Is Trend Trading Right For You
Trading the trend can be profitable, that is if you can identify the trend in a timely manner and then manage the risk along the way. The good thing is that trading the trend can apply to any currency pair or time frame. Here is some more good information the trend can help you systematically [...]
March 20th, 2009Getting the Big Picture
Try this exercise it is a good way to understand trading the trend. Go to a 5-minute chart and find a trade by only looking at the 5-miinute time frame. Now expand your outlook and look at the charts on the1 hr or 4 hr time frames, you may see something completely different. What you [...]
March 18th, 2009Fighting the market
When fighting the trend and insisting that the market is due to reverse itself is a sure sign that a trader will not be in the market very long. If a trader tries to catch short-term countermoves trying to make a few pips or always looking for the tops and bottoms hoping to catch the [...]
March 16th, 2009Chasing Trades or Timing Your Entries
We have discussed that trading in the direction of the trend will give you the best trades and chances for success. Even if you know which way the trend is going you should not just jump into a trade. The market will not go in one direction forever it will make some corrections or retracements [...]
September 1st, 2008The Top News Announcements You Should Be Aware Of
At the time of these announcements there is a high probability that the market will make a significant move. We do not trade the news, but we do trade after the news has been announced and when an entry signal appears. Consumer Price Index for the USA USA Non-Farm Payrolls USA New Home sales USA [...]
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