Stop Looking for Another Strategy; Start Looking at Yourself
With all the content out there, it’s so easy to get ideas for trading strategies. This, in turn, makes it easier to move from one strategy to the next. And…
Tips / Psychology / General
The Four Trading Styles Every Trader Should Know
Many beginner traders get into trading thinking there’s is only one way to trade / make money in the markets – intraday trading. But that not true. There are 4…
Record and Analyze Your Trades
In this post I’m quoting from The New Market Wizards, a book written by Jack D. Schwager. I do this to highlight the importance of journaling your trades. Sounds good?…
AUDNZD: Week of 31 March 2025
See daily chart of AUDNZD below for the discussion that follows. (more…)
NZDCAD: Week of 24 March 2025
See daily chart of NZDCAD below for the discussion that follows. (more…)
Technical Analysis
The Harami Candlestick Pattern
This post will cover the bullish and bearish harami candlestick pattern. Before I start, if you are new to candlesticks and want an introduction, you can start here. (more…)
Tight Stops or Wide Stops?
I can’t decide for you (the trader) on how tight or wide your stops must be, but I can explain how they (tight or wide stops) will affect your trading.…
The Relative Strength Index (RSI)
The Relative Strength Indicator (RSI) is a technical indicator that was created by J. Welles Wilder and is explained fully in his book, New Concepts in Technical Trading Systems. (more…)
Charts, Levels and Strategizing
EURJPY: Week of 10 February 2025
See daily chart of EURJPY below for the discussion that follows. (more…)
EURGBP: Week of 3 February 2025
See daily chart of EURGBP below for the discussion that follows. (more…)
NZDUSD: Week of 27 January 2025
See daily chart of NZDUSD below for the discussion that follows. (more…)