EUR/USD Trading system using compounding
Throughout this series we have been identifying trades that provide a 2:1 reward to risk ratio. This type of reward to risk ratio on trades is a vital ingredient for beginner trades to ensure that they are able to start growing their accounts. Beginner traders especially will make mistakes. We all did it at some […]
Trading breakouts and trend continuation on the EUR/USD – 5 minute chart
As we begin week 5 of reviews on trading breakouts and trend continuation on the EUR/USD – 5 minute chart we approach Christmas. Often trading volume lowers a little in the run up to Christmas. However the Forex markets almost always have sufficient volume and volatility to produce the type of trading opportunities that we […]
Best way to trade the EUR/USD – 5 minute timeframe system
This is week 4 in this series of blogs where I am highlighting the best way to trade the EUR/USD. We are concentrating on the 5 minute timeframe charts for this system. Throughout this series I am providing daily reviews on the price action on the EUR/USD and highlighting trading opportunities that fit the specific […]
How to trade the EUR/USD forex market for profit using 5 minute timeframe
The EUR/USD produced a fairly tight overnight range on this Monday morning to allow us to take an early morning trade for profit. In this series we are focussing on just two types of trades on the 5 minute timeframe. Breakout trades and pullback reversals. After studying and trading the EUR/USD for several years I […]
Trading the EURUSD using the 5 minute chart – Week 2
Welcome to week 2 of our review of trading the EUR/USD using the 5 minute chart. Each day in this series we are reviewing the EUR/USD forex market price action to highlight for you the repeated patterns that forex markets create. Learn to read these patterns using our reviews and in future you can take […]
EURUSD 5 minute trading system review – week 1
EUR/USD 20th Nov The EURUSD was unusually active overnight. The reason for this is that there is political “turmoil” in Germany due to Merkel failing to secure a coalition government. This is a news event and our 5 minute EURUSD system does not take trades based on news. The market had fallen overnight […]
How to trade the EUR/USD forex market on the 5 minute timeframe
Over the next few weeks I am going to illustrate a specific method which will show you how to trade the EUR/USD forex market on the 5 minute timeframe. My aim for this trading series is to enable you to gain an understanding of how to execute a rules based trading plan with the objective […]
Trading the open on the DAX | How to day trade the DAX open | 1 minute chart
Today we are again Trading the open on the DAX 1 minute chart. In the early hours of trading the DAX often provides a couple of excellent trades within an identifiable framework. We discuss this framework in detail on our trading courses and using the price action from today you can get an incite into […]
Chart patterns and trading analysis on the DAX 1 minute chart | 13th November 2017
In todays video I talk you through two trades that I identified on the DAX 1 minute chart. We start with premarket analysis a few minutes before the Dax opens at 8am UK time. I always use the higher timeframe charts in order to get an overview of recent price action. The longer term uptrend […]
How to trade double tops and double bottoms for a living
You can make a living from just trading double tops and double bottoms. If you are learning to trade and you have to pick one chart pattern to learn first then learn to trade double tops and double bottoms. These patterns occur in every market and on every timeframe and they occur regularly. I’m going […]