ADX: The Trend Strength Indicator

Trading in the direction of a strong trend reduces risk and increases profit potential. The average directional index (ADX) is used to determine when price is trending strongly. In many cases, it is the ultimate…

How to know The Strength Of A Trend…

Contents in this article [hide] 1) Price action analysis 2) The slope of trendlines 3) ADX 4) Moving averages (MA) 5) RSI 6) Bollinger Bands ® Knowing the strength of a trend is the backbone of…

How to Trade the News Using the Straddle…

The first thing to consider is which news reports to trade. Earlier in this lesson we discussed the biggest moving news releases. Ideally you would want to only trade those reports because there is a…

How to Trade the News With a Directional…

Let’s now see how to trade the news with a directional bias in a trading scenario. Let’s go back to our example of the U.S. unemployment rate report. Earlier, we gave examples of what could…

2 Ways to Trade the News

There are two main ways to trade the news: a) Having a directional bias b) Having a non-directional bias Directional Bias Having directional bias means that you expect the market to move a certain direction…

Which News Releases Should I Trade?

Before we even look at strategies for trading news events, we have to look at which news events are even worth trading. Remember that we are trading the news because of its ability to increase…

Be Careful Trading the News

Be Careful Trading the News Why trade the news? The simple answer to that question is “To make more money!” But in all seriousness, as we learned in the previous section, news is a very…

News Makes the Forex Market Move

News Makes the Forex Market Move It’s not enough to only know technical analysis when you trade. It’s just as important to know what makes the forex market move. Just like in the great Star…

The Kumo Break Strategy – Ichimoku Cloud Trading

The Ichimoku Cloud consists of several components which give it a unique capacity to detect trends, determine whether we are in a trend, the direction and the when the trend reverses. One of the components…

Support and Resistance Trading Using the Kumo (or…

Trading with support and resistance is one of the more popular and successful trading methods in the forex market. In using any level as support or resistance, it is important to remember the following points:…

Ultimate guide to ichimuku kumo trade

Article Summary: Trend trading with Ichimoku need not be confusing because the name is unfamiliar. Many traders prefer to trade with Ichimoku once they learn to see the trend in a new way with Ichimoku.…