Not every day is going to be easy to trade–some days are, some days aren’t. Depending on trading style, a tough day for one trader may be a glorious for another, but the fact remains every trader faces tough market conditions. Since I don’t start trading the EUR/USD until well into the European session, nearer […]
Another trending day for the EUR/USD, providing ample opportunity to trade the short-side (puts) during the London session and the start of the US session. To take advantage of the downtrend, look to enter on pullbacks and exit on the next swing lower. Using 0.01% envelopes provides a context for pullbacks on a 1-minute chart. […]
Good day traders, In this article I am going to show you and explain you how to use a double- CCI- Woodie indicator. As you understand this indicator has two CCIs. You know CCI, it’s a momentum indicator and I gave you many examples in previous articles. Let’s see how this indicator looks like. This […]
Good day traders, In this article I am going to show you and explain you about the Gann HiLo Activator. It’s a trend indicator and you can use it to identify the trends. The results show us that this indicator is better for scalping positions as you can give you signals to get early in […]
Good day traders, In this article I am going to show you how to use Demark Trend lines. There are traders who have difficulties to draw or to use trend lines. Demark indicator is not something unique, although it’s very popular to the traders. It’s an indicator which draw trend lines and you can use […]
Clearing your charts of all indicators forces you to focus on the price. Price movement is what creates profits and losses, and is therefore the most valuable indicator you have. Price Action Entries October 31 was a trending day for the EUR/USD; trending days are relatively easy to trade as long as you trade with […]
When day trading, looking at both the long and short-term technical outlook of an asset can be a big advantage. If you only look at a 1-minute chart for example, you may be missing the larger trend. And if you only look at a daily, hourly or 15 minute chart you’re likely missing a lot […]
One of the first lessons we often receive as traders is “trade with the trend.” This is good advice, which I recommend following. But how can you tell when a trend is trustworthy, or strong? While it is good to trade in the same direction as a strong trend, if the trend is weakening or […]
There is a new kid on the block and it’s known as 0-100 binary options. Well, maybe they aren’t so new but there have been some developments over the past year that have brought them into the spotlight. If you don’t know what this type of trading is here is a little primer. Like standard […]
In part 1 we looked at the overall strength of the market as a determinant for if we should stay in a trade or not through a pullback. Yet, pullbacks can be rather deceptive. Assume we have decided to stay in a short trade because there was a lot of selling pressure prior to a […]