponential moving average acts as excellent support and resistance zone in any currency pair. Professional traders take cautious […]

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