RSI often suffers from the pit-fall that market trends can continue for an extended period of time. This makes the counter-trend, range-bound nature of the indicator difficult to deal with. In this article, we discuss how this pit-fall can be managed when trading with RSI.
Rather than simply “jumping in” as a trade is moving strongly in the direction of the trend, it can be beneficial to wait until the pair reverses to enter at a better price. This article will cover how that can be achieved.
Rather than simply “jumping in” as a trade is moving strongly in the direction of the trend, it can be beneficial to wait until the pair reverses to enter at a better price. This article will cover how that can be achieved.
Trailing Stops can be an effective way to adjust the stop as a trade moves in your favor. However the question always remains regarding how far to trail the stop behind the current price. This article will offer one method for implementing that process.
Trailing Stops can be an effective way to adjust the stop as a trade moves in your favor. However the question always remains regarding how far to trail the stop behind the current price. This article will offer one method for implementing that process.
If higher probability trading involves utilizing strong trends, how does a trader identify one? This article will provide examples of what to look for.
If higher probability trading involves utilizing strong trends, how does a trader identify one? This article will provide examples of what to look for.
Many Olympic athletes visualize their performance before the race. Learn how to visualize your trade before taking the trade.
Many Olympic athletes visualize their performance before the race. Learn how to visualize your trade before taking the trade.
You know the feeling. A trade you no longer want is continuing to push deeper, and deeper into the red; as you watch your account deplete further beyond where you want it to be. This article will walk through steps traders can take in an attempt to avoid this dreaded emotion.