The Nonfarm Payroll News Trading Strategy is a currency news trading strategy you can use to trade the Nonfarm payroll data. Many new traders don’t know what a non-farm payroll is. Here, we will give a brief rundown of what a nonfarm payroll is and give you a system to trade the nonfarm payroll. What is the Non-Farm Payroll (NFP): [...]
The pyramid trading strategy is a strategy that every trader should be aware of as it makes the difference between making 100 pips profit in only one trade or 1000 pips profit by applying the pyramid trading technique. That can mean 100%, 200%, or even 500% or more profits in your trading account. It follows the [...]
The symmetrical triangle chart pattern is considered as a continuation chart pattern that forms in the shape of a triangle. What this means is this chart pattern can form in a bull market or a bear market. Although symmetrical triangles are regarded as a continuation pattern in the direction of a long-term trend but they can mark [...]
Based on a price pattern, the bear trap trading strategy is a price action trading strategy. Bear trap chart patterns are bullish patterns, that means on seeing it, we should only be looking to buy. We need The ability to spot or identify major support levels. The ability to do multiple timeframe trading. The ability to identify bullish [...]