Fear of Missing Out (FOMO)
Fear of missing out or FOMO is one of the most common struggles that traders have to deal with. FOMO is what I explore in this post. (more…)
Tips / Psychology / General
Want to Join the 10% ?
If you’ve been trading for a while, I’m sure you’ve heard the statistic that 90% of traders fail. Also, I’m pretty sure that all of us strive to be a…
Stick with It
Sticking to your trading strategy is often the most difficult thing for traders to do. That’s because sticking to your strategy means: you don’t hop from one strategy to the…
NZDCAD: Week of 6 January 2025
See daily chart of NZDCAD below for the discussion that follows. (more…)
EURAUD: Week of 30 December 2024
See weekly chart of EURAUD 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
NZDUSD: Week of 11 November 2024
See daily chart of NZDUSD below for the discussion that follows. (more…)
EURJPY: Week of 4 November 2024
See daily chart of EURJPY below for the discussion that follows. (more…)
EURAUD: Week of 28 October 2024
See daily chart of EURAUD below for the discussion that follows. (more…)