Learning to Say No and How it can Help Your Trading
People can spend a lot of time doing “things” that don’t contribute to their dreams / goals. And by simply doing the opposite, that is doing less of those “things”…
USDCHF Inverse Head & Shoulders, February 2021
In today’s post I will be discussing the inverse head and shoulders pattern that recently formed in the USDCHF forex pair. This was on the daily chart and the breakout…
The Essential Parts of a Trading Strategy
In this post I’m going to explain the bare essentials that are necessary in a trading strategy. As part of a trading strategy you must, at the very least know:…
Mindfulness, Trading and Life
In one of my previous posts, I wrote about how I want to practice becoming more patient and disciplined this year and beyond; not just in my trading, but also…
The Ascending and Descending Triangle
In this post I will explain the ascending and descending triangle as chart patterns being used by many traders as part of their trading arsenal. These patterns are very popular…
More Patience and Discipline for 2021 and Beyond
In 2021 I want to work harder on my patience and discipline. It has always been something that I’ve been good in some areas of my trading and not too…
Is a proven trading strategy enough for successful trading?
A written out trading plan is good. Having a written trading plan that you know has an edge is great. Having a written out trading plan with an edge which…
Stick to your Trading Strategy; Stick to your Guns
The following is an excerpt from a chapter called Stick to your Guns from the book “Technical Analysis of Stock Trends” which was written by Robert D. Edwards and John…
The Symmetrical Triangle
In this post I will explain the symmetrical triangle as a chart pattern being used by many traders as part of their trading arsenal. This pattern is very popular in…
Markets will surprise; how will you react?
As traders markets will often frustrate us. This is normal and especially so in the beginning of a trader’s journey. If you stay in the game long enough and are…
The Shooting Star and Inverted Hammer Candlesticks
In this post I will cover the shooting and inverted hammer candlestick patterns (also known as pin bars to many traders). They are reversal candles, meaning they indicate that the…
Using the concept of R for defining profits and losses in your trading
I first touched on this concept of R in this post where I gave a simple exercise to hopefully help traders out there to stick to their trading strategies. I…