The Keltner channel is a useful chart tool that helps you gauge the strength of trends, spot reversals and provide an overall context for how the market is moving. Keltner Channels Keltner channels are a volatility based indicator which forms a channel around the price. The channel moves with price. This is accomplished by applying […]
Most traders have heard of the MACD indicator, but far less have heard of the Percentage Price Oscillator (PPO), also sometimes called the Price Percentage Oscillator. The two indicators are very similar except that the PPO has a couple distinct advantages over the MACD. The Percentage Price Oscillator Like the MACD, the PPO is an […]
A large number of trades today as price trends managed to sustain themselves for at least a few waves. Such days provide a great opportunity to get some positive trades in the book, as not all days move favorably. Figure 1. EURUSD 1-Minute Chart, London and New York Overlap Period At the start of the […]
Probably the most powerful reversal signal in the candlestick charting universe, the Kicker pattern is one you need to know. It signals a massive shift in the sentiment of traders, often completely reversing the trend. And when they work out, you will be in the in-the-money quickly. The Kicker Pattern The kicker pattern is a […]
Every once in a while when perusing the internet for scams, sharks and shady dealings I come across something that is actually of value. Usually my first impressions turn out to be wrong but sometimes even I can be a little to harsh of a critic. The Bubble Pop System is one of those with […]
The Raff Regression channel, created by Gilbert Raff, is not a popular indicator. Chances are you have never heard of it. The reason for that may be because it doesn’t provide any trade signals, which many traders want. The Raff regression channel is a great confirmation tool though, both for seeing active trends and helping […]
The Cup and Handle pattern is quite common, and once you practice spotting it you will likely find it in all different markets and on many different time frames. Cup and Handle Chart Pattern The cup and handle is a bottom pattern where the price initially declines, then levels off and begins to rise again, […]
The Average True Range Trailing Stop indicator is great for traders who need help spotting the trend, or need an indicator that can help them choose in which direction to place trades. The indicator also points out pullbacks that are strong enough to warn that the current trend may be in danger. Average True Range […]
March 17 offered a number of consolidations in the EURUSD during the US session. Certain types of consolidations provide ideal trade candidates, as risk can be kept very small and the relative reward can be huge (trading traditional markets). If trading binary options these consolidations can still provide great trade opportunities, but you’ll need to […]
A trending morning for the EURUSD which provided a couple opportunities I liked. The first came in the London session prior the US open. Usually I use a 1-minute chart, but a quick look at the 5-minute chart convinced me I should use it today, as the entry points were a bit cleaner. On the […]