Aug 25 2016 @ 00:18
TAPPING PROFITS WITH AN INTRADAY STRATEGY “As traders, we should never stop learning, because the markets are never going to stop teaching. Continuing to learn is a vital part of becoming a better trader.” – Track ‘n Trade You may have heard that FX trading is all about combining strong currencies with weak currencies. Well, […]
Aug 19 2016 @ 02:19
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 15 “It seems that these days few traders are interested in trading long-term. The monthly and weekly charts remain relatively unnoticed. Traders are so busy looking at anything and everything from 60 minutes down to 1 minute, that they let beautiful trades slip right by […]
Aug 12 2016 @ 04:53
“In my experience trading takes a very important and somewhat rare personality trait which is: the ability to see the next logical step and to then get it done. If this ability is lacking you will always be behind.” – Garachen (Source: Elitetrader) Why Is Trading a Good Money-making Vehicle? It’s a level playing field. […]
Aug 05 2016 @ 06:46
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 14 “My advice to… both strategy creators and investors — is to always have a ‘what-if’ plan. Always know what you’re going to do, when the unlikely or unexpected event occurs. You can’t anticipate everything in advance, of course — not specifically — but you […]
Jul 28 2016 @ 08:24
“One of the best ways to learn about anything is to read about it. Books, articles. Even just marketing pages. Find out what the pros are doing. Find out what’s working for them. And then…” – James Altucher In the last few years I have written three books titled Lessons from Expert Traders (published by […]
Jul 24 2016 @ 17:50
The Cable traded sideways last week, not going above the distribution territory at 1.3400, nor going below the accumulation territory at 1.2950. This has caused the bias to become neutral in the near-term. But there could be a breakout this week or next, which would push price above or below the aforementioned accumulation and distribution […]
Jul 21 2016 @ 21:42
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 13 “Writing down a trading plan and sticking to it is the winning trader’s secret weapon. If you create detailed trading plans and manage risk, you will increase your chances of success. Don’t think you need to trade by the seat of your pants. Take […]
Jul 17 2016 @ 16:34
The EUR/JPY cross went upwards by 700 pips last week, reaching the supply zone at 118.00. Price got corrected by 220 pips on Friday, although that has not violated the Bullish Confirmation Pattern in the 4-hour chart. Price could go upwards from here, but that does not rule out the possibility of bearish threats. EUR/USD: […]
Jul 14 2016 @ 22:13
When new traders move into the arena of trading they face several functional difficulties such as how do markets work, what are the subtle difference between markets and most importantly how does one design and implement a system that is some way logic and effective. If someone manages to navigate this maze and become in […]
Jul 10 2016 @ 18:09
GBP/USD dropped 450 pips last week, to test the low of 1.2796, before price consolidated in the last few days of the week. The bias on 4-hour, daily and weekly charts is bearish, and thus price should continue its decline. However, this week may be different, for we could see a strong rally in the […]