As in any business venture that you engage in, the ultimate success of that business will rely heavily on your understanding of various data points and financial figures. And that is certainly true as … [Read more...]
The weekend gap is a fairly common occurrence within the Forex market. As such, you should be aware of the risks associated with holding a position into the weekend and the potential effects that it … [Read more...]
The Cypher pattern is one of the lesser-known harmonic trading formations. But it is, nevertheless, a powerful trading pattern that you should learn and add to your trading toolkit. Here we will … [Read more...]
Whether you define yourself as a trader or investor, it’s easy to let emotions run havoc and get in the way of your decisions. Greed and fear, both normal human emotions, can become exacerbated when … [Read more...]
High probability trading requires a certain level of skillset and mindset. The trader must have the proper technical or fundamental tools for market forecasting, along with the right mental … [Read more...]
For a typical Forex trader, there is no feeling more depressing than getting stopped out of their trade. Worse yet, when the market takes off in your direction immediately after your stop gets … [Read more...]
The rectangle chart formation is considered a part of the family of classical chart patterns within technical analysis. It is one of the more easily recognizable chart formations, and is a fairly … [Read more...]
Many newbie traders are drawn to the market because they have heard or attended a webinar about daytrading or short-term scalping. There are some educators that tout scalping strategies as the be all … [Read more...]
As traders, we know that markets can either be in a trending phase, or a congestion phase. As a general rule, most financial instruments will display trending behavior less than one third of the time. … [Read more...]
Within the financial markets, there are two primary class of traders. The first group are considered system traders, and the second group are classified as discretionary traders. System traders rely … [Read more...]