The following is some great reader Q&A regarding a quite difficult part of the trade management process: Question: I have been trading for a long long time and always have had one obstacle I can’t seem to overcome. I feel I can pick the Perfect or Near Perfect Trade setups. I feel I can allow…
One of the key topics that I’ve covered from time to time through my newsletter is that of profiting from the mistakes of other traders. It’s hoped that the small amount of repetition will help turn on some light-bulbs for the newer traders, and at the very least act as a nice refresher for those…
Hey Candlestick Traders, Now that we’ve completed the whole Candlestick Video series, I thought it might help if they were all on one page. It saves you jumping from page to page after every video. Enjoy … Candlestick Patterns – Candlestick Design Candlestick Patterns – Candlestick Sentiment
A couple of years ago I produced a short video titled, “How I Trade Breakouts” (edit: no longer online… but not necessary for this article). In that video I discussed the fact that I don’t like to trade breakouts. My preference is to trade the first pullback following the breakout. That’s self-explanatory. As an alternative…
Hey Traders, Now that we’ve completed the whole Price Bar Reversal Patterns Video series, I thought it might help if they were all on one page. It saves you jumping from page to page after every video. Enjoy … Price Bar Reversal Patterns – Intro Price Bar Reversal Patterns – The Bearish Rejection Pattern…
The following chart sequence shows a great example of how I define a change of trend. The chart is a 1-minute chart of the 6B. The market and timeframe are irrelevant though. The concept applies to all markets and whichever timeframe you’re using to define the trend. I just happen to currently use the 1-minute…
