Have you ever found yourself in a situation where trade was closed out before reaching your intended stop loss level, or where the market reaches your profit target but the trade never closes in your favour?
It can be frustrating and confusing, leaving you wondering what went wrong. You may even start to blame your broker or the market itself, thinking they are...
We have all been there. You analyze a trade setup. You know how much you're going to risk on a trade. You enter the trade just to come back to your chart and find you've been stopped out.
It's not fun. It sucks. You thought the setup would work because you followed you rules. The thing is, the market is the market.
In my early stages of trading I hated being...
If you feel like you're missing trades due to a busy work schedule or because you're afraid to hit the button when a great trading opportunity comes along, pending orders may be the thing you need.
In this video, I will teach you the difference between market orders vs. pending orders.
Thank you for watching the video and comment below your thoughts. I'd love...
Hey Guys!
Just wanted to post a quick lesson on "How to Draw Legitimate Trendlines".
In this lesson, I explain the 3 rules that must be applied for a trendline to be legitimate.
1.) Trendline's attachment points must be on the wicks of a candle. Not the body of a candles.
2.) There must be at least 3 contact points on a trendline for it to become...
This is educational :)
You can see that the price is a bit "blurry" at the first order box. Why is this?
Financial institutes never invest their whole money at the same time to get "stopped out" or "margin called". They do this to check how the price is reacting to their orders. For example, if they want to invest 100 million euros in a long position; firstly...
Hello Traders,
In today's lecture I'm explaining how to use Moving Averages effectively on smaller (1hour) time-frames. Moving Averages can be applied to all assets including Forex, Stocks, Crytpos, etc..
Please note that Moving Averages are a lagging indicator which means they print on screen after price action has moved. They by no means are a leading...
The double top pattern is one of the most common technical patterns used by Forex traders. It’s certainly one of my go-to methods of identifying a potential top.
Just as the name implies, this price action pattern involves the formation of two highs at a critical resistance level. The idea that the market was rejected from this level not once, but twice, is an...
