Its time you stopped searching. Seriously, are you still not confident enough to place the next trade, according to your current strategy in place? Ok.. you’ve had a couple of losses. So what? couple of losses or even a streak of losses is not a good enough reason to dump your strategy. Furthermore strategy is not the […]
Still searching for the best forex strategy? Read More »
Meta Trader 4 is no doubt the most popular trading platform which is supported by more than 90% of the forex brokers. But MT4 too has its drawbacks. Lack of features for manual backtesting is one of them. Since back testing of strategies is as important as forward testing, we traders have two options. Make do with what
Meta Trader 4 Manual Back Testing Methods Read More »
In order to learn how NOT to lose money trading forex, one must understand why so many traders lose money in the first place. It’s like troubleshooting a software issue in your laptop. Imagine if there was something wrong with your laptop that needs immediate attention and you just did not know the problem even existed,
3 Worst Problems faced by Amateur Forex Traders Read More »
Have you ever thought of getting a precise entry  for a trade on 1 Minute chart in order to get the best possible price, even when the trade entry signals may be from any of the higher timeframes? Ever wondered of getting the very top or the bottom of a Monthly reversal point? While it
How to Zoom in on Price from Monthly to 1 Minute – Ultra Precision Read More »
Candlestick charts are the most popular format for technical analysis. Japanese candlesticks visually display the OHLC prices and the net price movement for the candle. But there’s a problem, a big one too! The last painted candlestick does NOT reflect the current direction of the price. There is a great misconception that a candle paints
Japanese Candlestick Anatomy: the hidden secrets Read More »
ABCD or AB=CD is the most basic of all harmonic patterns. Harmonic patterns are defined by fibonacci retracement and extension ratios. Yes, in order to understand harmonics, its imperative that you have a deep understanding of fib ratios. If you are totally new to harmonic trading or trading in general for that matter please read
ABCD or AB=CD Advanced Harmonic Pattern Read More »
Interesting thought. 99% of traders would say that price is the most important factor in trading. What if I say that direction and movement of the price is more important regardless of the current, starting or end price of the wave. Let’s put this thought into perspective. Tourism is a small portion of the reason
Supply, Demand, Price and Speculation Read More »
You may deny it, but in reality we all have’em – ‘Bad Habits,’ specially when it comes to trading forex. I have outlined below some of the main  bad-habits that I had to overcome personally, in order to improve my trading. 1. Guess Work This is the mother of them all. Its important to note
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This is a short post about the history of harmonic trading and patterns. Why do these patterns appear and why are they so popular? Well, it’s a question like why do the pyramids exist and why would someone build such massive structures, and who did build them in the first place? In the same context,
History of Harmonic Patterns Read More »
