Straddle trades are so called because they have two separate legs that sit either side of a given price level. More often than not, straddle trades are used to trade breakout events.
Trends are common in currency markets yet often traders find it impossible to profit from them. The vertical grid gets around this by aggregating the trend so that you enter the market near to the average.
Pivots are a tool often used by range traders and day traders to work out likely reversal points based on the previous day’s price activity. The beauty of pivots is their simplicity.
Drawdown happens when losses in a trading account outweigh profits over a certain period. If you trade in any kind of volatile instrument, some drawdown is inevitable and is one of the risks associated with putting your money into financial markets.
An Anti Martingale system does what many traders think is more logical. “Martingale in reverse” hangs on to winning trades, and drops losers. If that sounds better, read on.