Blogs By Professional Traders

Two Examples of Extremely Solid Set-ups (and a third that was pretty good as well)

August 28, 2014

I’ve been going with the GBP/JPY the past couple days given it simply seems a bit more amenable to trades than the EUR/USD based on first glance alone. The pound-yen has provided some nice up-and-down movement whereas the euro-dollar has mainly been trending and/or just not providing very … more

Reliably Finding Strong Price Levels to Trade

August 27, 2014

The European session opened up with a decent amout of volatility on the GBP/JPY, with large wicks on the opening candles spanning over fifteen pips. The market first rose up to the daily pivot level of 172.264 although no trade set up in the way in which I … more

Exploiting the Same Price Level more than Once and Making the Most of Limited Opportunities

August 25, 2014

Monday was one of those trading days where there’s a decent amount of movement, yet not much going in the way of actual trade set-ups. Pivot points weren’t a factor and it took a price level to manifest on its own from the price data to actually get … more

What to Make of the Markets World Platform Upgrade Announcement

August 26, 2014

Recently, Markets World announced that they would be improving their payouts system, such that 70% would be the new minimum payout, while 100% would be the new maximum. Along with their recent addition of 60-second options, the idea of course is to obtain and maintain new customer’s that … more

Trading With Primary And Secondary Trends

Trade With The Trend, But Which One?

Trading both sides of the chart is one way to super charge your trading. You can effectively increase the number of effective signals you get by simply opening yourself up to trading both bullish and bearish positions. I don’t mean … more

Using Binary Options to Trade Stocks

August 22, 2014

In trading, it’s often best to stick with what you’re familiar with and good at. Positive habits tend to build positive results in all facets of life, and it really isn’t any different when it comes to trading. Therefore, I tend to stick with currency pairs, namely major … more

Pivot Trade with the Direction of the Trend + Considering Set-ups Past a Given Predetermined Trading Level

August 21, 2014

The market started off in a nice, uptrending climb toward the daily pivot. Naturally, I had expected the pivot point to be the first level in play on this trading day. The market came within a pip, but started reversing, offering about a seven-pip retracement to at least … more

Trading an Indicator-less Pure Price Action Chart

August 19, 2014

Tuesday was a busy day of trading, with several market scenarios to account for during my European morning trading on the EUR/USD. There was also the small catch that no pivot points were in play, as the market was hovering between its daily pivot and support 1 levels. … more

Tips For Using Support And Resistance

This is a compilation of tips and tricks I know for trading with support and resistance lines. The tips range from where to draw the lines, to how to confirm the lines, ways to trade and how to derive some targets. For more information on what, why and … more

Assessing Close Calls: Determining what Trades are Worth Taking

August 18, 2014

Even for those with plenty of trading experience and have had a pretty good period of consistent success, there are often times in the market when you debate about whether a set-up is worth taking. You can have had been exposed to thousands of market scenarios in the … more

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