The Setup I look at the daily chart at market close. If price is above the 50-day moving average and the 50 is above the 200-day moving average, I’m only looking for buy setups. If it’s below both, I only look for sells. If the moving averages are crossing or tangled up, I don’t trade….
Look, I’ve been trading the London session for years, and here’s what I’ve learned—the first two hours after London opens are where the real money moves. Not because of some magic indicator, but because that’s when the big boys wake up. Banks, hedge funds, institutions—they all start throwing their weight around between 8 AM and…
The Daily Candle Breakout is a straightforward trend-following strategy based on the previous day’s price range. The idea is simple: if the market breaks above the previous day’s high, buyers are likely taking control. If it breaks below the previous day’s low, sellers may be gaining momentum. Rather than predicting the market, this strategy waits…
Empowering traders worldwide with market insights, education, trading tools and a trusted community.
Important risk and legal information.
Rules and guidelines for using our site.
How we collect, use and protect your data.
How we use cookies to improve your experience.
Our policy on copyright infringement claims.
Rules for a respectful and safe community.
Risk Warning: Trading Forex, CFDs, Stocks, Commodities and Cryptocurrencies involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results. FXTradeOcean provides educational content and tools for informational purposes only and does not constitute financial or investment advice. You are solely responsible for your trading decisions.
