Day Wave trading, or more accurately day to day wave trading, is a short term trading method I have developed utilizing Fibonacci Retracements. For those of you who don’t know Fibonacci Retracements, or FR’s, are a method of predicting and projecting potential areas of support and resistance on a chart of asset prices. The levels, […]
Wayne Gretzky, the greatest NHL goal scorer of all time, said “A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.” This applies to traders as well. Most traders are always late getting into trades, entering near the tail end of a move or […]
One of the best short trades in the world is the “dead cat bounce.” It is called so because even though the market may bounce after a devastating fall, it isn’t going to moving significantly higher anytime soon. The bounce is dead and those that go long expecting the price to rally further are also […]
The Fibonacci Long Bar Method is a style of trading with Fibonacci Retracements that I have developed over the years. This method focuses on day and day to day trading utilizing retracement levels following a sharp single day rally or decline. This method is not suitable for everyday use but is quite handy at pinpointing […]
June 17, 2014 Previously, I enjoyed trading at 24option until they closed down for United States residents. Then I went with TradeRush for a long while after that. But now that TradeRush is also closed to U.S. customers, I’ve decided to go over to Boss Capital for the moment. It seems to be a popular […]
When I started my trading career in 2005, I was hired by a firm to trade their capital. Needless to say they didn’t just give me a few million and let me trade my heart out. The opposite occurred. I was allowed to trade only the absolute smallest position possible. Since I was trading the […]
If you trade stocks or stock indices (or related products) here are two very simple indicators which will help you decide in which direction you should be trading. Open Price Indicator: Current price – Open price The Open Price Indicator (OPI) is a simple calculation that lets you know whether buyers or sellers are stronger […]
Hello! I am very happy to return back to my blog for at least these next couple months. For those who have followed me in the past, you know that I’m a college student and therefore my academics unfortunately get in the way of being able to trade and update my blog here. But many […]
Fibonacci Retracements are one of my favorite trading tools and vital to my day trading performance. The levels predicted by the fibonacci tool are remarkably accurate and provide a great number of trading opportunities for me in my day to day routine. The thing is, Retracements are best used when dissecting a pronounced trend or […]
Believe it or not most of binary options trading is based on technical analysis. Technical analysis is the study and measure of historial price action of a financial product in order to make a prediction about its future performance. All the articles and all the strategies about trading binary options touch on technical analysis if […]