The Complete Guide to Candlestick Patterns

The Complete Guide to Candlestick Patterns

Candlestick patterns are an effective way to eliminate emotion from your trading and mitigate risks. These charts are practical trading analysis tools for anyone looking to understand the price action trading patterns. Find more information on candlestick patterns here.

9 Patterns to Use for Geometric Trading 

9 Patterns to Use for Geometric Trading 

Geometric trading strategies help day traders and long-term traders identify patterns that determine trend reversals and support resistance levels. They add another layer of technical analysis so traders can base their decisions on more than psychology and the news.

How to Succeed in Volatile Markets

How to Succeed in Volatile Markets

This blog discusses market volatility and how investors use this market condition to their advantage. It examines the indicators used to determine volatility and strategies that help investors determine the optimal entry and exit points for their short-term positions. 

What You Can and Can’t Learn from the MACD Indicator

What You Can and Can’t Learn from the MACD Indicator

The Moving Average Convergence/Divergence oscillator (MACD) was developed in the late seventies. Traders have been using it ever since, making it one of the most popular tools for technical analysis on the market. Learn more about the MACD indicator with this guide.

What Is Fibonacci Retracement?

What Is Fibonacci Retracement?

Fibonacci retracement levels are simply ratios that can help identify potential reversal instances. Fibonacci trading uses the Fibonacci sequence to determine the ratios for these reversals, and the most popular ratios are 61.8 percent and 38.2 percent. Learn more about Fibonacci retracement here.

Crude Oil Trading Tips 2021: A Volatile Endeavor 

Crude Oil Trading Tips 2021: A Volatile Endeavor 

Due to the financial consequences of the COVID-19 pandemic, crude oil has experienced more volatility than usual. Crude oil has always been a volatile commodity, but its swings were more predictable before the pandemic. Here are a few trading tips you may want to know.

8 Price Action Exit Signals Every Trader Needs to Know

8 Price Action Exit Signals Every Trader Needs to Know

When developing a price action trading strategy, one of the most important things you’ll need to do is decide which exit signals you will use. Ask yourself, “how will I know when it’s the right time to jump ship?” Price action trading, inevitably, becomes a careful...

Tips for Overcoming Trading Fomo

Tips for Overcoming Trading Fomo

The fear of missing out (FOMO) can cause traders to make irrational trading decisions. Becoming a successful trader is all about learning how to time the market. Prices and values, whether in the stock market the forex market, or anywhere else, can often change very...

5 Useful Price Action Entry Signals

5 Useful Price Action Entry Signals

This guide will assess the best price action entry signals for trading. As a trader, your fundamental goal is to purchase securities that are about to increase in price and sell securities that are about to decrease in price. Over time, consistently making the right...

Which Markets Are Best for Price Action Trading Strategies

Which Markets Are Best for Price Action Trading Strategies

Price action trading strategies are an effective approach to trading that involves looking at recent price movements and trying to determine where the price is most likely to move. Price action traders need to have a firm understanding of market dynamics, along with...

Multiple Time Frame Analysis: An in Depth Guide

Multiple Time Frame Analysis: An in Depth Guide

Introduction To Multiple Time Frame Analysis Traders rely heavily on studying charts for clues of what price might be doing next in an attempt to gain an edge. Various types of trading charts provide us with a visual representation of price movement over time and...

Fibonacci Trading: How to Use Fibonacci Ratios

Fibonacci Trading: How to Use Fibonacci Ratios

By Richard Krugel Introduction to Fibonacci Trading Leonardo of Pisa, also known as Fibonacci was a famous Italian mathematician during the middle ages and he was the first to write about a special sequence of numbers. When these numbers were added up in a certain way...

Developing a Trading Strategy With An Edge

Developing a Trading Strategy With An Edge

By Richard K. Introduction on How to Build a Strategy Most traders will inevitably come to the point where they want to develop their own trading strategy or trading system, probably because the strategies or systems they have spent their hard-earned money on before...

