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, …

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. …

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 …