New Forex Trends

GBP/USD: Three-fold Trading Strategy with Modified Indicators

  GBP/USD: Three-fold Trading Strategy with Modified Indicators Forex traders are always looking for the best ways to increase the overall potential for profits in their trading systems.  Indicators can be extremely useful tools when trading the forex market, and professional traders tend to alter the value of different indicators from their default settings — depending on the currency pairs and timeframes that are being used. This enables forex traders to do extensive research with the adjusted value of the […]

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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: Modified Double Stochastic Trading Strategy

The Modified double stochastic trading strategy is the very profitable trading strategy in the forex industry. Professional traders use higher to the time frame to trade the major pair with this strategy. This strategy tends to work best while traded with the trending pairs. The major and minor swings prevailing in the trend can easily be identified by using the modified two stochastic indicators in any major pairs. Professional traders trade with enters into the market with the slow stochastic […]

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