We’re lucky enough to be joined by Terry today, who has kindly agreed to answer some questions about his trading journey. Terry is coming to us from the UK, England and has been involved in trading for eight years, with three of those years trading live money. So, without further ado, let’s dive in and … Continue reading Interview with a Successful Trader
Many of the best traders began their careers on a frustrating note, experiencing the same difficulties most of us go through. Trading is a process that can take years to master. Much of the learning consists of governing one’s psychological state and deciphering between high and low-probability situations. Any trader worth their salt will tell … Continue reading Trading Confluence: a High-Probability Approach
Updated June 2020 According to the Triennial Central Bank Survey[1], trading in FX markets reached $6.6 trillion per day in April 2019, up from $5.1 trillion three years earlier. The US dollar retained its dominant currency status, being on one side of 88% of all trades. The share of trades with the euro on one … Continue reading The EUR/USD
Updated February 2020. Markets ebb and flow; they advance, decline and consolidate. Traders construct a framework around market fluctuations using support and resistance, the underpinning of technical analysis. Determining support and resistance, however, is trader dependent, often leaving newer traders overwhelmed. Perhaps the most prevalent method of identifying support and resistance is from traditional swing … Continue reading How to Use Yearly, Monthly and Weekly Opening Points
Updated February 2020 Do you remember the first time you encountered the financial markets? Unless you have an interest in economics, it’s likely you were drawn to technical analysis (T.A). Colourful indicators, pin-point accurate support/resistance, long-term trend lines and reports of technical traders trading for a living, is usually sufficient to lure most new traders … Continue reading Including Fundamental Analysis In Your Trading
