Price action and candlesticks are a powerful trading concept and even research has confirmed that some candlestick patterns have a high predictive value and can produce positive returns. Especially interesting is a research paper by Gaginalp and Laurent in which they showed that the candlestick patterns: Three White Soldiers, Three Black Crows and Three Inside […]
The post Why Do Candlestick Patterns Work? Learn To Trade Price Action appeared first on Tradeciety Trading Academy.
With this article, I, believe that your Forex hunting next week will become even more profitable. Why is that so? The subject is on Money Management! Introduction We have discussed the all the angles on and the importance of Stop Losses in the articles called […]
Synchronization can be defined, according to businessdictionary.com, as the “process of precisely coordinating or matching two or more activities…or processes in time”. Well, what we’re looking to match in Trend Synchronization is simply the forex market trends across various time frames. I’ve written before here […]
Strike 3.0 consists of two complete trading strategies, including entries, targets, stop losses, sizes and trade management for each strategy. A significant element of these strategies is Support and Resistance levels for entries and exits. Support and Resistance levels are prices at which the trader can […]
You have all probably heard that you need to treat trading as a business if you want to be successful. But what does this actually mean? Instead of letting it be just another meaningless phrase, let’s take a deeper look to fully understand it. The ideas behind “treating trading like a business” are very important […]
The post Trading as a business – my step by step guide appeared first on Tradeciety Trading Academy.
It’s somewhat problematic, however, to be continually checking back and forth across half a dozen time frames looking for multiple trendline convergence. It’s just a lot of work, one of those things that you just naturally start to wish could somehow be automatically indicated to you. Plus, it’s easy to miss something, looking at multiple indicators on several different charts.
How often did you experience a situation where a trade looked so obvious but then immediately reversed on you and you had to realize that you were, once again, entering at a very wrrong spot? A bull trap occurs when traders take a long position and then have price reverse and move lower very sharply. […]
The post Trading The Bull Trap – Eliminating Losing Traders appeared first on Tradeciety Trading Academy.
“Which is the best timeframe?” is maybe the most common question I get every day and I want to address it finally and hope to provide some tips on how to approach the timeframe choice. What two choose between?Typically, traders choose…
Bollinger Bands ® are among the most reliable and potent trading indicators traders can choose from. They can be used to read the trend strength, to time entries during range markets and to find potential market tops. The indicator is also not a lagging indicator because it always adjusts to price action in real time […]
The post Bollinger Bands ® Explained – The Best Trading Indicator appeared first on Tradeciety Trading Academy.
while there are many ways to do scalping wrong, there are actually some HUGE benefits to scalping
I have produced a video that gives a detailed training on how to use the Forex Power Indicator that we have created for our readers to use.
There’s a buzz around the forex world at the moment in regard to correlations between currency pairs and how you can use them to your advantage in your trading. While I haven’t personally downloaded or read any of the “secret” reports on this subject, I thought it might be useful to discuss this topic and to give some examples of how I use currency correlations in my own trading…
Divergences are one of my favorite trading concepts because they offer very reliable high-quality trading signals when combined with other trading tools and concepts. Although indicators are somewhat lagging – just like price action is lagging too – when it comes to divergences, this lagging feature is actually going to help us find better and […]
The post How To Trade A Divergence – A Step By Step Trading Guide appeared first on Tradeciety Trading Academy.
For me, following the different markets and asset classes is like a huge puzzle that is always changing infront of your eyes. Today, I took a few minutes to go over some charts, share my thought process and explain how I set up my trading environment. Here are some of the key points and themes: […]
The post Forex Outlook, USD Strength, Higher Yields, Crypto Charts & More appeared first on Tradeciety Trading Academy.
The 80/20 Principle is a very effective concept in achieving efficiency. It allows you to focus on core revenue making activities instead of wasting resources on unimportant tasks. The principle is one of the essential concepts in modern day business and it has the same […]
Confluence in Forex is a concept that allows Forex traders to combine various technical analysis tools and instruments to judge whether any particular trade has better or worse odds of success. Basically, the idea mitigates the over-reliance on one tool. Today’s article focuses on how […]
I am sure that you are going to love this article. I will be revealing one of my long-term strategies, which I like to call ‘a million USD forex strategy’. I know that all Forex traders, including myself, are especially fond of trading strategies. This […]
FOMO – the Fear Of Missing Out – is a daily enemy for all traders and FOMO is influencing our decision-making as traders on many levels. From making us jump into trades too early without confirmation, to closing winning trades too soon when we don’t want to give back profits, to risking too much because […]
The post Are You A FOMO Trader? The Fear Of Missing Out appeared first on Tradeciety Trading Academy.
Please make sure to read my foreword before proceeding and also read the full article before establishing an opinion about this article. This article is my personal opinion and it’s not intended to be seen as any type of investment advice. It is purely for entertainment purposes. Trading any financial market is inherently risky and […]
The post Trading cryptocurrencies. Does technical analysis work for cryptocurrencies? My take on trading cryptos appeared first on Tradeciety Trading Academy.
This is one of my personal scalping methods and I call it “5 Minute Silence Time”.
First of all I want to note that I’m not using Stochastics in my analysis and also my swing trades and I don’t like indicators at all but in this scalp method we are going to use this famous indicator as I had worked with stochastics almost 3years before.
On January 9th, The Eastman Kodak Company announced that it would be launching its own digital currency called KODAKCoin. According..
The post SureTrader CEO calls bull on cryptocurrency, KODAKCoin appeared first on SureTrader.
Day trading, or intraday trading, all takes place within 24 hours. Technically, longer-term trading refers to anything beyond that one-day period, but..
The post Day Trading vs. Longer-Term Trading appeared first on SureTrader.
However, when it comes to alternative forms of investment, there are many people out there who could best be classified as interested, but not necessarily well-informed. For example, consider the idea of investing in gold.
One of the most important things in trading is picking the right currency pair, combined with the right trading strategy. Choosing correctly has the potential to make a huge profit, while choosing the wrong pair will lose money. This is one of the similarities […]
Looking at a weekly USDJPY chart, you will notice that we have embedded weekly Master Candles set up. For those of you unfamiliar with Master Candles, they are candles that engulf the next four following candles. Trading a break of a Master Candle on any […]
Follow Jack as he works to trade a $50 account all the way to one million dollars.
These days, there is a lot of discussion about automated trading vs manual trading. One of the main things that have caused these discussions is the flood of automated trading systems that have come into the marketplace. There are THOUSANDS of Forex trading robots out […]
One thing I do that helps me to open good trades and avoid bad trades, is a Forex Checklist. This check list has a list of rules that must be in place before I enter a trade. I have found that by having a simple checklist in place it assists me in having the discipline to stick to my plan.
The currency markets operate 24/7. That’s a lot more than any of us can remain sitting at our computer screens, obsessively monitoring each price tick up and down for all our currency positions and everything we want to be in. That’s where pending orders come […]
I am excited to introduce all the readers of Winners Edge Trading to our new contributor Mark Thomas. He will be writing Forex Articles for this site along with me from now on. I have chosen Mark because he does his work and writing with excellence and that is what makes good Forex traders.