Trading Process and Strategy

Fast Trend Shallow Pullback

Expectations should change with a change in environment. In a slow, wide-swinging trend, your better off waiting for a deep pullback. Don't be too quick to enter. But in a fast trend, if you hesitate you may just miss the entry. Here's two fast-trend shallow pullback entry examples. There's no waiting for a 38.2% retracement…

Trading Process and Strategy

Defining the Market Environment

Have you considered how you should classify the market environment? If not, it's well worth doing so. The nature of the current market environment will determine the game plan that you bring to your trading session. There are numerous ways to classify it. Trending vs Ranging!  Accumulation, Mark-Up, Distribution, Mark-Down! Trending Volatile, Trending Non-Volatile, Ranging…

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…