Michael | - Part 3

Secrets of EURJPY or how to trade the “Beast”

May 16, 2017 by Michael Leave a Comment

Good time of the day, fellow forex traders! Today we will talk about how to trade EURJPY – one of the most dangerous, but also the most popular cross – currency pair in the Forex market. Quite a large percentage of profitable traders include it in their trading arsenal. Peculiarities of this pair, sometimes called the “beast”, … [Read more…]

Price Action: Traps of Market-Makers

May 9, 2017 by Michael Leave a Comment

How many times have you thought that the trend had changed, and then the price abruptly reversed? How many times have you followed the movement, which turned out to be false? It’s not your fault. And not of your strategy. The thing is in traps that market makers make for you to hit your stops, … [Read more…]

Stairstep Breakout System — when the Flat is your friend

May 4, 2017 by Michael Leave a Comment

Hello ladies and gentlemen, fellow forex traders! I am glad to welcome you to the site and today we will talk about the system called The Stairstep Breakout System (SSBO). Having thousands of fans around the world, the strategy can be called classic without exaggeration. Unlike other systems, when we wait for something to happen … [Read more…]

Trader’s arsenal – from beginner to professional

April 22, 2017 by Michael Leave a Comment

Hello ladies and gentlemen, Forex traders! In a difficult business of trading every detail is important and today we will try to optimize routine processes. We’ll look at how you can make trading more convenient, while you do not have to buy a new computer. In today’s review, we will touch on information indicators. They … [Read more…]

Top 10 countries for a trader to live

April 15, 2017 by Michael 2 Comments

Hello, friends forex traders! Many people come to trading for big money and to enjoy life. They dream of yachts, private planes, life in a place with no winter. But, it is really difficult to come to such a large income. It is somewhat easier to earn less money, but more consistently. And in fact, … [Read more…]

The “Quiet River” Strategy – Scalping without the Hassle

April 11, 2017 by Michael Leave a Comment

Hello, dear friends Forex traders. Today we talk about a strategy called “Quiet River”. This is a simple, clear and calm Scalping system, designed to capture small targets at short time transactions. At the same time using a “trick” to increase profits. One of the features of the strategy – not quite the standard use … [Read more…]

What is Liquidity in Forex market?

April 4, 2017 by Michael Leave a Comment

Hello friends, Forex traders! We have all heard the phrase “The Forex market is the most liquid market.” What does it mean? What is liquidity? What are the dangers of low liquidity? And, what about the Liquidity of your broker? In this lesson, we will examine these issues in more details 🙂 The presence of … [Read more…]

Shine and Poverty of Heikin-Ashi candles

March 27, 2017 by Michael 2 Comments

Hello, fellow traders! We‘ve worked through a lot of Forex trading strategies involving Heikin-Ashi candles. I think it’s time to take a closer look at this type of charts, their method of construction, the pros and cons compared to standard Japanese candles and clear on what currency pairs and time frames should Heikin-Ashi be applied. … [Read more…]

Ping-Pong strategy

March 20, 2017 by Michael 1 Comment

Good afternoon, dear traders. Today we consider the advanced strategy for binary options based on the method of Spearman rank correlation and determine the trend reversal points. The original strategy was redesigned to work with the binary options such as Touch/No Touch and consists of two key components. The first component is responsible for the … [Read more…]

What timeframe to choose?

March 14, 2017 by Michael Leave a Comment

Good time of the day, fellow traders. Forex beginners face a very large amount of information: there are many strategies, indicators, training courses, etc. And one of the most important decisions you have to make is to choose a timeframe. That is what chart to trade? A five-minute (M5), 1-hour (H1), a 4-hour (H4) one? … [Read more…]