History of Harmonic Patterns

Harmonic Patterns

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, its 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, … Read more

An Introduction to Harmonic Trading

What is Harmonic Trading? Sometime ago, I saw couple of videos where this trader draws these strange looking triangles on a chart and he even went on to name these patterns with names of different animals including the butterfly, which in fact resembled the wings of a butterfly. Obviously, I was curious to say the least. … Read more

5 Myths About Forex Scalping

  Forex scalping and Day Trading Forex scalping is the most controversial style of trading in the forex world. Mainly because forex scalping bears more similarities to gambling and addictive in nature. Hopefully, this post will clarify some of the misconceptions surrounding forex scalping. One might think that I’m promoting low R:R, highly risky short term amateur style trading. … Read more

Risk Management in Forex Scalping

Let’s face it. Everybody starts forex trading with some form of a scalping strategy. Even if strategy doesn’t exist, scalping does, at least at the beginning. So there is plenty of RISK involved in, given the fact that 95% of all retail traders lose money in trading. While a massive chunk of retail traders are scalpers, statistically scalping rides along … Read more

Importance of Order Flow in Forex Scalping

Order flow is not a familiar term to forex traders, yet its very important to understand the dynamics of it. There are two types of order flow when it comes to shorter timeframe charts used in forex scalping. Short term order-flow and long term order-flow. The method I often use to distinguish which order-flow has the … Read more