Today we’re tackling a bit of a controversial topic: Why trading rally-base-rally (RBR) and drop-base-drop (DBD) supply and demand zones might not be the bright idea everyone thinks they are. Now, I know what you’re thinking… “But PAN, I’ve made money from RBR/DBD Zones!” And you’re not entirely wrong. They can work, every once in […]
Why You Should Avoid Rally-Base-Rally/Drop-Base-Drop Zones Read More »
Tired of second guessing your entry and exit points? Want clear, actionable zones to watch for market reversals on any timeframe of your choosing? Enter: Supply & Demand Trading. “Supply and Demand” is a swing trading strategy for forex traders seeking high-probability reversal zones. By identifying recent reversals from recent surges buying (demand) or selling
Supply And Demand Trading: The Definitive Guide (PDF) 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 »
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 »
All right, I’m going to go ahead and tell you the one skill you need to become a successful forex trader pretty much right up front (precisely one paragraph from now), but please read the rest of the article anyway. You just might pick up some extra valuable information. Beyond being able to do basic
The #1 Skill You Need To Become A Successful Forex Trader Read More »
Admit it… You want to win every trade. It’s okay, it’s natural. I want to win too. But you know, you don’t need to win every trade to be successful. In fact, you can lose 90% of the trades you place and still make a horrendous amount money. How? By understanding Risk to reward ratio.
Win Less To Make More With Risk To Reward Ratio Read More »
Handling losing trades well is what separates the winners from the losers. Winning traders always keep their losses small and view losing trades as (A) a natural part of the business of trading, and (B) an opportunity to learn how to improve their trading. Every forex trader has losing trades, even the most exceptionally talented,
5 Facts That Will Help You Deal With Losing Trades Read More »
