How to Trade Divergences Knowing what divergences are and knowing how to trade them profitably are two different things. You should put forth your best effort to trade divergences in a way that will be fruitful...
Stops are a necessary evil for any trader who wants to stay in the game. Some traders may try to avoid using stops but all it takes is one surprise headline and the game is over. I...
6. What Triggers an Exit? “Know when to hold em’ and know when to fold em’” as they say in poker. You also need a great exit strategy when you enter into a trade as well. You need...
Introduction to Elliott Wave Theory Elliott Wave Theory was developed by Ralph Nelson Elliott — a professional accountant who went to work trying to figure out the stock market back in his time (1920s-1930s). He reviewed approximately...
You probably want to know about the strength of a breakout move before you decide if you are going to trade into that breakout or not. After all, the stronger the breakout, the more that you can...
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...
How to Understand the COT Report Anyone who wants to be involved in the currency market needs to understand how to find certain sources of information that they wouldn’t necessarily be all that concerned about in other...
What is Divergence Trading? The dream of every trader is to take a low-risk, high-reward shot at making a big splash in the market. This is exactly what skilled traders are able to do when they trade...
Pivot points don’t hold on forever. There comes a time when the market moves beyond the pivot points that you see, just like the market moves past resistance and support points at times as well. This is...
This is the final installment of my 20 common sense trading tips. As with any trading informational presentation (e.g. article, webinar, video, etc), if you come away with one thing that helps you trade, it should be...
There are several ways to speculate in the currency market and several financial instruments are available to traders. The most popular ones are: 1. Retail forex 2. Spot FX 3. Currency futures 4. Currency options 5. Currency...
Resistance at 1.09450 Support at 1.09200. So what to do with these numbers ?? Well, you decide first are you a bull or a bear …then you make a strategy based on the given bracket right now…how much...