Showing 1–10 of 24 matching strategies
Evidence: WeakBeginner
RSI Overbought and Oversold
what the 70 and 30 lines actually tell youRSI above 70 is called overbought and below 30 oversold, and beginners are taught to sell the first and buy the second. Traded that way it is one of the more reliable ways to lose money in a trending market, because in a strong trend the RSI stays above 70 for weeks while price keeps going.
H1 to D1Foundations · Oscillator
Evidence: WeakBeginner
Fibonacci Retracement
the most popular tool with the least supportDraw from a swing low to a swing high and the tool marks 38.2%, 50% and 61.8%. The claim is that pullbacks stall at these fractions because of a mathematical relationship found in nature.
H1 to D1Foundations · Retracement
Evidence: ModerateIntermediate
ATR Channel Breakout
a level that moves with volatilityEvery other level in this book is fixed once it is drawn. This one is not: the channel sits a set number of average true ranges away from a moving average, so it widens when the market gets loud and tightens when it goes quiet.
H1 primary · H4 for contextBreakout · Volatility band
Evidence: ModerateBeginner
Previous Day High / Low Break and Retest
PDH / PDL liquidity levelsThe previous trading day's high and low are the most widely watched intraday levels in FX. The trade is continuation on the break of one of them.
D1 levels · H1 / M15 executionBreakout · Support & Resistance
Evidence: StrongProfessional
Local-Hours Currency Momentum
the time-of-day tiltFX returns carry a documented time-of-day pattern: currencies tend to depreciate during their own local trading hours and appreciate during foreign hours.
M15 primary · H1 secondaryMomentum · Session
Evidence: WeakBeginner
MACD Histogram Acceleration
the popular one, and what it actually measuresThe MACD histogram is the difference between two exponential averages, minus a third average of that difference. Rising histogram is usually described as accelerating momentum.
H1 or H4Momentum · Indicator
Evidence: ModerateBeginner
Pin Bar at a Higher-Timeframe Level
the control case for Day 5A pin bar is a candle whose wick is at least two thirds of its total range, whose body sits in the opposite third, and which closes on the correct side of the level.
M15 entry · H1 levelPrice Action · Reversal Trigger
Evidence: WeakBeginner
Engulfing Bar at a Level
the most-taught candle, in the only place it means anythingA bar whose body completely covers the previous bar's body, closing in the opposite direction. Taken alone it is one of the weakest signals in retail trading — it happens constantly and predicts very little.
H1 or H4 · the level comes from D1Price action · Candle
Evidence: ModerateIntermediate
Failed Breakout Reversal
the break that does not stickPrice breaks a level, everyone who was waiting for the break is in, and then it closes back inside. Those positions are now wrong, their stops sit just beyond the level, and the move away from it is fed by them being taken out.
H1 execution · the level from H4 or D1Price action · Reversal
Evidence: ModerateIntermediate
Compression Into a Level
when the pullbacks stop reaching backPrice approaches a level and, instead of bouncing away, each pullback from it becomes shallower. The lows step up, the level holds flat, and the space between them runs out.
H1 or H4Price action · Continuation