CURRENCY PAIRS TRADED:
EUR/USD GBP/USD USD/CHF USD/JPY
USD/CAD AUD/USD NZD/USD EUR/JPY
OUR TWO TYPES OF TRADES:
1. Retracement Trade: The Forex market does not move in a straight line, but it zigzags up and down; referred to as Retracement.
About the Retracement Trade:
- Using advanced technical tools and data, we look for ways to benefit from these daily price Retracements.
- Retracement Trades are our most common trade and its consistent good performance makes it our preferred trade strategy.
2. Breakout Trade: Sometimes a currency pair gets stuck in a range between an established high price and established low price. Our objective is to buy or sell once it breaks out of this range.
About the Breakout Trade:
- Range trading can be difficult because trading opportunities within the range are limited.
- When a currency price has enough momentum to break out above or below the established high or low price and our strict criteria is met, this is an excellent opportunity to trade.
- Some of the biggest market moves occur after a range breakout.