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...]

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...]