Re-entry trading is a high-probability trading concept in my trading course. It is a simple but powerful concept that works in all markets. In this article, you will learn how to use it to improve the odds of your price pattern setups. Specifically, we will focus on examples from the currency (forex) futures markets. Currency […]
CCI Indicator For Day Trading Forex
Donald Lambert introduced the Commodity Channel Index (CCI) in the Stocks & Commodities magazine back in 1980. Now, you can find the CCI as a standard indicator in most charting packages. Clearly, it has stood up to the test of time. In this article, we’ll use Lambert’s original article on the Commodity Channel Index as a starting […]
Trading The Pinocchio Bar (Pin Bar) With Four Detailed Price Action Examples
The Pinocchio Bar or Pin Bar is a popular price pattern among traders who use technical analysis. The Pin Bar is easy to spot, and you can trade it effectively within the market’s support and resistance structure. The dynamics underlying this simple price pattern is intriguing. In Martin Pring’s Technical Analysis Explained, he calls the […]
7 Forex Trading Books To Get You Started
Want to start forex trading? Looking for a solid forex trading book to kickstart your education? You’re not alone. Many retail traders start their trading career in the forex markets. This is because of the low barriers to entry such as low initial deposit and small position sizes. But choosing to trade forex just because it […]
9 Technical Analysis Lessons You Can Learn From Academics Backed By Statistics
Academics do not talk much about technical analysis. They either remain silent on the subject or mainly claim that it’s voodoo. A college student will learn fundamental analysis over a few modules. But technical analysis is just embedded in the footnotes. Yet, all market traders know what is technical analysis, whether they use it or not. […]
Seven Free Forex Trading Tools You Should Be Using
Forex trading takes place in a competitive arena. Every trader is looking for awesome forex trading tools to help them. Even better if they are free. The good news is that there are dozens of free forex trading tools. The bad news is that most free forex trading tools are unreliable and confusing. In this bundle, you […]
