Ahmad Hassam / Profil

Swing trading is a much better style of trading as compared to scalping. In swing trading, quality of trades count more than the quantity of trades. The aim should be to make high Reward to Risk trades. Watch this video tutorial on how to make 100-800 pips per trade...

Quadratic Discriminant Analysis Classifier uses a quadratic function of predictors. Another assumption that Quadratic Discriminant Analysis uses is the variance of the classes not being equal. This helps it make it more powerful than the Linear Discriminant Analysis...

GBP/USD is a pair that is highly volatile. You never know when it changes it direction. The trick to make a lot of pips with GBP/USD is to keep the risk as low as possible. You can do that by reading the charts and doing your analysis correctly...

5 Bar Reversal Pattern Trading Strategy is a must have tool that you must have in your trading arsenal. Why? When you see 5 bullish bars in a row or 5 bearish bars in a row, take it as a reversal signal...

I rely on candlestick patterns a lot in my trading. I watch the candlestick patterns on H4 timeframe. When I find the pattern I am looking for I plan a trade. I use the concept of support and resistance also in my trading system. Once I have a trade idea, I use a pending order to implement it...

AUD/USD is a currency pair that is well behaved most of the time unlike GBP/USD and USD/CAD. There are 2 things in my trading strategy: Stop loss and take profit target. Before I enter into a trade I need to know what should be the stop loss and what should be the take profit target...

Doji is an important candlestick pattern. Doji is formed when the open price and the close price are almost equal for a candlestick. It forms frequently on the lower timeframes and is less reliable. However when it forms on a higher timeframe like Daily and Weekly, it is a strong signal...

Boolean logic gives crisp answer for each question. Either it is a TRUE or FALSE. In real life we know nothing is black and white rather we are dealing with shades of grey. The same applies to trading. All technical indicators are grey and vague. You have no clear cut answer...

Winrate is a very important statistic for a trading system. If the winrate is poor, just assume the trading system is not good at all. Of course there are exceptions. One such exception was the Turtle Trading System that had a winrate of only 40% but it made many millionaires...

This time FOMC Meeting finally decided to raise interest rates. Strong rumors were already circulating in the financial media that FED has decided to raise interest rates. When a central bank raised interest rates, it makes the currency of that country appreciate. This is precisely what happened...

Big banks are daily trading currencies for speculations and profit making just like us. However there is a difference between the bank trader and a retail trader. Bank trader trade the market in a much different as compared to us retail traders...

Three Line Break Charts are a modified form of candlestick charts. Three Line Break Charts were also developed by Japanese in an attempt to reduce noise and get a better picture. Watch the videos posted on my blog that explain how to use these charts...

In the stock market crash of 2008, investors lost trillions of dollars. Stock market crash of 2008 ushered in a new realization. No one can conquer the market with their mathematical models. Markets will always have the upper hand when it comes to giving the surprise...

R is a powerful data science and machine learning software that is open source. You can download R free from its website. It has versions available for Windows as well as Mac OS and Linux. Rstudio is the IDE (Integrated Development Environment) for R. You can also download it free...

Rumors in the financial media are becoming very strong on FED increasing interest rate. It is being reported by senior analysts that FED FOMC Meeting this Wednesday most likely increasing interest rates. Watch the video posted on my blog on the FOMC Meeting this Wednesday...

Jarret Davis has been ranked as #2 in the world of forex trading by Barclays. This ranking is based on his past consistent trading performance for many years. You should watch this interview posted on my blog in which he reveals he did not get good education...

MACD is a powerful momentum indicator. There are many ways you can use MACD in your trading. You can use it for trend trading as well as scalping depending on the timeframe. One the lower timeframes, MACD gives good scalping signals...

There are many Scalping strategies that you can use. I personally don't believe in scalping. I am a swing trader. But I do trade 5, 15 and 30 minute binary options based on scalping strategies that I show you now...

Principal Component Analysis is an important technique in statistical machine learning. Principal Component Analysis (PCA) transforms the original data into an orthogonal data set with each feature known as a component...

USD/CAD is a highly volatile pair. It changes direction all of a sudden. If you want to trade USD/CAD profitable then you must focus on keep the stop loss small. I use H4 timeframe to make the entry direction once I have analyze the daily and the weekly timeframes...