Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    Forex Trading: Part 2: Two Strategies with Weekly Pivots
    Unavailable
    Forex Trading: Part 2: Two Strategies with Weekly Pivots
    Unavailable
    Forex Trading: Part 2: Two Strategies with Weekly Pivots
    Ebook29 pages21 minutes

    Forex Trading: Part 2: Two Strategies with Weekly Pivots

    By Heikin Ashi Trader

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    This book is Part 2 of the series "Forex Trading", by Heikin Ashi Trader

    As is well known, currency markets are determined by news. However, since news is rare, most currency pairs move sideways 80% of the time. In other words: it is very difficult to trade currencies profitably with trend strategies. The "Forex Trading" series therefore deals with strategies that are specifically designed for sideways markets.

    The "Pivots" in Forex are an interesting phenomenon, because here, more buy or sell orders are waiting to be executed. Anyone who studies charts of currency pairs will find that the market often turns at these so-called "pivots" and starts to move in the opposite direction, at least temporarily.

    In this short eBook, Heikin Ashi Trader introduces two simple forex strategies, using the weekly pivots. They are easy to understand and implement (even with small accounts). These two methods are therefore excellent for traders who are looking for forex strategies that can be successfully traded without the need for much analysis.

    Table of contents

    How to trade the weekly Pivots
    Strategy 1: Trade the Pivot
    Strategy 2: The “last 20 Pips” Strategy
    Should I change the parameters if trading isn't going well?

    LanguageEnglish
    PublisherSplendid Island
    Release dateMay 28, 2020
    ISBN9780463642054
    Unavailable
    Forex Trading: Part 2: Two Strategies with Weekly Pivots
    Author

    Heikin Ashi Trader

    ​Heikin Ashi Trader is the pseudonym of a trader who has over 19 years of experience in day trading futures and currencies. He traded for a hedge fund and then went on his own. He specializes in scalping and fast day trading. His scalping book "Scalping Is Fun!" is an international bestseller and has been sold more than 30.000 times. His books have been translated into 11 languages.

    Read more from Heikin Ashi Trader

    Related to Forex Trading

    Related ebooks

    Investments & Securities For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      RSI Alone Not Enough

      Sep 18, 2020

      oscillators, such as the relative strength index (RSI) and stochastics, are often used as signals for overbought and oversold zones. Let’s use the RSI as an example. Generally, an RSI set on 14 days is considered over-bought above the 70 level, but t

      1 min read

    • Article

      How Investors Can Prosper With Technical Analysis

      Feb 6, 2019

      Many investment advisors and money managers have a little secret. They will proudly tell you that they rely heavily on fundamental analysis, carefully weighing earnings, market share, competitive environment and demographic trends to select the best

      5 min read

    • Article

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • Article

      Learn How To Spot A Rip-off

      Feb 24, 2021

      Learn How To Spot A Rip-off
      3 min read

    • Article

      Breakout Is Possible

      Jan 10, 2020

      Breakout Is Possible
      1 min read

    • Article

      The Magic of Moving Averages

      Jan 31, 2019

      When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis--the practice of determining the direction of stock prices

      2 min read

    • Article

      Technical Analysis Tools For Long-term Investing

      Oct 30, 2020

      in the 22 October issue of finweek, I wrote about how I am trying my hand at trading local equities for the first time in over a decade. Some aspects of my index trading have helped (discipline and risk management), but stocks are more volatile and n

      2 min read

    • Article

      How to Make Market Volatility Work for You

      Apr 5, 2018

      There are more certainties in life than just death and taxes. For instance: If you invest money in the stock market, you certainly will face market volatility now and then. Periods of high volatility are normal. Investors need to understand that life

      4 min read

    • Article

      Change In Sentiment

      Oct 2, 2020

      Change In Sentiment
      1 min read

    • Article

      What Is Forex Trading?

      Mar 1, 2022

      What Is Forex Trading?
      6 min read

    • Article

      Thinking About Day Trading? Read This First

      Sep 22, 2020

      In the midst of the pandemic, you may have noticed a rather unusual trend: More and more people are jumping into the stock market. Despite, or perhaps even because of, extreme volatility in the market and endless speculation about what could happen n

      3 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      Trading Techniques... Riding Elliot Waves

      Nov 5, 2021

      One trading technique that has achieved a cult-like following in recent decades is Elliott wave theory. Developed by the accountant and consultant Ralph Nelson Elliott, who first published his ideas in 1938, the basic idea is that markets, like all h

      1 min read

    • Article

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think

      15 min read

    • Article

      How To Count Your Losses

      Nov 15, 2019

      in the previous issue (7 November), I wrote about trading, and in particular about gearing via the use of derivatives, as well as what we should (or shouldn’t) be trading. I promised to return to the other two parts of the equation: How to employ a s

      3 min read

    • Article

      A Better Way To Tell A Correction From A Bear Market?

      Nov 30, 2018

      The standard definition of a correction is a 10% market decline, while a bear market is a 20% decline. These are simple definitions ... I take a different view. At Cornerstone, we view a correction as a significant decline within an up trend. Th

      3 min read

    • Article

      Get Your Portfolio Ready for Volatility - And for When It Ends

      Feb 14, 2018

      The dramatic rise in volatility in February and swift 10% correction in stock prices caught many investors flat-footed. After all, the Standard & Poor's 500-stock index went more than a year without a 5% pullback, so it was shocking to see a 10% corr

      5 min read

    • Article

      Is Now a Good Time to Invest?

      Apr 17, 2020

      We're currently facing an unprecedented event with the global pandemic caused by a novel coronavirus that began in March 2020. In a matter of weeks, we went from business as usual to almost no business at all. Most companies have been forced to clos

      4 min read

    • Article

      Chart Your Way To Success

      Aug 25, 2022

      Chart Your Way To Success
      8 min read

    • Article

      It’s A Full-blooded Bear Market

      Mar 27, 2020

      bad news is an investor’s best friend. – Warren Buffett Amid a deluge of bad news hitting the JSE and other markets almost daily, there is one important aspect that should not be overlooked: Experienced value investors are currently buying shares the

      2 min read

    • Article

      What to Do (and Not Do) When the Market Drops

      Dec 12, 2018

      It's been a long time since we ended a year with U.S. stock market being down. However, the longest bull market in U.S. history, which started on March 9, 2009, could finally be coming to an end. If you have watched or read any amount of news recent

      3 min read

    • Article

      3 Big Misconceptions About the Market That Could Hurt You as an Investor

      Aug 1, 2019

      The three most valuable words you can say as an investor might be, "I don't know." Admitting when you don't know something opens the door to asking questions, seeking information and learning something new. From there, you can better position yoursel

      4 min read

    • Article

      5 Things To Do In A Bear Market

      Feb 20, 2018

      Bear markets, technically, are a 20% drop in the stock market, but who wants to wait that long to find out it's a bear? Bear markets, corrections and volatility all look pretty much the same at the beginning. When the market is down 5%, how do you

      4 min read

    Reviews for Forex Trading

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words