The Directional Movement Index (DMI)
The Directional Movement Indicator (DMI) was created by J. Welles Wilder, and is explained fully in his book, New Concepts in Technical Trading Systems. I delve into this indicator in…
EURGBP: Week of 12 May 2025
See daily chart of EURGBP below for the discussion that follows. (more…)
Revenge Trading and How to Deal with It
Revenge trading is one of the most common problems many traders face. Some deal with it quickly, others not so much. This post explores revenge trading and provides some tips…
EURUSD: Week of 5 May 2025
See daily chart of EURUSD below for the discussion that follows. (more…)
Trading Wisdom from Marty Schwartz
In this post I’m quoting from Pit Bull: Lessons from Wall Street’s Champion Day Trader, a popular trading book written by Martin “Buzzy” Schwartz to highlight the importance of removing your…
GBPJPY: Week of 28 April 2025
See daily chart of GBPJPY below for the discussion that follows. (more…)
Want to get Better at Trading? Focus on What’s in Your Control
Just like traders – and humans in general – crave certainty in the the markets, they also love to be in control (or think they are in control) of the…
NZDUSD: Week of 21 April 2025
See daily chart of NZDUSD below for the discussion that follows. (more…)
USDCAD: Week of 14 April 2025
See daily chart of USDCAD below for the discussion that follows. (more…)
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…
EURAUD: Week of 7 April 2025
See daily chart of EURAUD below for the discussion that follows. (more…)
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…