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. Immediately when I began looking at the market, the resistance 1 level of 1.36073 stuck out as the first price level […]
As you may know, I really like Fibonacci Retracements. They are a fantastic tool for technical analysis with many uses and applications. Basically, FR’s are target areas for support and resistance based on ancient mathematical relationships found in nature. At heart is the Golden Ratio, which can be found between all living things such as […]
If you’re a day trader (or swing trader or even investor) you’ve probably asked yourself, or someone else, a similar question– “How often should I trade?” Trading too much can erase your edge in the market place, and highlight other problems such as lack of discipline or poorly defined trading strategies. Trading too little means […]
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. Today was an interesting trading day with many ebbs and flows in the market that made things interesting. Summer trading tends […]
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. As has been customary this summer, more support and resistance trading mainly through the primary use of pivot points as my […]
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 found a solid trade set-up on the support 1 level of 1.36153. As I stated in my post on the […]
Best and Worst Ways to Learn to Trade New traders take all sorts of different approaches to learn to trade. Here’s a look at some of the common methods, with thoughts on each to help you make the most of them. Trading Books: I personally love trading books (see 4 Great Trading Books You Should […]
Historical charts, or just charts, are the means by which we do what we do. Trade. Charts of historical price action are incredibly valuable and there is no question of there importance to technical analysis. However, there is widespread debate over the importance of using historical data to back test and its reliability on future […]
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. Tuesday offered a very trade-able market, with a decent amount of volatility and trades setting up well right on expected points […]
Knowing these four things about every trade you take will not only help you avoid making foolish mistakes, but can also help you read the market better. These concepts are derived (but added to) from The Complete Turtle Trader, a book that is entertaining, has some great lessons, and is worth the read. 1. What […]