How to Calculate Heikin Ashi A new trader may look at the Heikin Ashi chart and think that it looks just like the candlesticks that one will see on a regular chart, but they are NOT...
How Do I Know My Prop Trading Firm Will Stay in Business? The prop trading firm industry has been shaken by a series of failures, including some of the significant players. The recent collapse of Surgetrader,...
Newsquawk.com Week Ahead 7th-12th July: Economic Data Calendar SUN: French Election (second round) MON: CNB Minutes (June), Eurogroup Informal meeting of Competitiveness Ministers; Japanese Overtime Pay (May), German Trade Data (May), EZ Sentix Index (July), BoI Announcement,...
Japanese Candlestick Bodies & Shadows Japanese candlestick price charts may seem daunting, so we made an easy guide to understanding them. Real Time Charts Body Positivity Just as we all have varying body sizes, Japanese candlesticks...
Prop Trading and the Dreaded “Relative Drawdown” One of the biggest reasons traders fail prop firm evaluations is not understanding how relative drawdowns and high-water marks work. They don’t realize they could be a profitable trader and...
Newsquawk.com Week Ahead 1st-5th July: Economic Data Calendar SUN: French Parliamentary Election MON: Canada Day; Japanese Tankan (Q2), Japanese, Chinese Caixin, EZ, UK & US Manufacturing Final PMI(June), German Prelim. CPI (June), US ISM Manufacturing PMI (June)...