Trading Process and Strategy

My Favorite Indicator

Here’s a recent question I received… “If you had to use one indicator, and one only, which would it be?” Simple… no thought required… Keltner Channels. Parameters set to (10,1.5) as my default, varying to (10,2) or (10,2.5) if necessary to ensure a nice snug fit around the price. You’ll find some basic info here: http://en.wikipedia.org/wiki/Keltner_channel,…

Trader

My Biphasic Sleep Experiment

Life… the stuff that gets in the way of your trading! I know that everyone has difficulty at times fitting their trading in and around the rest of their life. Especially if you’re still working a full-time job and raising kids at the same time. But seriously, I can’t imagine a much worse time-zone for…

Trading Process and Strategy

Avoid These Trading Days

Most forex traders know that when the markets are open during holidays the volume gets a little quiet. But how quiet? Without volume figures it’s not really possible to tell, is it? To get an answer, why don’t we have a look at the fx currency futures, which do have volume and will give an…

Trading Process and Strategy

Tick or Range Charts vs Time Based Charts – Example 2

While my analysis is usually conducted on time based charts, last week’s article discussed the one period of time when I always refer to tick or range based charts (usually monitoring both). If you missed it, you can read it here: https://yourtradingcoach.com/trading-process-and-strategy/tick-or-range-charts-vs-time-based-charts/ I’ve had a couple of requests for another example, with one request also…