Trading the market requires managing many different moving parts. This includes deciding which instruments to trade, which time frames to trade those instruments, what strategy to implement, how much … [Read more...]
Candlestick trading techniques are very popular with price action traders. There are a countless array of candlestick patterns that appear in the market. Some of these patterns have reversal … [Read more...]
There are a wide array of currency pairs that Forex traders can choose from. Based on your specific methodology and preferences you will need to choose the best currency pairs to trade. Having said … [Read more...]
The diamond pattern is an advanced chart formation that occurs in the financial markets. It is one that is less well known to technical traders and investors alike. As such, many traders are not very … [Read more...]
The primary job of a trader is to protect his or her account at all times. Placing an initial stop loss in the market following an entry execution is an important step towards that goal. A trader who … [Read more...]
Before you initiate any trade, you must do the proper due diligence and market analysis to ensure that you are giving yourself the highest probability of success on a given trade. Without a coherent … [Read more...]
There are four primary trading horizons that Forex traders typically fall into. This includes the ultra-short-term scalping timeframe, the intraday day trading timeframe, the intermediate swing … [Read more...]
The hammer pattern is one of the first candlestick formations that price action traders learn in their career. It is often referred to as a bullish pin bar, or bullish rejection candle. At its core, … [Read more...]
One of the most popular and fastest growing segments within the trading industry is the foreign exchange market. There are many benefits for individuals interested in pursuing forex trading as a … [Read more...]
The vast majority of methods touted on market forums and trading blogs are centered around trend based strategies. There is not as much literature on trading methods that are focused on countertrend … [Read more...]