In trading, it’s not enough to have a strategy with an edge. You have to also have the confidence and persistence to adhere to your trading strategy even in the toughest of times. This is easier said … [Read more...]

Today we will be discussing what I believe is the most important time frame that a forex trader should consult before executing any trade. What I am referring to is the daily timeframe chart. The … [Read more...]

The average retail forex trader should be familiar with Fibonacci retracement levels, and may even use it regularly within their trading program. In this article, we will dive into a somewhat lesser … [Read more...]

Trading breakouts is a popular and viable trading strategy. However, as all breakout traders are aware, some breakouts will not materialize and turn out to be fake or false breakouts. This can be … [Read more...]

There are several different class of indicators that a trader can utilize. And based on the specific goal, such indicators can help in the overall decision-making process. Most traders are familiar … [Read more...]

Before allocating any money in the markets, a trader needs to decide on the trading timeframe that they will be focusing on. This should be clearly spelled out within each individual trader’s business … [Read more...]

Price movements within the spot forex market are represented in pips. A pip is the minimum tick that a currency pair moves up or down. The value of a pip may be different from one currency pair to … [Read more...]

Harmonic patterns are becoming increasing popular in Forex trading. Harmonic patterns can be classified as Internal Patterns or External Patterns. Internal patterns include structures such as the … [Read more...]

There are essentially three major categories in terms of anticipated time horizon for a trade. Day Trading, as the name suggests is based on intraday price action and usually positions are entered and … [Read more...]

There is a wide array of studies within the technical analysis field, and many talented analysts and traders have contributed their work in this area. One of the brightest minds in the industry is a … [Read more...]