Entries with no category
Talking Points: Targeting X amount of pips per day is unrealistic.We should instead focus on diligently following our strategy.Trading with an edge using limited leverage should yield a profit over time. About once a week I receive an email from an aspiring Forex trader telling me that part of their trading plan is collecting a consistent 10-20 pips a day from the market. Or they might just ask me flat out for a strategy that only makes 10-20 pips a day. There is ...
Talking Points: Recap of the Zig-Zag & The Study of CorrectionsThe Second Pre-Trend Pattern: TrianglesSetting Stops & Profit Targets “All patterns fail, but the key is to know when to trade them and when to avoid them.” -Suri Dudella Trading patterns can be seen as a short-cut to in-depth technical analysis. You were recently introduced to the first type of corrective trading pattern known as a 3-wave correction or zig-zag, which commonly plays ...
US Dollar Awaits Heavier Volatility, Rate Speculation Returns There was a considerable commotion in the financial markets this past week with sharp declines in global equities and sizable swells in volatility measures (the short-term equity-based measure increased nearly 60 percent on Thursday). Yet, a notable contrast to this ...
Talking Points: Price action is the study of price movements in a market.Many traders look at and use price action because it’s the cleanest view of technical analysis in a market.In this article, we discuss the most basic relationship at the center of price action: Supply and Demand. One of the most difficult aspects of learning to trade is finding which systems, strategies, or indicators might work best given your personal goals in the market. Surely, there are ...
MTF AbrahamTrend ---------- AbrahamTrend_v2 indicator was created for Premium Trading Forum. This is MTF version with ability to see the volatility channel. ---------- You need to subscribe to Premium Trading Forum to read and to download.