Online trading tips for Forex, Futures, Options. Learn how to improve your trading business.
Trading chart patterns has been a swing and day trading approach for decades of chart pattern traders. Edwards and Magee helped bring this form of chart analysis into the public eye and it’s been a popular approach ever since. Finding a chart pattern can be done through scanners or manually but… Read more
When traders decide to start day trading for a living, there are a few choices that are faced including: How much money they need to start day trading The markets they will day trade What trading strategy they will use The most important choice when people decide to make trading… Read more
The Stochastic Oscillator is a momentum indicator that is designed to give you an objective measure of the momentum in your trading instrument. It’s bounded by the numbers 0 and 100 and will oscillate between those two areas. One area you want to be clear on is that because the… Read more
Designing a trading strategy is tough work and that is if we include only technical factors as opposed to adding in fundamentals and seasonal cycles. There are many variables to keep in mind when undertaking the design of your own strategy: Which indicators will you use? What price points will… Read more
You need for find your form in your trading business and it is not always an easy thing to do. Having a rhythm to your approach, feeling like you are in “the flow”, can be one of the most useful things for a trader to learn how to do. It’s… Read more
Every market that you trade will constantly shift from balance to imbalance, consolidation ranges to directional movement looking for higher or lower price points. The most relevant and new information we have about the possible acceptance of price is by comparing the open and the market’s reaction to yesterday’s price… Read more
Everybody wants to win and be right. The desire to win is so strong with many people that they will ignore conflicting information so they “can’t” be wrong – meaning they win. In trading, a win equals an increase in your trading account and a string of losing trades can… Read more
The Parabolic Sar (stop and reverse indicator) by J. Welles Wilder, is a trading indicator used in markets with a strong trend to determine buy and sell signals for your chosen trading instrument. The “stop and reverse” feature indicates that the Parabolic Sar is an indicator that was designed to… Read more
The Keltner Channel is a volatility based trading indicator that uses two bands and the average true range to set the channel distance below and above an exponential moving average, generally 20 period EMA. You use the Keltner Channel to determine when a market has stretched too far from the moving average –… Read more
We live in times where downsizing and job losses happen on a daily basis. Losing a job can be very traumatic especially if you are in your middle years as opportunities seem to go to the younger crowd. I’ve read many articles where people in their 40’s and early 50’s… Read more
I’ve lost count the amount of times “having a trading plan” has either been written about in this trading tips blog, or mentioned in a trading article. The reason you are inundated with “have a trading plan” by us is because it is something that if you don’t trade with,… Read more
Trading with the trend is a viable part of any trading strategy but keep in mind that the trend will end. As a trader, it does not hurt to have a few “tricks” up your sleeve to be able to tackle different market environments. Counter trend trading is something you… Read more
Fibonacci levels are just a tool and like any tool and any type of trading system, the usefulness depends on the user and the rules they follow in their application. You have probably heard that the main knock of Fibonacci levels is: “place a bunch of Fibonacci retracements and extensions on… Read more
The auction in any market is straightforward: There are two types of market participant- buyers and sellers The degree to which these buyers and sellers are motivated by current price or market behavior Yes, there are lots of nuances to complicate things but the fundamentally important factors are straight forward…. Read more
Whenever you take a trade, you should be looking to profit from certain market behavior: a reaction to a level market momentum break out trailing your stop looking for bigger gains. Prices set the limits of our risk and potential profits, but at what point does the market behavior no… Read more
Markets and the traders that trade in each market, are constantly in a state of change. No two trades are ever exactly the same and that’s even if we’re looking at the same instrument on the same day in the same market phase. But markets evolve over time as they … Read more
One of the biggest problems a trader faces is bridging the gap between trade planning and execution. How many times do we hear a trader asked if they did what they said they were going to do? How many times is the answer “No”? Getting from a strategy looking good… Read more
Every trader needs an exit strategy thought out before they actually enter on their trading setups. For day trades, even an “exit before market close”, while basic, still has you with a plan for ending the trade. Without a trading exit being part of your overall trading strategy, you are… Read more
You are going to lose in trading but the trouble is, many traders make the mistake of attempting to avoid losing trades at all cost. Negative trade outcomes are a big part the trading business and for day traders, the fear of loss can paralyze them but they must accept… Read more
Learning a trading strategy from a dancer may sound crazy but if it is the Darvas Box trading strategy made famous by Nicolas Darvas , it would not be so crazy after all. It is reported that Darvas , using his box method while travelling the world dancing, turned $36000… Read more
Are You Ready For When Your Trading Strategy Begins To Fail?
Markets and the traders that trade in each market, are constantly in a state of change. No two trades are ever exactly the same and that’s even if we’re looking at the same instrument on the same day in the same market phase. But markets evolve over time as they … Read more
3 Things That Losing Day Trades Can Tell You – Are You Paying Attention?
You are going to lose in trading but the trouble is, many traders make the mistake of attempting to avoid losing trades at all cost. Negative trade outcomes are a big part the trading business and for day traders, the fear of loss can paralyze them but they must accept… Read more
Here Is How to Stop over Trading and Become a Winner
Day trading has the potential to keep you glued to the screen the entire day as you punch in and out of trades. It can actually be addicting as you watch the increase in your trading account – perhaps not so addicting when the losses come. But even with the… Read more
Should You Scale And Trail Your Trading Profits?
Trade setups and entries are one of the most searched for topics when it comes to trading. What gets missed is the exit strategy you will use to exit your trade for profit or at your stop loss. I have a question for you: “How many times have you been in… Read more
Complete MACD Indicator Settings and Trading Strategy Guide
One of the first indicators I ever experimented with was one developed by Gerald Appel in the late 1970s called the MACD indicator, otherwise defined as the moving average convergence divergence indicator. The MACD histogram was added in 1986. Right from the start I used it as a technical analysis tool,… Read more
13 Forex Trading Tips Every New and Experienced Trader Must Know
Some of the best Forex trading tips that can lead to trading success are usually the simple ones. Given that Forex market is popular for both experienced and beginning traders, you know there are quite a few tips available for all traders With low initial deposits depending on your account… Read more
Lack Of Confidence Will Kill Your Trading Dreams
The success rate in terms of successful traders, by all accounts, is pretty poor. This has the potential to rip the confidence of anybody thinking of making trading an income producing activity. Trading is a performance sport and just like any performance endeavor, without confidence with what you are doing, you… Read more
90 Second Crude Oil Trade Win
Another Crude Oil Inventory Report trade and our trading system, Counter Punch Trader, banked us (and our trading room members) a first trade winner with overall exposure time in the market of less than two minutes. This is what successfully trading for living is about – repeating the same actions over and over again… Read more
Crude Oil Inventory Report Trade Recap
This crude oil trading session for Feb 28 2018 had some excellent learning points in it and it would have been easy to get tripped up if you were approaching your trading without a concrete approach to the markets. All of our Inner Circle members and those who attend our live trading… Read more
3 Principles Of Mindfulness Trading
In a post entitled Take A Break From Your Trading Screen, I touched on the benefits of shutting off your focus and letting her brain take a break. For traders, where the need of intense focus is immense, being able to step back mentally is vital. Up until the last several… Read more
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