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Day Trading and Scalping
Discuss methods and techniques for intraday trading. Day trading and scalp traders meet here.
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By FXTechstrategyT · Posted
EURUSD Holds Off Lower Prices With Eyes On 1.1263 Zone EURUSD holds off lower prices with eyes on 1,1263 zone as we enter a new week. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000. Conversely, on the upside, resistance resides at 1.1250 level with a break through there opening the door for further upside towards the 1.1.1300 level. Further up, resistance comes in at the 1.1350 level where a violation will expose the 1.1400 level. All in all, EURUSD continues to threaten further upside pressure. -
Facing high frequency trading & / or dark pool, how could small trader in stocks currency market complete with the institutional trader? Be a gambler is not a way-out -
Bollinger Bands stops is a trend following indicator. The green line indicates uptrend and red line indicates down trend. When price close above the red line, up trend begins. Buy Positions can be opened immediately or on a pull back to a support level in the new uptrend. The green line can be used as a stop loss. Similarly, when the red line appears, sell positions can be opened immediately or on pullback to resistance with the red line as stop loss. This indicator works best in trending markets, in consolidating markets signals may be not effective. BollingerBands Stops.zip -
Is the ZuluTrade App really secure? I read it gathers your personal info to be sold to data brokers. -
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