technical analysis

Indicators seem very simple, right? It’s just based on math formulas and in return it gives buy and sell signals that we can easily trade based on it. I have come across so many traders that have built their trading strategies just on indicators and seem to do pretty well for themselves, but still, many people claim that indicators don’t work. Let me tell you that’s not really the case.

There are many ways to build a trading strategy and one such way is to build the strategy on the basis of multi timeframe analysis. But what exactly does that mean? You will have come across many traders that trade such strategies. But why exactly do they do that?

Technical analysis, a trading style, which is followed by many, but is also criticized by many at the same time. There is a narrative out there that technical analysis is nothing but astrology for grown men and people even say that technical analysis doesn’t work and is a dead technique. But is that really so?

So here’s the thing, I’m sure you know your indicators and might have also built a strategy around them. But here are some indicators that you should be using, if you aren’t, or else you’re going to miss out on a lot. Don’t worry, I’m not going to talk about these indicators and wrap it up, I’ll also tell you some tricks of these indicators and how you can use it best.

I understand that finding a good trading strategy is not so easy but here is a strategy for you that you can use for yourself and maybe make some profit too. This strategy has a 53.33% win rate, 1:1.5 RRR, and within such a month or so of testing, it has generated a return of 35% by risking just 1% every trade.

You’ll hear a lot of traders saying that the price is bullish or bearish because there has been a moving average crossover that happened. But, what does it mean? Do you straight away enter and go long or short accordingly, when the moving averages crossover? Is this the right way to use them in trading?

Are you looking to profit the big pips from the trades you take? Then you need to trade breakouts. Breakout trading has a high hit rate and it can actually be quite lucrative if you do it right. Lucky for you I’m going to tell you about some strategies in this blog post.

Breakouts trading is a price action trading style and if done right, could be very lucrative for the trader. But, what are these breakouts and why do traders pay so much attention to it? You’ll find all the answers in this blog post.

The trend is your friend until it bends, but the bend can be your friend too if you know how to trade it. What exactly is this bend? It’s reversals and in this blog post, I am going to show you how you can trade reversals.

Getting caught in a reversal and on the wrong side of the market hurts a lot but you know doesn’t hurt at all? Catching the reversals. Big money can be made when the market bends or when there is a reversal, but what are these reversals exactly?

Market structure is something that every trader should know about and if you don’t then you are missing out on a lot. But what exactly is market structure and why is it as important as I’m saying? You’ll get to know all of it in this blog post.

I am sure you will have heard about trendlines and might have even used them in some of the other instances. But do you know exactly how and why trendlines are formed? Do you know the psychology that goes on behind the formation of trendlines? In this blog post, I am going to discuss the very rationale behind trendlines which are often neglected but are very important.

The concept of moving averages is widely known and even widely followed by traders. Beginners or even experienced, every trader either uses moving averages or may have used it sometime in their trading journey. But let me tell you one thing that quite a lot of information that is out there about moving averages is false and is misleading.

There are thousands of traders out there that only trade based on chart patterns and have been quite successful in doing so. But, do you the different types of chart patterns and how you should trade them? Do you know how these chart patterns are formed in the first place? Read this blog post to know more.

I am sure that you know a thing or two about candlesticks and how it is made and how it work. But did you know that there are several candlestick patterns that can help you in taking trades? There aren’t just a couple of candlestick patterns that you can use but there over a dozen of them and each one helps the trader in a different way. So, which ones to use and how to use them?

Candlesticks are the most basic thing that you should know if you are into trading. I know it might seem a bit complex in the beginning but once you get a hang of it, it’s just a piece of cake. Even if you know what candlesticks are, it’s not really enough. You should learn to understand the story behind the candlesticks which will help you understand the price movement even better.

See, I know that there are loads of content and information out there on technical analysis and each one of them claims to be the only thing you as a beginner would ever need. We all know how much truth is in it. This blog post is going to be different. In this blog post, I am going to teach you the exact steps of technical analysis that will save you time and energy and put you right ahead of the others.

The price of currencies does not move in a linear in a particular direction but rather moves in phases of consolidation and trends. The market moves in a trending manner only 30% of the time and in the remaining 70% of the time, it consolidates of moves sideways. These trending moves in prices of currencies can be quite lucrative if caught and traders also keep an eye out for such moves.

Price Action versus Indicators has been a common question among technical traders. Some speak in favor of Price Action while some speak in favor of technical Indicators. Are you also stuck in this dilemma and find it difficult to choose one particular style of trading? If yes, then you have come to the right place.

The concept of support and resistance is very well known in trading and almost every trader uses this to trade the markets and hopes for profits. But, do you what is the rationale behind this concept of support and resistance and why does it seem to work? In this blog post, I am going to tell you why and how support and resistance works and how you can find high quality trades to capitalize on.

If you have even the slightest of experience in this space of trading then I am sure that you will have heard about technical analysis. You even would have read several blog posts or watched videos on this topic but do you know the different types of technical analysis or do you even why technical analysis works in the first place? In this blog post, I am going to discuss...

You would have heard people saying buy the lows and sell the highs, but how to do this exactly? The answer is pullbacks. But when it comes to pullback trading traders do not really know till where pullback will take place, where to take entry, where to place stop loss, and where to place take profit orders.

Breakout trading is easy and could be highly lucrative. Every new trader ponders over breakout strategies and this is bread and butter for many experienced traders too. Catching a breakout and riding it all the way sounds very exciting, but how to do it?

You will have heard traders saying that the current price movement of a currency is in the correction phase and that the impulsive move is over. This is one very commonly used method by traders that look to measure and define price movements of currency pairs and to capitalize on them.

Fibonacci, seems like some magical tool that we traders have in our arsenal right? If you have some experience in trading then you know what I am talking about. Did you know that the Fibonacci retracement tool that is available on the trading platforms is derived out of some naturally occurring phenomena? If you find this exciting enough then this blog post is for you.

We are not a big fan of indicator trading, and we prefer using price action over indicators. But, divergence is one single indicator based setup which we always consider using. We have used a lot of indicators and learned a lot of indicators based strategies, but divergence still has a different level of importance...

Trendlines are a commonly used tool in trading and it does actually help me whenever I am trading. In the previous blog posts, I talked about the different types of markets that included ranging markets and trending markets.  In this blog post, I will discuss trendlines..

Knowing about Support and Resistance is essential, but drawing it accurately is even more crucial for a trader. If a person has all the knowledge but doesn’t know how to use it, then it is of...

Gold has surged around 15%, 2100 pips to be exact, from the last time we posted a blogpost on it. 3 months back we posted an article on how to make 4000+ pips by trading gold. Each and every student of ours and...

A successful person is an expert in whatever he does. A lot of practice is needed to succeed in something you want. What makes these traders different from others? Where does this expertise come from? How can a new forex trader become an expert? There is a straightforward answer to it.