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Forex Q&A

How to Detect a Trend or Range

How to Detect a Trend or Range

Detecting a trend is not hard if you clear your mind of emotion and look at what the charts are showing you. The easiest way I can explain it is this: 1) Look at the daily chart. Does the price … Continue reading

Pullbacks and Throwbacks

Pullbacks and Throwbacks

Most often used in breakout strategies, pullbacks and throwbacks allow traders to confirm a breakout in a certain direction without sacrificing a good entry price to do so. The trade-off is that if a pullback or throwback does not occur … Continue reading

What is a sustained break?

What is a sustained break?

A “sustained break” means a break that has staying power above or below a certain support/resistance level, and is used as confirmation of the trade in the direction of the break. How you define “sustained” depends on your trading strategy … Continue reading

When to move a stop-loss to break even?

When to move a stop-loss to break even?

Wanted to ask you all a question. When do you guys move your SL to break even? AT how many PIPS profit? I usually wait for about 15 PIPS profit to move my SL to break even. What are your … Continue reading

How big of a stop loss should I use?

How big of a stop loss should I use?

Hello, I’d like to know how big of a stop-loss I should use and where I should put it? I trade mostly EUR/USD.

Vantage Point forex software

Vantage Point forex software

Hello, market technologies sells a software call vantage point base on intermarket analysis,  it uses a predictive indicator and [advertises] a high percentage of success 82%  predicting the market, maybe you can lead me in the right direction before investing … Continue reading

Best parameters for Slow Stochastics

Best parameters for Slow Stochastics

I would like to ask you that what parameters should I use for the slow stochastic? I would be very much thankful if you kindly answer me at your earliest.Thanks and best regards Ado

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