As a trader it is very important for you to enter the trade in the right direction. For example, you should be pretty sure the market is going to go up before you enter into a buy trade. If you enter a buy trade and market goes down, trade will end up hitting stop loss.… Continue reading How To Use A Support Vector Machine (SVM) In Daily Trading?
Category: Forex
What Is The Gartley Pattern And Why You Must Master Trading It?
In this post we are going to discuss in depth what is a Gartley Pattern. Gartley pattern is often used by the professional traders to find the turning points in the market aka the tops and bottoms. You must master trading this Gartley Pattern. In the last post I discussed what are harmonic price patterns… Continue reading What Is The Gartley Pattern And Why You Must Master Trading It?
What Are Harmonic Price Patterns And How To Trade Them?
In this post we are going to discuss in depth what are Harmonic Price Patterns and how to trade them. Price action is everything in trading. There are a number of chart patterns that have been proven to work over and over again over the last many years. Price is just the sum total of… Continue reading What Are Harmonic Price Patterns And How To Trade Them?
One Candlestick Pattern That Changed Everything For Me Video
There are dozens of candlestick patterns that are considered to be important trend reversal and trend continuation signals. But do you really need to master all these candlestick patterns? Not really. Watch this video below that makes candlesticks very simple for you. You just need to understand how to interpret candlesticks on different time frames… Continue reading One Candlestick Pattern That Changed Everything For Me Video
An Introduction To R For Currency Traders
R is a powerful statistical software that is unlike other expensive statistical software available freely online. If you have taken a course in time series analysis then you should be above to use R and predict the next 5-10 candles. This can help you in double checking your technical analysis. First watch this video that… Continue reading An Introduction To R For Currency Traders
How To Trade With Bill Williams Awesome Oscillator (AO)?
Awesome Oscillator has been created by Bill Williams. You might get the impression that this indicator uses some complicated mathematical algorithm developed by some Harvard maths whiz kid. Infact this is a very simple indicator that uses 2 simple moving averages in an ingenious manner. Awesome Oscillator AO has many similarities with MACD but it… Continue reading How To Trade With Bill Williams Awesome Oscillator (AO)?
Elliott Wave DNA Fib Cash Compass System FREE Download
Nicola Delic is a master trader. Nicola Delic is also an expert on Elliott Wave Forecasting. He is giving his Fib Cash Compass System 100% FREE in the next few days as part of his Elliott Wave DNA System launch. You should download the Elliott Wave DNA Fib Cash System PDF plus the installer that… Continue reading Elliott Wave DNA Fib Cash Compass System FREE Download
Interview With Jarratt Davis #2 Ranked Forex Trader In The World By Barclays
Becoming a successful forex trader is not an easy task. It needs a lot of determination and patience plus of course good luck. But keep this mind, good luck always favors hard work. This is precisely the story of Jarrat Davis who started his career as a window washer and now he has been ranked… Continue reading Interview With Jarratt Davis #2 Ranked Forex Trader In The World By Barclays
EURUSD Falls More Than 200 Pips Over The Weekend
EURUSD was making a nice W pattern on H4 chart on Friday when the last time I had checked the charts. This was the time when last minute efforts were being made to avert a Greek default. But things didn’t work out. Over the weekend the Greek government instituted tight capital controls indicating a default.… Continue reading EURUSD Falls More Than 200 Pips Over The Weekend
EURUSD Falls 450 Pips This Week When ECB Announces Going Heavy On QE
EURUSD fell more than 450 pips this week when ECB announced that it will be going heavy on QE starting this week. On Monday, a clear bearish divergence signal was appearing on H4 chart. Take a look at the following screenshot. You can clearly see a strong bearish divergence pattern appearing in the above screenshot.… Continue reading EURUSD Falls 450 Pips This Week When ECB Announces Going Heavy On QE