In this week’s analysis, I talk about how I use relative strength in my trading. By identifying the right markets to trade, you will notice price moves much more in your favor and pullbacks tend to be shallower against you. I hope you have enjoyed this week’s market analysis. As always, comments are welcomed and encouraged. Cheers!
Thanks to quantitative easing, most stock markets around the world are in a bullish tone right now. But which markets are the strongest in terms of relative strength? Looking from the charts above Nasdaq, Dax and Nikkei are the most bullish. Thus if you are looking for stock indices to trade, these 3 would be favorable […]
Trading is a mental sport, so I decided to share with you the psychological aspect in trading. I walk you through the thought process on the trades I took like Usdjpy, Gold and Gbpaud. I hope you have enjoyed this week’s market analysis. As always, comments are welcomed and encouraged. Cheers!
In this simple experiment, I will show you how support & resistance may simply be random lines on your chart. Feel free to try out this little experiment yourself. As always, comments are welcomed and encouraged. Cheers!
In this video post, I explain to you what is the ATR indicator, and how I use it to set stop loss in my trading. I hope you have enjoyed this short tutorial. As always, comments are welcomed and encouraged. Cheers! Do you know the 5 Secrets of trend following that makes it profitable over the last 200 years? In my […]
While the major currency pairs are not making any impulse move in the market, there could be chance that exotic pairs are the ones moving. Looking at Gbpusd daily, it has pullback towards the 50 EMA which is something we have not seen over the last 7 months. Audusd daily is still relatively weak as price is […]
This week I walk you through a Crude Oil trade I took back in October. I explain to you why I shorted Crude Oil, how I scaled in my positions and finally how I exited it. I hope you have enjoyed my weekly market analysis! As always, comments are welcomed and encouraged. Cheers! Do you know the […]
You’re not perfect. You’ll make trading mistakes causing you to lose your hard earned money. Just when you thought you got it figured out… BAM. You made another trading mistake causing you to lose your money, again. What if you could reduce your trading mistake, would that make you a better trader? Yes. And this is why […]
I’m not here to paint a rosy picture of trend following, but rather to show you the reality of it. As a trend follower, I accept the fact that I have a low winning percentage. Thus it is no surprise to face a losing streak which is happening to me right now. I risk 1% a trade so after 8 losing trades […]
On Friday we saw bullish price action across the majors due to bullish reports on NFP. With the bullish bias on the dollar, here’s my take on Usdjpy, Gold and Crude Oil in the coming week. I hope you’ve enjoyed my weekly market analysis! As always, comments are welcomed and encouraged. Cheers!