Tips and Tricks on How to Trade the Inside Bar Candlestick Formation
What is an Inside Bar?
An Inside Bar is a two-bar price action pattern where the second bar (the inside bar) is completely contained within the high and low range of the first bar (the mother bar). This often signifies a period of consolidation or indecision.
Trading the Inside Bar:
Breakout...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Today we are going to cover terms such as Margin, Lot size, Spread and What are they.
Forex trading is a dynamic and potentially lucrative endeavor, but it comes with its own set of terminology and jargon that can be intimidating for beginners. Understanding these...
The USD/TRY has one of the highest Roll Over Interest out there should you choose to take on this highly volatile pair. It isn't so much that it is volatile, it has to do more with price just moves one direction, and that is up. The way we want to go is down (short) or at least sideways (ranging). Why is this interesting? It is because the Rollover Interest...
WHAT IS LEVERAGE
Leverage is a tool that increases the purchasing power of the trader’s deposit. The mechanism is funded by the broker, or rather the liquidity provider working with the broker. The leverage mechanism is very simple. The higher the leverage is, the more funds we can invest in trading. Simply put, leverage is kind of a bank loan. But it is much...
👉What is a Pip?
The unit of measurement to express the change in value between two currencies is called a “pip.”
If EUR/USD moves from 1.1050 to 1.1051, that .0001 USD rise in value is ONE PIP.
A pip is usually the last decimal place of a price quote.
Most pairs go out to 4 decimal places, but there are some exceptions like Japanese yen pairs (they go out to two...
Hello hello! In this post, we'll take a look at the basic principles behind the spread in forex market and why it is important.
In the foreign exchange market, the spread is the difference between the bid price and the ask price for a particular currency pair. The bid price is the highest price that a market maker is willing to pay for a currency, while the ask...
👉What is a Pip?
The unit of measurement to express the change in value between two currencies is called a “pip.”
If EUR/USD moves from 1.1050 to 1.1051, that .0001 USD rise in value is ONE PIP.
A pip is usually the last decimal place of a price quote.
Most pairs go out to 4 decimal places, but there are some exceptions like Japanese yen pairs (they go out to...
Hey tradomaniacs,
ever since I`m in this business I see posts about "Profit in pips" and how important allegedly pips are.
I can tell you... this is non-sense unless you trade the same PAIR with exact the SAME Risk-Reward over and over again!
In this post, I want to clarify and show you that it is absolutley senseless to count the profit in pips as it says...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trades on GBPAUD, if you any questions on the pair let me know in the comment section below.
I will be looking to take a trade on the pair if our trading rules are met over the next few days.
I would suggest keeping this pair in your watchlist to see if your own rules are met. If...
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
THIS IS MY VISION ON BTC/USD LONG TERM.
IM CURRENTLY IN A SHORT POSITION, ONES PRICE REACHES .38 I WILL BE LOOKING FOR LONG OPPORTUNITIES.
LET ME THINK WHAT YOU THINK.
Most beginner traders aswell as even some that have been around for a while always get tricked into
the psyche that a profitable trader is one who caps the most pips in a month.
This is only not true but substantially misleading especially to new traders as they hardly think
in the negative direction when thinking pips, all focus is always on the PIPS they...
Risk & Money Management
Risk management, in my opinion, is equal in importance to psychology because it allows your trading strategy/edge to play out by keeping you in the market equity wise. There really isn’t much to risk management other than its number one rule, never risk more than 1% per trade. Risking one percent per trade allows your trading system to...
You wouldn't think, but I believe there are some friends around here looking for something to do this Easter. For them I compiled 4 challenges to study and use for the month of April. See if you understand each challenge and how each may add pips to your wallet.
FREQUENTLY ASKED QUESTIONS
Q: How much money do I put on per trade?
A: I personally adjust my position size depending on the currency pair and stop loss difference to cap my loss at a maximum of 1%
Q: How many pips do i look to achieve Daily / Weekly / Monthly.
A: I never set percentage or pip goals, this can cause impulsive emotional behaviour which...
![EURUSD: [EDU-Bite Sized Mini Series]Margin? Lots? Spread? What are they?](https://s3.tradingview.com/p/PH0NI38H_mid.png "[EDU-Bite Sized Mini Series]Margin? Lots? Spread? What are they?")
![BTCUSD: Easter homework [if bored]](https://s3.tradingview.com/2/2keX1uXK_mid.png "Easter homework [if bored]")
