The Urban trading strategy is just like its name. It is a trading strategy designed for traders who do not want to be get bothered by an overly complicated market strategy. This strategy follows the trend and increases its win rate with the adoption of the very versatile Ichimoku Kinko Hyo indicator. The Urban trading strategy [...]
The Support Turned Resistance-Resistance Turned Support trading strategy is a based on the fact that sometimes, a support level which has been broken will act as a resistance level when price goes back up to it. Here’s an example of a STR. On the chart below, Notice the blue area is the support zone that [...]
The third strike trading strategy is based on this reversal chart pattern where: In a downtrend, price will be making those decreasing swing lows and then on the third swing low, it makes a drastic move upwards. Similarly, in an uptrend, price will be making peaks of increasing heights and then on the third peak, [...]
The Diamond Chart trading strategy is a reversal price action pattern which is rare to spot on the activity chart. This pattern is triggered in the form of a diamond top (bearish signal) and diamond bottom (bullish signal), and usually marks a period of congestion before a new trend emerges in the market. Timeframes : All [...]