Trading Tips & Tutorials For Online Traders

Last updated on February 26th, 2020

Online trading tips for Forex, Futures, Options. Learn how to improve your trading business.

Aug19 Share

4 Best Trend Indicators

Last updated on September 1st, 2020 What trend indicator should you use to show the trend direction if you want to trade with the flow of price? The first question you should ask is “what time frame are you talking about?” With that question, you are realizing that the direction… Read more

Aug17 Share

Head And Shoulders Chart Pattern

Last updated on November 12th, 2020 Trading the head and shoulders chart pattern in the common way is to treat it as a reversal pattern. It is probably ranked as close in popularity as the various triangle price patterns that can be found on a chart. Let’s cover the standard… Read more

Aug14 Share

Support and Resistance Trading Guide

What are support and resistance levels? “Support is a level or area on the chart under the market where buying interest is sufficiently strong to overcome selling pressure. As a result, a decline is halted and prices turn back again. . . . Resistance is the opposite of support” (Murphy… Read more

Aug11 Share

Breakouts Fail

Markets move from a trending environment to a consolidated environment repeatedly which makes taking advantage of simple price patterns a smart play. This is why breakouts from trading ranges and resolutions of pullbacks work in trading. I talked about trading pullbacks in other post where I covered: What sets up… Read more

Jul29 Share

London Breakout Strategy

Last updated on February 8th, 2021 The London Breakout Strategy takes advantage of the trading range that sets up generally during the Asia session in Forex. Also known as the London Daybreak Strategy, it’s a day trading strategy that looks to be active during the first three hours of the… Read more

Jul21 Share

When is it time to close an Options trade?

Last updated on February 2nd, 2021 Knowing when to close out of a trade can be challenging when the markets are constantly moving back and forth. Holding on to a trade too long or not long enough can lead to inconsistent returns. When buying long call or long put options… Read more

Jul19 Share

When to Sell Your Call Options & When to Hold On

Knowing when to close out of a trade is one of the most difficult questions traders have to wrestle with on a weekly basis. With options contracts, it is no different, and the decision to write, hold, sell or exercise can be confusing – especially because options contracts are impacted… Read more

Jul09 Share

Will This Breakout Succeed?

Is there any way to predict that the potential of a breakout can lead to a successful trading position? While nothing is guaranteed, can we see certain things in price that points to a higher probability that trading the breakout can lead to profit? Yes. All it takes is for… Read more

Jul08 Share

Can You Execute Your Plan?

You plan your trades using a strategy that has an edge but you fail to execute on the hard right edge of the chart. Getting from a strategy looking good on paper to real-world trading performance is what it’s really all about.  Paper profits in your back test mean nothing… Read more

Jul01 Share

How To Use Tick Charts

Tick charts are different than time based charts in that your tick chart, will only plot when N amount of transactions have taken place. For example, a hour candlestick will plot a new candlestick every 60 minutes regardless of the amount of transaction that have occurred. A tick chart, using… Read more

Jun30 Share

Shooting Star Candlestick Pattern Trading Guide

What As A Shooting Star Candlestick Pattern? The shooting star candlestick is a bearish reversal one candle pattern that is relevant during an up direction in price. You can find this pattern on every time frame (easier to see on a candlestick chart and not a bar chart) and the… Read more

Jun25 Share

Chaikin Money Flow

Last updated on February 8th, 2021 Marc Chaikin believed that price will follow volume and he designed the Chaikin Money Flow (CMF) based on that premise.  It is a volume weighted average of accumulation and distribution of price over a fixed period of time, usually 21 periods. The Chaikin Money… Read more

Jun20 Share

Learn To Use Chandelier Exits

Last updated on June 23rd, 2020 Using the Chandelier Exit as a trailing stop in trading includes using volatility that is based on the Average True Range Indicator. The name “Chandelier” is no mistake as the indicator calculation “hangs” from the highs (or lows) of current price. Since the Chandelier… Read more

Jun17 Share

Trading Hammer Candlesticks

The presence of a Hammer candlestick pattern does not mean you should jump into a trade. Some traders will use the term “pin bar” but what we are talking about is still the Hammer candlestick. What matters, is context and we are going to discuss that after we learn what… Read more

Jun12 Share

Trading Gaps In Any Market

The most common definition of a gap is having a price difference between the closing price on one day, and the opening of the next day. The key is the market has to have a time when the market physically opens and when markets close, as in the stock and… Read more

Jun09 Share

Option Premium 101

An options premium refers to the current price of the option that would need to be paid by the buyer to the seller. When looking at the prices quoted in your broker platform, you will notice they are quoted per share. Each contract however represents 100 shares of stock. For… Read more

Jun06 Share

Trading With The Trend Guide

Last updated on August 31st, 2020 Trading with the trend is a simple concept where you only take trades in the direction of the price trend direction on your time frame. If the trend goes up, you would only consider long trades.  A market direction that is trending down, you’d… Read more

Jun02 Share

Klinger Volume Oscillator

Last updated on June 25th, 2020 The Klinger Volume Oscillator [KVO] is a trading indicator that uses both price and volume to highlight potential longer term trend turning points in the markets. You should know that many people are referring to this oscillator as a leading indicator. It is not…. Read more

May28 Share

Trading The Hull Moving Average Indicator

Last updated on May 29th, 2020 Moving averages come in different types and they lag price.  The simple moving average weighs each price point equally so it lags the most. Different twists such as the EMA and WMA evolved which emphasized price differently. The Hull Moving Average indicator was developed… Read more

May25 Share

Anti Pattern Reversal Trading Strategy

Last updated on August 31st, 2020 Some of the best chart patterns to trade, such as bull flags, are simple and that includes the “anti” pattern by Linda Raschke. The anti pattern takes into account both a pullback and a momentum move that setups up the pullback. As described in… Read more