If you can’t handle the pressure of 5-min charts, but think your too impatient for the daily timeframe, then it’s time to consider trading 8-hour charts. They’re not the norm I admit. Many trading platforms don’t even have them, going straight from 4-hour up to daily. That’s a real […]
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A Shorting Strategy That Works Well
This shorting strategy I am going to show you is my favourite. I called it the Ultimate Smash Bar Short – almost the mirror opposite of the long system I discussed here. It can lead to some truly stunning price moves, has high accuracy and resulting R multiples can be […]
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Long Harami Pin Bar Reversal Strategy
The pin bar strategy is a popular reversal technique used by many retail forex traders. It’s a two-bar pattern that can lead to explosive price action. But, it can also lead to whipsawing prices too. The idea behind the long version of this setup is that price opens within the […]
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What Is Technical Analysis?
If you’re new to trading then you’ve probably wondered what all those strange charts are that traders stare at constantly? Well the study of those price charts is called is Technical Analysis, and this article will give you an overview of the discipline. By explaining what is technical analysis and […]
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The Ultimate Smash Bar Reversal Strategy
Reversals are one of the better market plays for a trader. The market heads lower at a fast clip, short sellers pile on, and then, suddenly, out of the blue it stops, changes direction and blasts off. For the astute trader, catching a reversal in price, at the right level […]
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Buying Harami Inside Bar Breakouts
One of the better trading strategies for beginners are volatility breakouts. There are three reasons why they’re good. Firstly, you can place a tight stop, therefore reducing risk. Secondly, the range expansion that comes on a successful breakout can be huge, compared to the risk taken. Thirdly, they occur regularly […]
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Simple Pattern Trading For Beginners
Simple Pattern Trading is the most effective way for a beginner to trade leveraged instruments like Forex and CFDs. Focusing on one, two, three bar price patterns, and the most recent open, high, low and close data (OHLC) makes the process of trading easier than say traditional forms of technical […]
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Why Short-Term Trading Works Best For Newbies
Day-trading has a special place in the heart of a newbie, the idea you can sit at home each morning and pull out a living wage is the most appealing thing about it. Equally as appealing is spending all day on the golf course as a ‘trend-trader’, not really having […]
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The Harami Pattern
The Harami is a potent candlestick pattern, and it’s presence often leads to dramatic price moves. However, it is also an under utilised pattern and for many traders, it’s presence is not given the credit it deserves. This article explains what the Harami is, and why it’s so special. For […]
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How To Construct Japanese Candlesticks
One of the better trading methods within the broad subject of technical analysis is Japanese candlesticks charting. You will have seen them on most price charts, but may not have understood their importance. They are for more than just making a chart looking cool; for the trader who knows how […]
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