Think all engulfing patterns are the same? Think again. There’s one type of engulfing candle that consistently outperforms the rest, offering a much higher probability of success for trade entries. Today, I’m going to reveal how to spot this pattern and add it to your trading arsenal. Ready to discover high-probability engulfing candles? Let’s begin… […]
This Type Of Engulfing Pattern Works Better Than All Others Read More »
I’m sure you’ll agree… In trading, your entry plan is just as important as your exit plan in order to have a successful trading career. And this applies to both newbies and experienced traders participating in the forex market Today, though, we’re going to talk about the exit plan. But, we’re going to zero in
Why You Always Need To Use A Stop Loss Read More »
Ever had that heart-sinking moment when you place a perfectly good sell trade, only to watch the price inexplicably spike up, trigger your stop loss, and then calmly reverse back down? It feels random, almost like a cruel joke. This is called stop hunting, a manipulative tactic employed by smart money to shake out smaller
How To Profitably Trade Stop Hunts Using Oanda’s Order Book Read More »
Most people understand support and resistance levels as lines marking points where price has previously reversed. This traditional definition is widely recognized, but there’s another type of level at play that’s often overlooked: Round numbers. In this post, I’ll explain why big round numbers act as effective support and resistance levels and how you can
Why Round Numbers Make Great Support And Resistance Levels Read More »
Did you know… Support and resistance levels don’t actually gain strength with each failed breakout attempt? And here’s another shocker: There’s a unique way to mark SR levels that can dramatically increase your profits and lower your risk. Skeptical? I get it. But I’m here to reveal 4 mind-blowing secrets that will change your approach
4 Support And Resistance Secrets That Will Blow Your Mind Read More »
Gets old, doesn’t it? You place a resistance level, eagerly anticipating a reversal so you can snag a profitable short entry. But just as the price gets close, it pulls back, leaving you high and dry with no entry signal. Bummer. Frustrating, right? If you trade support and resistance, this scenario probably hits a little
Never Miss Another Trade With Support And Resistance Zones Read More »
As traders, we’re swimming in a sea of tools, right? Some are useful, others are duds… and then there are those you should avoid like the plague (looking at you, indicators!). But let me tell you about a hidden tool that often flies under the radar: Oanda’s Order Book! Tucked away in the depths of
3 Insights Oanda’s Order Book Gives Us About How Traders Trade Read More »
In the world of forex trading, there are an infinite number of methods to use to profit from the opportunities that appear in the market every day. The way we individually perceive the market is as unique as we are, so it comes as no surprise that everyone has a different opinion as to what
Is Discretionary Trading Better Than Mechanical Trading? Read More »
