You want to trade from home, because it is a simple way to make money. You do not want to run a business, because it is complicated. The bad news is that successful traders conduct their trading activities like a business. This is because businesses make money, and hobbies don’t. To make money, having a business […]
Archives for January 2015
Swing Trading with the Outside Bar Failure
The market falls and trades below the last trading session. The bears cheer, and the bulls lament. In the next few seconds, the market rises before their unbelieving eyes to close above the last trading session. Now, the bears are confused, and the bulls are cocksure. What just happened will show up in a daily price […]
Swing Trading with Stochastic Oscillator and Candlestick Patterns
New traders make the mistake of treating candlestick patterns as simple trading signals. They do not realize that most candlestick patterns are defined using the last two to three price bars and ignore the price action context. Hence, it is crucial to combine candlestick patterns with other methods of analysis. In this swing trading strategy, we […]
