This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Here is a list of essential things that I feel a trader needs to have in order to become successful. 1. […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. During the latter two days of this week I looked at the markets for over twelve hours and found a grand […]
January 6 was an interesting day, as it directly related to several articles written recently. As the US session began today the EUR/USD was moving within a triangle pattern, following a trending move down. The expectation based on the trend was that the price would break lower out of the triangle. Therefore, using the strategy […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. I wanted to address something I get asked probably the most often, which I can generally summarize as “How do I […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Those familiar with my blog here know that I tend to pretty much always stick with an overarching trading strategy centered […]
This is a guest post from our friends at Streetpips.com. They scan books and websites for trading strategy ideas and then select those which are programmable, code them, and share these with their members. Editor’s note: the website streetpips.com is defunct. It has not been active for years. I have linked an archived version of the […]
It was a few hours into the London session before a strong trend began. That is way I prefer not to range trade in the EUR/USD. There is a high likelihood that the range won’t last very long, and what many traders view as ranges are just consolidations in a longer-term term trend (not always, […]
By creating your own strategies you will have a much better idea about how your strategies work, compared to if you just use someone else’s. You’ll know when your strategy works and when it doesn’t, which means you’re better able to filter trades and capitalize on good opportunities. Most of all, creating your own strategies […]
Triangles are one of my favorite patterns; they are easy to spot, and even using a very basic approach (as outlined in Trend Continuation Patterns) can provide excellent trades. The basic strategy is to draw the outline of the triangle around the price (when the pattern occurs), and then wait for a breakout. There are […]