Breakout trading is one of the oldest trading styles in the book. You watch the price consolidate within a range… then, when the price breaks out of that range you pounce, and enjoy all the benefits of that move. And, often when the price has been stuck, it’ll move...
Last night, I was trying to explain to my eight-year-old son that there are better ways to swot-up for a spelling test than just staring at the page and sighing a lot. When I suggested that he wrote out the words he had to learn a few times, he just rolled his eyes –...
Apparently high-risk trading stimulates the brain just as effectively as cocaine. But it’s a lot more expensive. While I would never hand over my trading account to a robot, I also try not to let my own brain have free-reign on my trading. It’s just not that...
It’s not often that our charts look like the ones in text books So, when we get a lovely neat bounce, bounce, bounce like this, it’s impossible to resist… This is the hourly chart on GBPJPY, and it’s been bouncing very neatly in a downward range since Thursday last...
Continuing the theme of learning from experienced traders, I have the pleasure of introducing Frank Hassler. Frank is a private German trader who has gone from dot-com loser to successful system designer and systematic trader. Trader Q&A: Frank Hassler Frank...
Take Advantage of a 2:1 Risk Reward With an Elliott Wave Approach to the FTSE Mark Austin is an independent trader who is living the dream of trading for a living from sunny Thailand. Mark provides a number of services from systems to seminars. Over the last few...
As I write this, we are in the middle of “Le credit crunch”. Volatility has returned to financial markets as Europe comes apart at the seams. During times like these, you’ll hear many trading gurus utter phrases such as “keep tight stops”, yet as I aim to demonstrate...
A reader recently asked me if I could recommend a forex trading course and with a couple coming to mind, an expanded review is worth sharing. Why Live Training Could Give You The Forex Edge Interestingly, both training services shun scalping to make trades based...
When is a Forex Strategy Not a Forex Strategy? Snapback FX is a trading system making some noise at the moment by promising a simple signal that anyone could profit from. The package arrives as a well-presented trading manual with some bold promises on the front...
At heart I am a counter-trend trader. Going with the crowd doesn’t come naturally to me whether it’s the phone I use, the choice of holidays taken or buying when everyone is selling. However, you can’t always be a counter-trend trader and as the recent sell-off...
Seattle based Jeff Pietsch is best known for his statistical goldmine, www.etfrewind.com and his popular blog www.etfprophet.com. Jeff’s main service, ETFRewind is primarily aimed at end-of-day traders and those looking to trade longer term relative strength models....
Gaps are an ever-popular feature of the trading landscape as they have their own unique trading characteristics that technical indicators do not capture. How to define and trade market gaps There are a number of ways to define a gap, but arguably, the simplest and...
Now, I must stress this article isn’t intended as investment advice, far from it. It’s merely to highlight how you could trade in commodities if you wanted to gain exposure to that sector: in order to hedge your long-term investments or to trade short-term moves. What...
Trading on Forex Market Trends Systems based around short-term pull-backs have been very successful over the last few years as stock markets flip between short-term overbought and short-term oversold on a regular basis. One extremely successful strategy has been to...
As anyone who’s winced at the rising cost of filling up their tank will know, commodity prices have running hot recently. May brought some relief with Oil dropping back below $100 and precious metals losing some of their shine. While gold has been hitting the...
I hope you had a relaxing bank holiday weekend and managed to catch some of the sunshine on offer. I thought I’d do a quick summary of some of the trading systems and strategies I’m looking at reviewing. If you have any feedback on these or other systems...
Does cluttering our charts with a plethora of technical indicators really make us profitable traders, when one simple fact remains: Every single technical indicator EVER developed is based on a maximum of 5 data points – Open Price, High Price, Low Price, Close Price...
A common trading adage is to “follow the smart money” and generally do the opposite of what the dumb money is doing. This sounds great in theory but how do you identify just what the smart/ dumb money is up to? There are various ways of doing this depending on the...
In today’s article, regular contributor Daniel Fernandez of recommended auto trading website http://asirikuy.com exclusively shares his new trading indicator, the Absolute Power Indicator. Over to Daniel… The Absolute Power Indicator Indicators are wonderful...
If there were a pecking order for the importance of world stock markets, right at the top would be the US S&P 500, or Spoos as it is affectionately known. Why you should be trading the Spoos While its older brother the Dow Jones will always be quoted first on the...
There was a program on last night about people who’d been on one of those expensive property training courses and were now facing massive losses. Some people paid £140,000 for flats they’d never seen, because they trusted the valuation of the property...
Hope the life and the markets are treating you well. The Market Maven ‘To review’ pile is growing all the time, but please do keep the emails coming. Let me know what you’re looking at and how you’re getting on. It’s always good to get a feel for...
I hope you’re enjoying the sunshine. I must admit staring out of the window at blue skies does make it hard to concentrate on your trading. Even in London, people seem to have relaxed a bit more. I swear I even saw someone smile on the tube the other day....
I hope you had a great bank holiday and managed to catch some of the elusive sunshine. It was a warm one in the artificial heat bubble that is London and I enjoyed some much needed off time in the park with some friends and a frisbee. My trading affliction got the...
