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. July 24, 2014 Oftentimes, the biggest hurdle any trader has in becoming successful at the pursuit is overcoming himself. The ability […]
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. July 23, 2014 The EUR/USD was stuck in a rut during Wednesday’s trading and nothing looked even remotely close to providing […]
You’re trying to juggling watching multiple charts and you find you are missing trades because there is too much going on. Or maybe you are watching several assets but only want to buy the strongest or sell the weakest. In either case, to make life easier, you can watch multiple assets on one chart using […]
I know, I know, all of you who have read my previous posts are thinking, “didn’t he say that Fib’s are not signals?” It’s true, I have and it is correct. Just because price action has reached your Fibonacci Retracement level it does not signal an entry. You must wait for a signal/confirmation from other […]
You have probably heard it from someone–possibly even me in prior articles–and wanted to punch them in the face for not explaining what they meant. It seems like logical advice: “Keep your trading simple.” But what does it mean? Should I only use one indicator? Should I use no indictors? Should I only buy on […]
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. The most recent Mondays haven’t been overly kind regarding my personal trading results. In fact, I know that over the previous […]
The MACD has a lot of uses, and one of them is divergence…one of the most misunderstood technical signals there is. It is very common to read articles or analysis discussing divergence as a reversal signal, but tucked somewhere in the text is usually a disclaimer something to the effect of “But divergence can last […]
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’ve broached this topic in the past during the course of my other posts, but only briefly and felt it would […]
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 did not take a trade last Friday while watching the EUR/USD given that nothing set up to my liking. But […]
In his book S.C.O.R.E. for Life, Jim Fannin outlines 5 keys for achieving what you want. The focus of the book isn’t on trading, but the principles still apply. S.C.O.R.E stands for self-discipline, concentration, optimism, relaxation and enjoyment. Here’s my own adaptation of how these principles can be applied to making yourself a better trader. […]