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 something worth trading. On […]
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 might be attracted by […]
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 you should be trading both at the same […]
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 currencies (like EUR/USD, GBP/JPY), […]
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 temporarily pause the uptrend […]
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 how support and resistance lines work check […]
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 past and have a […]
August 15, 2014 Another day of trading the GBP/JPY. The EUR/USD is my standby as I’ve mentioned, but changing things up a bit from time to time (as in trading a different, but not totally different, asset) can be okay. Monotony is trading is actually a good thing to some degree in that repeating the […]
August 14, 2014 The EUR/USD was uninspiring to start the day so I looked over at my back-up pair, the GBP/JPY, to see if the action was a bit more appealing. No pivot points were in play due to the large trading range from yesterday, but there was a downtrend in effect. This makes things […]
August 13, 2014 In the past, I was more aggressive in my trading in that I would often take trades on the first touch of a particular price level. But this still did not mean that I would only trade just a price level. Just because a particular pivot point is coming into view for […]