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ForeCastle

  1. EURGBP Range Reversal Update

    by , 10-13-2014 at 01:34 AM
    Talking Points

    • EURGBP Stays Range Bound Post NFP
    • Range Support Sits at .7864
    • Range Reversals Triggered Under .7808

    EURGBP 30min Chart


    Traders looking to avoid the volatility of this morning’s NFP event, can set their sights on currency crosses such as the EURGBP. Thia pair remained quiet, despite the rest of the market’s volatility, and has maintained ...
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  2. Simple Trade Filters That Can Improve Your Strategy

    by , 08-01-2014 at 04:39 PM
    Talking Points:

    • Trend Strategies can use a 200-period MA filter
    • Range Strategies can use the ADX
    • All other strategies can use the SSI filter

    Filtering a Trend Trading Strategy

    We’ve all heard the saying, “the trend is your friend” or “trade the path of least resistance.” These phrases are used by traders that want to trade in the same direction as the overall trend. But what if we have a difficult time locating the trend? What do we do if we ...
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