Master Candle trading strategy
A master candle (or mother bar) trading opportunity occurs where four subsequent candles form inside a preceding candle (the master candle), and the 5th to 7th candles break out of…
London and New York Breakout strategies
The London breakout strategy for a morning trade, and New York breakout for afternoon trades (if you trade GMT), is a breakout from a support-resistance or square pattern. It is…
In forex trading, for someone to win, someone must lose.
It is said that fx trading is a zero-sum game: for someone to win, someone must lose. * Every forex trade has two sides: one who buys and one who…
A FOREX TRADING STRATEGY OR METHODOLOGY
A forex trading strategy or methodology A forex trading strategy, or methodology, is a set of rules that define what conditions should be met for a trader to trade an…
WHAT IS A TRADING EDGE?
What is a trading edge? There are as many definitions of an edge as there are traders. An edge exists where the odds are in my favour that someone in…
Trading forex while camping
Trading forex while camping has experienced an increase in interest with they increase in campers after Covid locked people down for extended periods. Even campers are sometimes bored and wish…
The emotion that fuels the forex market
The emotion that fuels the forex market is a fact because forex trading is an aspirational product. An aspirational product is a product that people aspire to but which is…