Points of Interest
Introduction
One of the most common mistakes in trading ist the trading somewhat somewhere in the nowhere, which in general results in a bad trade location, wide stops, being stopped out very often or being right while being wrong.
Thus, in trading it is paramount to wait patiently for your setup to appear, and not every setup is of the...
Dow - Elliott - Murphy
Introduction
As I am going deeper into the subject of reading a chart, we definitely need to cover trends. As the saying goes: “the trend is your friend”. But where does it start and where does it end?
In the following article I’m going to cover basic principles in use for more than a century.
Furthermore, the Dow theory is still in use...
Part I - Perspectives on Volume
A. Plain Volume
Introduction
As volume is the most important indicator on price and trend, it is often overlooked and more often not even used. But overall, volume is by far the easiest indicator of all, especially if used in conjunction with price and trend.
As many traders are relying on indicators, trying to ready...
What to look for
Introduction
As my previous post made unexpected waves within the community, I suppose you might be disappointed by this one,
but you should still take your time reading this article and take some time thinking about it.
Moreover, you might wonder, why the first article has been about volume instead of price or the chart itself and now it...