Pitchfork Trading Strategy: Andrew’s Pitchfork

Pitchfork Trading Strategy: Andrew’s Pitchfork

By Richard Krugel https://www.youtube.com/watch?v=gixvTKLkfOc&feature=emb_title Introduction to Pitchfork Trading Within most trading platforms lies a very powerful yet often overlooked drawing tool called the Andrews Pitchfork. Traders these days mostly rely on...

How to Use Trend Lines in Trading: Trend Line Trading Tips

How to Use Trend Lines in Trading: Trend Line Trading Tips

By Richard Krugel Updated February 20th, 2020 Introduction: How to Draw Trend Lines Correctly One of the simplest technical drawing tools is the trend line and traders use them as a visual marker that can indicate a trend's direction or serve as a warning sign that a...

Elliott Wave Trading Principles and Trading Strategies

Elliott Wave Trading Principles and Trading Strategies

By Richard K. Introduction: Trading Using Elliott Wave Theory The Elliott wave principle was developed by Ralph Nelson Elliott and is used as a form of technical analysis that practitioners use to determine financial market cycles and trend forecasting. His theory...

Position Management in Trading: Risk Management Strategy

Position Management in Trading: Risk Management Strategy

By Richard K Introduction to Risk Management Strategy Many beginner traders focus almost entirely on how to enter a trade and how much money they can make if things go their way, giving very little thought on how to actually manage their open position and limit their...

Mechanical Trading Systems and Why They Fail

Mechanical Trading Systems and Why They Fail

By Richard K Introduction to Mechanical Trading Systems Most traders who have been trading long enough have somewhere along the line been exposed to mechanical trading systems, expert advisors (EA’s), or trading robots, and in most cases, their experiences with these...

Technical Indicators and Their Limitations

Technical Indicators and Their Limitations

Trading with technical indicators offers an objective and statistical way of performing technical analysis that allows traders to take a closer look at price action and the underlying effects that are generally not perceivable with the naked eye. Depending on the...

Trading Emotions: How to Control Emotions in Trading

Trading Emotions: How to Control Emotions in Trading

Introduction to Trading Without Emotion Trading based on emotions is one of the leading factors that cause beginner traders to fail in the competitive world of online trading. There are plenty of mistakes that traders tend to make when they base their trading...

How to Backtest a Trading Strategy the Right Way

How to Backtest a Trading Strategy the Right Way

Backtesting is an essential component of effective trading. It includes restructuring trades that could have been completed in the past using rules derived from existing strategies. The results of this analysis allow traders to estimate the strategy’s effectiveness. Learn more about backtesting with this guide.

Price Action Analysis and How to Improve Trade Performance

Price Action Analysis and How to Improve Trade Performance

Introduction to Price Action Analysis Price action simply refers to a market’s price movement on a chart and traders who look at pure price action alone tend to do so without the use of indicators when making their trading decisions. When most traders start out they...

Trading Preparation and The Importance of a Trading Plan

Trading Preparation and The Importance of a Trading Plan

Introduction to Trading Preparation and Following a Trading Plan Traders that approach the markets without a plan are setting themselves up for failure. Consistently successful traders on the other hand always follow a plan and generally have a daily routine that they...

What is Price Action Trading?

What is Price Action Trading?

One of the best ways for traders to predict the near-future or distant-future price of a particular asset (such as a currency or a stock) is to look at the price. Rather than depending upon technical indicators alone, price action traders look at price movements in...

MACD Trading Strategy: The MACD Indicator

MACD Trading Strategy: The MACD Indicator

Introduction on How to Use the MACD Indicator Traders rely heavily on indicators to assist them with their technical analysis and the variables used to calculate an indicator's values are mostly based on the open, high, low, close, and volume of a candle/bar....

Trading Patterns With Technical Analysis

Trading Patterns With Technical Analysis

By Richard K. Introduction to Trading Patterns Technical Analysis Many people think that price action on a chart is completely random but anyone who has been trading long enough would tell you that there is a wide range of trading patterns that repeat themselves in...

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