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Trading is like the tv series The A-Team, you can't do zip without a plan. It doesn't matter what level of experience you have you should always have idea of where you will get in and where you'll get out...
Trading Ideas
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Francis Dogbe, 17 March 2016, 08:12 #Trading
The reward to risk ratio (RRR, or reward:risk ratio) is a very controversially discussed trading topic and while some traders claim that the reward:risk ratio is totally useless, others believe it is the Holy Grail in trading...
Trading Ideas
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Francis Dogbe, 16 March 2016, 17:30 #Trading
Buying the Swiss franc may be the best hedge against the United Kingdom voting to quit the European Union (EU), according to HSBC — but not everybody agrees. The British bank said the Swiss currency would likely rally strongly on a "Brexit," but would not weaken if the U.K...
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Francis Dogbe, 15 March 2016, 14:56
Take profit placement and trade exits usually rank very low on a trader’s priorities list; typically way behind finding better entry signals or effectively setting stops...
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Francis Dogbe, 14 March 2016, 20:12 #Trading
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, GBP/USD, and USD/CHF. EUR/USD: went up 400 pips from the lows Thursday, likely on positioning...
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Francis Dogbe, 12 March 2016, 22:56 #Trading, forex
Talking Points: AUDUSD Technical Strategy: Temporary Bearish Elliottwave Count: Primary count suggest wave Y in medium cycle while on alternate count suggest trend changed and we are in third wave We are tracking this count from a while and initiated short @ 7250 which was stopped out and closed...
Wave Count
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hoagtrading, 7 March 2016, 17:56 #forex
To make it short and painful: there is no perfect trading strategy and how well you can deal with losses will determine your future success as a trader – more than your actual trading strategy will...
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Francis Dogbe, 6 March 2016, 19:18
Talking Points: AUDUSD Technical Strategy: Bearish Elliottwave Count: Correction possible completed on 7250 high and reversal is in progress Analysis: We were expected correction over last month when price touched 7200 area, and shorted this pair...
Wave Count
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hoagtrading, 1 March 2016, 06:10 #RBA, technical analysis
FTSE 100 Maintains A Bearish Bias Talking Points The FTSE 100 is bearish below the February 23 high of 6036 and traders will most likely see a corrective move as an opportunity to short-sell. This week’s soft PMIs (Services and Manufacturing) should keep the FTSE 100 soft...
Wave Count
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Mohammed Abdulwadud Soubra, 25 February 2016, 14:43
The best traders are very efficient at what they do while most amateur traders do not follow a set trading routine and have an inconsistent approach...
Trading Ideas
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Francis Dogbe, 21 February 2016, 16:57 #Trading
Narrow range but more bearish technically The USDJPY has tested the 200 hour MA three times over the last few days in what has been a down to sideways market. Yesterday and again today, the price peaked above the MA line, only to rotate back down...
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Francis Dogbe, 18 February 2016, 22:31
Talking Points: AUDNZD Technical Strategy: Bearish Elliottwave Count: Primary count suggest wave 2 in minor cycle while on alternate count suggest it's triangle in wave X We are tracking this pair from high 1.0950 and still suggesting it's down trend...
Wave Count
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hoagtrading, 17 February 2016, 04:45 #Fed, technical analysis
Traders are abuzz this morning with the “news” that Saudi Arabia, Russia, Qatar, and Venezuela have agreed to freeze oil output at the January’s levels, ostensibly in an effort to support oil prices...
Trading Ideas
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Francis Dogbe, 16 February 2016, 22:49 #forex
The human brain is a fascinating machine. It allows us to do many things simultaneously without having to think about doing them...
Trading Ideas
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Francis Dogbe, 14 February 2016, 15:06 #Trading
Following a consistent stop loss approach is very important because it takes out the emotional and impulsive aspect of taking losses that so many traders struggle with...
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Francis Dogbe, 12 February 2016, 17:25 #Trading
Talking Points: EURUSD Technical Strategy: Bearish Elliottwave Count: Either we seen wave c completion or Flat correction on weekly chart...
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hoagtrading, 10 February 2016, 17:57
“Trade what you see” is a phrase traders love to throw around, but the true meaning behind it is mostly unknown. Trading what you see has become a hollow phrase and its true meaning has been forgotten. By the end of this article you will understand why you probably don’t trade what you...
Trading Ideas
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Francis Dogbe, 10 February 2016, 17:49 #Trading, forex
USDJPY shows why we watch the big levels 116.00 has been a big level for months and I've harped on about it enough times for it to become boring. The PA over the last 24 hours shows why I have. A lot of people had pencilled in the 115.50/60 level as the big one but I disagreed. 116...
Trading Ideas
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Francis Dogbe, 10 February 2016, 07:01 #support
EURUSD has been in a strong uptrend after breaking out from a base last week. The prices also broke an important down trendline in a furious up movement, on high volume and wide range up bars. It’s now in a critical area that will be characterized by a high volatility...
Trading Ideas
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Leonardo Barata, 9 February 2016, 21:50
A strong price move can only exist if there is a strong enough cause forcing price to move – this sounds obvious but you’ll see why it isn’t for most traders. A price rally can only exist if buyers outnumber sellers...
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Francis Dogbe, 8 February 2016, 17:21