Divergence

April 26, 2017 by

Currency strength is a brilliant tool if you know how to use it. A quick Internet search will introduce you to two handfuls of ways to trade currency strength with tools, which often leave the user feeling overwhelmed and confused. In this post I present the new Pipnotic Currency Strength Histogram, which is the most […]

May 26, 2016 by

While randomly selecting a currency pair to trade is the recipe most follow when trading currencies, one key ingredient is missing. In this article I will discuss the concept of currency strength and I’ll show you how to perform a currency strength analysis and how to use the result of your analysis. Have you ever asked yourself what currency trading is? […]

August 2, 2015 by

Have you ever been caught on the wrong side of a trade, when what appeared to be the beginning of break-out turned into a break-out failure? If you trade session opens like the London open then you more than likely have. In this post I’ll have a closer look at this topic and look at one […]

April 5, 2015 by

If you ask a room full of currency traders which pairs they trade, the vast majority will be quick to respond and tell you that they prefer certain currency pairs over others. Despite the fact that this is very common practice, I find it to be fundamentally wrong. Three years ago I began looking into the relative strengths of individual […]

September 17, 2013 by

Being able to visualise the strength of the bulls and the bears can be very useful, especially when attempting to assess if a level will hold or if a trending market is slowing down. I wrote an MT4 indicator that helps visualise this information, it’s use will be the topic of this post. When price […]

March 8, 2013 by

Previous day highs and lows are known to be in the minds of traders, and are often used as reference points when making trading decisions. While there is a good chance that price may bounce at these levels, it doesn’t always do so, and can easily continue through and beyond them. How can one qualify […]

August 1, 2012 by

In this post, I’ll explain the method I follow when qualifying potential trading opportunities. I employ a fundamental and a technical approach which will, if followed with responsibility, honesty, courage, intelligence, and commitment, enable you to identify high-probability trading opportunities. The beginning of the day The first thing I do is look at an economic […]