Posts Tagged ‘education’

What is the Spread and How it is Determined

by Christopher Lemieuxon January 13, 2014 12:53 am GMT
The spread in forex is comprised of a bid and ask, and being able to understand how spreads are calculated are greatly important because it is the cost of entering and exiting the market. The bid is the price the the trader is willing to purchase the currency pair at, while the ask is what […]

Trading Breaking Channel Momentum

by Christopher Lemieuxon November 26, 2013 3:49 am GMT
Trending channels occur when price action is confined into a tight range, either ascending, descending and sideways (sometimes seen as consolidation channels). The purpose of this system is to forecast and trade a break of price channels. Typically, momentum following the break is sustained long enough to achieve an attractive profit. This system works best […]

Trade 10 Minute Charts with Simplicity

by Christopher Lemieuxon October 30, 2013 5:05 pm GMT
The goal of any trader using a short-term time frame (what I consider 4H and lower) is to seek out and exploit short bursts in price action.   The size and duration of these moves can vary by pair and timeframe traded, but the ability to spot out opportunities is an important tool to have […]

Bollinger Bands: Part II Application

by Christopher Lemieuxon October 26, 2013 9:22 pm GMT
  In Bollinger bands part I, the indicator, made famous by John Bollinger, was outlined. Now, the next part is to apply Bollinger bands into systems or strategies. The most common way to use Bollinger bands is through mean reversion. Since 95.4 percent of all price action will lie within two standard deviations, traders use […]