What is a currency strength meter and how does it work? Now, one of the struggles of a Forex trader is you’ve got many currency pairs to choose from. For example: You’re bullish on EURO but, you have the option to trade: EURUSD, EURJPY, EURGBP, EURAUD, EURNZD, EURCAD, etc. So which currency pair do you […]
The 50 Day Moving Average Trading Strategy Guide
The 50 Day Moving Average Trading Strategy Guide Here’s the deal: There are endless possibilities when it comes to moving average. You’ve got the 50 day moving average, 100 day moving average, 200 day moving average, etc. So you’re wondering: “Which is the best moving average?” Well, there’s no best moving average out there because […]
The Complete Guide to Keltner Channel Indicator
The Keltner Channel is a simple but powerful trading indicator. It helps you better time your entries, improve your winning rate, and can even “predict” market turning points. And if you want to learn how to do it, then today’s post is for you. But first… What is a Keltner Channel and how does it […]
The NO BS Guide to Forex Indicators
When it comes to Forex indicators, many traders are guilty of this deadly mistake… They don’t know how Forex indicators really work. And that’s a problem. Why? Because if you don’t know how a Forex indicator works, then you don’t know when is the right time to use it. If you don’t know when is […]
The 200 Day Moving Average Strategy Guide
The 200 day moving average (MA) is one of the most followed indicators. Just tune in to financial news and you’ll hear stuff like… “The S&P has broken below the 200 day moving average — it’s a bear market!” “You should buy when the price cross above the 200 day moving average.” “Apple just closed […]
The Complete Guide to MACD Indicator
This won’t be the usual MACD indicator stuff you see online. I won’t tell you to… Look for a MACD Divergence Wait for a MACD Crossover Wait for the MACD Line to cross above 0 Here’s why… The MACD is just like any other indicators — it’s NOT meant to be traded in isolation. If […]
The Complete Guide to Donchian Channel Indicator
The Donchian Channel indicator is powerful. It’s like a Moving Average — on steroids. Once you’ve learned the secrets, you’ll hit me on the head and say… “Why didn’t you tell me earlier!?” Because good things come to those who wait. So here’s what you’ll learn today: What is a Donchian Channel and how does […]
A Complete Guide to Stochastic Indicator
Let me ask you… Have you ever looked at a chart and noticed the Stochastic indicator is overbought. So, you immediately go short because you think the market is about to reverse. And here’s what happened next… The market stalls. Pause for a while. …and then it blasts off higher! Clearly, you got stopped out […]
The Complete Guide to ATR Indicator
I love the Average True Range (ATR) indicator. Because unlike other trading indicators that measure momentum, trend direction, overbought levels, and etc. The ATR indicator is none of it. Instead, it’s something entirely different. And if used correctly, the Average True Range is one of the most powerful indicators you’ll come across. That’s why I’ve […]
The Bollinger Bands Trading Strategy Guide
Here’s the thing: Many new traders think they need more indicators to be a consistently profitable trader. But the truth is… It doesn’t work that way. Imagine this: The price is above the 20 period MA but RSI is showing the market is overbought. At the same time, the ADX indicator is at 25 which […]