Hello traders, if you have been watching the EURUSD charts on Monday 18th May 2015, you would be right in thinking the EURUSD was in an uptrend (based on the 1hr chart). So I was waiting price to come down so that I can buy on the bounce of an upward trendline and that setup […]

Have you ever been in a situation where you place a pending order and noticed that your trade was executed without the price actually touching the price level or line you wanted to get in on your trading charts? Is the forex broker executing trades too early without price touching it or is it something […]

Did you know that one very simple, yet very effective way of determining the end of a trend has nothing to do with moving average cross-overs or stochastic being oversold or overbought  or any other forex indicators? Moving average indicators only shows you the fact after it has happened…because they are lagging indicators. Did you also […]

This post appeared at NetPicks Active Trading Strategies and we feel it is critical to learn how to make money trading to understand what losing traders don’t do and how you can make sure you DO these things to avoid their same fate.   There is a lot of value that can be obtained if we […]

There are many things that Forex traders should know and one of the most important ones is:  To profit from swing trading Forex is not easy. The Forex market can take an overconfident trader and humble them faster than any other venture out there. Why is that a trading truth? Because trading is a meritocracy.  It […]

Price action trading, also called trading naked is about being able to read the price movement on a chart and base your decision off of that movement and the price structure it leaves behind. The reason the alternate term of trading naked is used is because the price action trader relies on the chart without the […]

The Commodity Channel Index indicator was designed by Donald Lambert and fits into the category of being a momentum indicator for those involved in technical analysis. Due to the lines on the indicator, it is often used as an oversold and overbought indicator. That can often be a flawed use of the CCI considering it […]

Japanese candlestick charts originated in Japan in the 18th century where buyers and sellers in the rice markets used them to exchange a form of currency for the rice. We’ve come a long way, with the help of Charles Dow, since the days of rice trading and Japanese candlestick patterns are used by many swing […]