The foreign exchange market, also known as forex, is the largest financial market in the world, with a daily turnover of over $6 trillion. It is no wonder why many novice and experienced traders are drawn to this market. However, navigating the complex and volatile world of forex trading can…
Continue reading
The CoT indicator is a useful tool for trading forex, which surprisingly is only used by a small number of traders. The indicator is based on the reports published by the Commodity Futures Trading Commission (CFTC) every Friday. The CFTC report can be used by traders to identify potential significant…
Continue reading
The correlation strategy can help you determine the direction of your swing trades. In the following description, we use the correlation strategy in forex pair trading, but the correlation strategy can also be used for directional analysis across indices, commodities, etc. The correlation strategy involves finding two prices that follow…
Continue reading
Many traders use the expression ‘The trend is your friend’, and there is much truth in that. Beginners in trading dream of ‘catching the turns’, thereby reaping the full benefit of a trade by buying exactly at the low point and selling exactly at the maximum profit. But if you…
Continue reading
As a day trader, you constantly dream of being able to predict current trends in the stock market. Is the market going up or down? If you believe in the former, you usually need to hurry to buy into the major stock indices in the morning, and then lean back…
Continue reading
This daytrader strategy, in brief, consists of a moving average and seven so-called pivot lines. The trade is initiated when a specific pivot line is breached, and the trade is stopped again when the price crosses the moving average. The pivot lines constitute some extremely important price levels in most…
Continue reading
There is always excitement when the earnings season approaches and individual companies are to ‘reveal’ their bottom lines. Often, the price moves sharply up or down if the earnings surprise analysts. As a trader, it can be difficult to trade during the earnings season. Still, there is a sound trading…
Continue reading
Normally, liquid stock prices appear continuous and smooth because sellers and buyers are constantly in line to bid at the current price. But occasionally, a phenomenon occurs in the stock price where the price ‘jumps’ so much up or down that a break in the graph occurs, where the new…
Continue reading
Do you often dream of having bought a stock before a significant price increase? Well, there’s good news for you here because in this article, we present a thoroughly tested strategy that helps you get into a stock before a potential explosion in its price. Let’s look at how, using…
Continue reading
When the stock market falls significantly, it can be especially tempting to buy quickly. You don’t want to miss the “unique” opportunity at a good price, and in the rush, you may forget both your common sense and your normal analyses. In trading, they say you’re trying to “catch a…
Continue reading
Hos daytrader.dk skaber vi gratis indhold og læringsforløb for jer brugere. Det kan vi blandt andet gøre, fordi vi indgår samarbejde med brokerne, der betaler for omtale på siden.Luk