Uncertainty and Trading, and How to Deal with It
One of the biggest reasons why so many traders struggle with trading is the uncertainty that comes with the markets. This post explores uncertainty and suggests ways to deal with…
Tips / Psychology / General
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…
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…
EURAUD: Week of 7 April 2025
See daily chart of EURAUD below for the discussion that follows. (more…)
AUDNZD: Week of 31 March 2025
See daily chart of AUDNZD 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 24 February 2025
See daily chart of EURJPY below for the discussion that follows. (more…)
GBPUSD: Week of 17 February 2025
See daily chart of GBPUSD below for the discussion that follows. (more…)
EURJPY: Week of 10 February 2025
See daily chart of EURJPY below for the discussion that follows. (more…)