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 […]
For the past decade, every day before I start trading I check the economic calender…except today. I predominantly trade forex so I check out the global economic calendar on DailyFX. Since I trade a wide array of pairs I need to know what major news releases are due out in all the major markets–AUD, CAD, […]
In this article we’ll look at uptrend reversals (into downtrends); this is a follow up article to Simple Trend Reversals Strategy – Downtrend to Uptrend, which looked at downtrend reversals. Trading in the middle of a trend is fine, but trading near a reversal provides a way to jump in on moves as momentum is […]
The RSI is a versatile indicator, and can be used to provide entry signals during a trend. To get the signals a moving average is applied to the RSI. This is easily done on free charting platforms provided by brands below. Just add the RSI to your chart, click on the dropdown menu next to […]