What does it mean to fade the breakout? This is the type of trade that one can make when they trade in the opposite direction of the breakout — or trading the FALSE breakout. You would always...
How do you detect fakeouts in trading? Wouldn’t you like to have some way of knowing that what you are viewing in the market could reasonably be defined as a fakeout? That is to say, a breakout...
Understanding when you are looking at a retracement or a reversal is a very important skill to have when you are working out how you will become a profitable trader. The fact remains that most people set...
Traders often wonder what it means to be stuck in a range-bound market. This is one of the types of market environments that you may have to deal with on a regular basis. It is best to...
Setting Your Risk-Reward Ratio It is reasonable and a good idea to set up a risk to reward ratio for each trade that you enter. Knowing ahead of time how much you stand to gain versus how...
If you’re thinking about getting into trading, you’re probably wondering how much money you need to get started. In this blog post, we’ll explore how much trading capital is needed to trade effectively. Whether you’re just starting...
If you are a newer trader, you may not realize just how important it is to pay attention to some of the breaking news that comes out of the financial world. It is far more important than...
From the dawn of the Civilization humans tried to predict the future events . That tendency produced not much till this day, aside of gazillion of Soothsayers , Witches, Sorceress , Wizards and a decent number of...
How do you know when you’re dealing with a trending market? Many traders like to see a trending market far more than they would like to see a ranging market. Either market condition can be potentially proftable...
How to Find the Commitment of Traders (COT) Report So you want to know how to fnd the commitment of traders (COT) report. Getting your hands on the COT report is a great way for you to...
Trading can be a great way to earn income through profits, but it’s important to remember that it’s a risky business. That’s why it’s important to design your system and test it before you start trading with...
There was a Global-View member. a bank trader working for Japanese bank who gave the JPY a nickname I never forgot. He called the JPY “The Devil “  The reason, as he said was because “the YEN...