One of the Best Candlestick PatternsPrice action trading for me starts with first knowing the proper price action patterns to search for on the charts. That’s why I’ve introduced the day trading strategies using price action patterns PDF. In it, you’ll discover one of the most profitable chart patterns you can look at daily for […]
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I don’t particularly trade too many different candlestick patterns. I find it confusing to use too many patterns in making a decision. It’s as if some people believe they can actually read the hidden message the price is trying to tell them rather than simply a high probability opportunity. So they memorize as many patterns as […]
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The Stochastic Oscillator is used to indicates oversold and overbought conditions along with the accompaniment of other clues. Here is a picture of the Stochastic Divergence indicator for MT4. The download for this indicator is at the bottom of the article.In it, we see regular divergence, where the price continues in one way and the […]
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The following is a review of products of which I am genuinely very supportive. I have bought crypto using Binance and have no hesitation in purchasing more through them. However, I may receive compensation if you click on any of the Binance, Coinbase or Kraken links. This article should not be interpreted as advice to purchase […]
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Meditation for Traders: Evidence for Numbing the Effects of Fear and GreedThis Meditation for Traders article applies to all markets not just Crypto and Forex: Stocks, options, futures, binary options, etc.By the very fact we’re playing the market we enter a trade with the confident expectation to win. However, because of the random outcome of […]
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There’s a lot that’s been written on Ripple XRP price prediction but very little is based on what drives the XRP price overall: cryptocurrency market cap, the implementation of XRapid, and Ripple news in general. I’m not going to mention technical analysis since we’re talking about XRP reaching its old high and well beyond. The […]
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This article is going to be a brief introduction as to where to find XRP news, but it will also apply to other coins and tokens as well. The sources that I use range from Ripple’s website to various crypto news sites to even youtube videos. Youtube videos are the least precise of all three sources […]
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Forex Risk Management ExampleAs mentioned before, risk management is one of the most critical skills in trading. I have provided a forex risk management example below for your consideration. In it, I highlight the essential aspects of placing your stop loss, the risk to reward ratio, and moving your stop loss to decrease the risk […]
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Forex and Money ManagementToo many traders focus on a winning strategy but forget about the factor that makes or breaks most traders. Forex and money management seem to some as disconnected as Buffet is to Bitcoin. Traders may have good intentions but the greed of the moment overtakes many and wreaks havoc on most accounts. […]
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The First One World Currency will be Bitcoin The first one world currency will be Bitcoin, so says one of the world elites. It’s not just me saying this, it’s one of the wealthiest saying that this will be the case. However much present prices seem to be suppressed, next year the price of Bitcoin is […]
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