By Richard Krugel Updated 10.10.2019 Introduction There are plenty of bar styles that traders can use to derive information from their favorite market, with the Japanese Candlestick style being the most popular by far. In this article we will have a look at how candlesticks can be used as a trade confirmation tool to find […]
By Richard K.
Introduction to Trade Entry Techniques
Trading involves so much more than just entering and exiting a trade but instead requires a process of careful planning, execution and management. All of which should follow a trading strategy that has been proven to provide the trader/user with an edge. Continue reading
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. Charts provide us with a visual representation of price movement over time and traders can perform their analysis using their favorite time frames to suit their trading style e.g. larger time frames tend to suit traders that attempt to hold positions for an extended period of time and smaller time frames to day trade or even scalp with. Continue reading
Part 1- Introduction
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 they resulted in a ratio that can be used to describe the special proportions or building blocks that exists within nature.
Price Action Trading Is The Key To Accurate Setups
Price action day trading is a visual representation of how price fluctuates on a trading chart over a certain period of time. There is a constant battle between buyers and sellers trying to figure out which way any particular market should be going. Understanding price action is one of the ways that traders become proficient in market trading strategies. Continue reading