Good Day Traders, In this article I am going to make an introduction to the combination of volume and price action. Many traders ignore the changes in volume while they trading maybe because they don’t know its worth or maybe it’s a little bit difficult to understand it. I believe that a combination of the […]
Hi everyone, In this article I will explain you what divergence is and how to trade it. For trading divergences we need only Price Action and one indicator. The indicator might be an oscillator like the RSI or the stochastic, might be a momentum indicator like CCI or the Momentum or finally you can trade […]
Whether you trade binary options, forex, stocks or commodities there is a load of information passed off as truth, and accepted by traders, but which is actually total bull. Here are some market myths circulating around the financial industry…and the real story behind them. Myth: Complex is Good No, simplicity is good. Complex strategies and […]
Good Day everyone, In this article I will share with you my trades and I am going to discuss the impact of the news to the price. First of all, take a look in my results. As you can see I had one ITM trade and one OTM trade. The OTM trade is because of […]
Good Day everyone, In this article I will share with you my today trades and setups and I will explain you why is important to analyze multiple timeframes before take your trades. For today, I had a 2/2 ITM performance with a 105$ Net Profit. Here are my trades. Let’s go to the first screen […]
I’ve been a bit busy this week, so I haven’t traded since Monday and took just one trade today. I had three main levels that I was eyeing for trades today: the pivot level (purple line – 1.33467), the support 1 level (yellow line – 1.33039), and the 23.6% Fibonacci retracement that I have drawn […]
In my recent blog posts I’ve been doing a lot of trade analysis, going over my daily trades and explaining the thought process that went into each one. But quite honestly, the reason why many traders have issues becoming consistently profitable is not so much about finding an effective strategy (although it’s immensely important) as […]
June 10, 2013 My first trade on Monday was a put option on the 2:10 candle. There had been some minor congestion at the 1.3200 level earlier in the morning, but nothing major. My trade was mainly based off the whole number of 1.32. I’ve found that more often than not, trades at whole numbers […]
Good Day everyone, Today I am going to share with you my results and some of my setups. It was a quite profitable day (about +90$ Net Profit) and a 4/5 ITM performance. Not much money because of some silly mistakes but profit is profit. Look at my results. In these trades I used RSI […]
June 7, 2013 One event that many traders look forward to each month is the nonfarm payrolls (NFP). In short, it’s a statistical report over the current state of the labor market in the United States regarding the number of jobs that were added (or lost) over the course of the previous month, excluding farm […]