In today's lesson we are going to talk about one of the most basic anti martingale strategies, which is discussed in Dr. Van K. Tharp's book Trade Your Way to Financial Freedom, the Percent Risk Model...
Trade Your Way to Financial Freedom by Van Tharp The bestselling holy grail of trading information-now brought completely up to date to give traders an edge in the marketplace “Sound trading advice and lots of ideas you can use to develop your own trading methodology...
US DOLLAR TECHNICAL ANALYSIS Buyers are back on the offensive, with prices pushing to a new five-year high. A daily close above the 23.6% Fibonacci expansion at 11391 exposes the 38.2% level at 11457...
Traders coming to the forex market, think that the accumulation of profits can be automated. Some people buy ready-automated systems, others develop their own avtosistemu trade...
There's not much movement going on with the EURUSD right now, but, if anything, we are looking to go short. Once again it reverses from the support turned resistance zone and also somewhat of a movement along the trend line...
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. Prior Trend: In order to qualify as a reversal pattern, there must be a prior trend to reverse...
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. However, this bullish bias cannot be realized until a resistance breakout. Prior Trend: To qualify as a reversal pattern, there must be a prior trend to reverse...
The last month of the year will be full of data points: a critical ECB decision where QE is on the cards, and a full build-up to the Non-Farm Payrolls report. An Aussie rate decision on Tuesday followed by Aussie GDP on Wednesday will see if that 0...
• Noah Smith: An Unbeatable Investment for Millennials (Bloomberg View) • Vanguard Takes a Victory Lap: 86% of its Stock Funds Beat the Peer Group (Reformed Broker) see also As Indexes Soar, Active Stock Pickers Can’t Get Off the Ground (MoneyBeat) • When G.M...
Canada’s 3Q Gross Domestic Product (GDP) report may generate a near-term bounce in USD/CAD as the growth rate is expected to increase an annualized 2.1% following the 3.1% expansion during the three-months through June...
A double top is a reversal chart pattern which is defined by a chart where a financial instrument makes a run up to a particular level, then drops back from that level, then makes a second run at that level, and then finally drops back off again...
U.S. Durable Goods Orders to Contract for Third Straight Month. Non-Defense Capital Goods Orders ex Aircrafts to Expand for Fifth Time in 2014. Another 0.6% contract in orders for U.S...
We should now have a good understanding of how to spot trends in the forex market, stock market, and futures market. Now lets tie everything together we have learned thus far with the final concept of this series, Multi Time frame analysis...
I made my first forex trade last night, so how am I supposed to know if I made a profit or took a loss the following is a copy of my trade https://www.mql5.com/en/charts/2679311/usdjpypro-h1-forex-com-bought-1-fib-usd-jpn-yen-yesderday-at-17 then it hit a high of 118...
The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires by Michael W. Covel What happens when ordinary people are taught a system to make extraordinary money? Richard Dennis made a fortune on Wall Street by investing according to a few simple rules...
Do you suffer from Forex “Holy Grail” syndrome? If you do there is no need to panic but early diagnosis is critical! This is a very common disorder that effects statistically about 90% -95% of new Forex traders, but is very treatable with the proper education and trade style changes...
The trading strategies of legends Jesse Livermore, Bernard Baruch, Gerald Loeb, and more provide ways to triumph in the market Today's bookshelves are so laden with Johnny-come-lately experts, eager to sell their knowledge to any and all, that it's sometimes hard for traders to know which way to...