Tag Archives : Time Frames

Momentum trading is a style of trading that is also known by another name, swing trading. Traders who use the momentum present in markets to place trades do so by riding price as it swings up and down with the trend over time. This form of trading is frequently used by professional bankers with deadly accuracy, but you will rarely find any private traders using this style. While other more inexperienced traders try to trade lower time frame charts, bankers are swing trading on the hourly, four hourly and daily charts with much better results. They [...]

OVERVIEWOur reviews are unlike others you will read.  We actually purchased and, tried to use this strategy.  We have not and do re-iterate marketing bumf from a vendors website nor do we cut and paste affiliation sales copy.  All our reviews are conducted by experienced traders that have really traded the system (or at least attempted to in this instance).The author of FX Childsplay tells us “Don’t waste another minute on Forex Trading Systems that just don’t work! This system truly blows the rest away”.This system “uses [...]

Many Day Traders are momentum traders who incorporate chart patterns in their strategy, the difficult part is identifying the stocks and avoiding the chat room banter which distract from profits.  We think it is best to have penny stocks identified which will have volume and volatility.  We want you to help you make money by removing the step of having to identify which penny stocks to trade.  Most websites are paid by the companies to list them, we identify them because they are currently in a promotional campaign.  Knowing this simple fact [...]

1: Go “Top Down” for best results. When looking for the best way to exploit intraday opportunities in the stock market, it’s always best to employ strategies that will allow you to have the wind at your back, so to speak. 85% of stocks follow the action in the broad market and as such you want to have the broad market moving in the same direction as your trades as often as possible. As time frames get smaller, from long term core holds to position trades to swing trades to daytrades, the direction of the broad market has a greater [...]

Using technical analysis and forex charts is an excellent way to make money in forex trading. The problem is there are a number of myths that traders fall victim to and lose. The mistakes are easy to avoid and enclosed. 1. Trying To be to Complicated Many traders see all the indicators that are available to them and think they have to use them, after all 10 indicators are better than 2 – Wrong. The best forex trading systems are simple and this means they are more robust in the hard world of real trading with fewer elements to break, than [...]

More novice traders are attracted to day trading than any other time span and most start with a forex scalping system, bought from a vendor and then they lose. You can’t win with forex scalping for the following reason…. If you want to win at forex trading, you need to get the odds on your side and this means isolating areas of support and resistance to key off and you can do this in long time frames but not within a day – it’s a fact all daily volatility is random, so you cant trade the odds and that means you cant win. [...]

Forex charting and technical analysis is a great way to make money, the problem is – many traders make common mistakes and lose. Let’s look at the ones you need to avoid. 1. Don’t Predict The most common mistake of all is to try and predict where prices may go. If you get involved in prediction you are simply hoping or guessing and this is not going to work in any venture. Don’t predict – you should only act on confirmation of price changes and this always means trading with price momentum on your side – when applying your [...]

I’ve had some interesting discussions with folks over the past several weeks on several polarizing topics.  For example, we’ve discussed whether government subsidies are a good thing.  In general, they’re great for those being subsidized and not so hot for those taxpayers paying the subsidies. Of course, the greater good can be achieved by such government subsidies, but they can also cause undesirable effects.   There are definitely two sides to the argument! In the markets, one of the topics that produces a broad range of responses is [...]

Forex trading is trading that occurs on the foreign currency market and allows even the average person to trade. You don’t have to be a professional trader or broker to get in on the action of the forex market. This market is open 24 hours a day and crosses multiple markets and countries allowing you the opportunity to cash in on global economies and currency. This is an exciting place to trade and with a little knowledge, some grit and common sense you can learn how to be successful on the forex trading market. Forex swing trading is just [...]

Online FOREX trading looks easy, but there is one factor that makes it hard to succeed and it is not picking market direction or the long term trend. So what is the factor that makes online forex trading hard and causes the majority of traders to lose? Read on The factor that makes online forex so hard is volatility within the trend. A common scenario You spot a trend and enter. The market pulls back and you are stopped out. The market then reverses the way you anticipated and goes onto make $10,000 or more and you’re not in! This happens [...]