Different Seasons Mean Different Trading Seasonal shifts in market action are an underlying cause of market direction that many traders fail to recognize. I know that I for one took a long time before I began to rely on things like the Traders Almanac and other sources of information that shed light on the subject. […]
September 1, 2014 As binary traders, especially for those of us who trade very short-term – e.g., 60-second options, 5-15 minute expiries – we often don’t really think about the broader scope of the market. When I do a trade analysis post, I’m almost always just providing my five-minute charts and a really up-close view […]
August 29, 2014 The EUR/USD had the pivot level in play in today’s trading. After a non-descript opening few hours, volume entered the market to the point where price took about a 25-pip leap up in about fifteen minutes, the most action seen all day. The market roughly settled around pivot. It didn’t offer perfect […]
August 28, 2014 I had a lot of time on my hands Thursday, as I basically had the entire day to myself free from interruption. So not only did I trade the GBP/JPY during the European session, but I also decided to switch gears and look at some stock trading. First I looked at Apple […]
August 28, 2014 I’ve been going with the GBP/JPY the past couple days given it simply seems a bit more amenable to trades than the EUR/USD based on first glance alone. The pound-yen has provided some nice up-and-down movement whereas the euro-dollar has mainly been trending and/or just not providing very many good set-ups as […]
August 27, 2014 The European session opened up with a decent amout of volatility on the GBP/JPY, with large wicks on the opening candles spanning over fifteen pips. The market first rose up to the daily pivot level of 172.264 although no trade set up in the way in which I approach the markets, given […]
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), […]