December 5, 2013 - ForexAbode.com.

Understanding Breakout Trades

December 5, 2013 8:18 pm GMT+0  in Forex Articles

When a price breakout occurs, the market is telling you that the paradigm has shifted and that the previous idea of what was an appropriate value for the currency is now being revised higher or lower.  The market is also telling you that we can expect prices to continue in the same direction (the direction […]

The BoMACD Trading Strategy

December 5, 2013 8:12 pm GMT+0  in Forex Articles

Broadly speaking, the BoMACD trading strategy uses two of the most commonly used technical indicators in the forex market:  The Moving Average Convergence Divergence (MACD), and Bollinger Bands (The “Bo” in the system).  If you have any experience trading in the forex markets, it is highly likely that you have heard of one or both […]