Technical Indicators

Learn to become an expect forex trader

Tuesday, 28 February 2017

2.FOREX STRATEGY: PIRANHA STRATEGY

Forex trading strategies: Piranha Strategy The forex market spends most of its time either in a trend or in a range. The rapid-fire scalping strategy works best in a trend. The piranha strategy was developed to work when markets move in a range. Let us get right into the world of the piranhas. Piranhas take small frequent bites off their prey until it is totally devoured. Although a single bite may not cause much harm, the frequency of the bites...

Sunday, 26 February 2017

1 FOREX STRATEGY: RAPID-FIRE (FOR EUR/USD - M1)

Forex trading stategies: Rapid-Fire strategy The  strategy 1 was designed with two criteria in mind: The most liquid currency pair in the world The lowest time frame available This criterion led to the development of the strategy on the minute chart (M1) for the EUR/USD currency pair. The M1 time frame is fast-paced and exhilarating. If you are not careful, the adrenaline rush you experience can cloud your trading decisions. This problem...