When it comes to paper trading, there seems to be two strongly opinionated sides to its purpose in helping traders learn how to trade. There are the opponents and this group usually includes brokers (I wonder why). Their argument goes something like this: Paper trading is something you want to do for maybe a week or so in order to … Read More
How do You Use Candlesticks? Trade Confirmation.
Marc Principato, CMT, shares his beginner series where he illustrates how candlestick wicks offer valuable information when it comes to gauging buying / selling pressure at the moment. They are excellent forms of price action confirmation. Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge … Read More
How Conventional Are You?
As a trading mentor, I speak to many up and coming traders who are looking for guidance. There are a number of things that I ask to gauge where the trader is in their learning curve. One of the main pieces of information that I like to learn about a trader is what strategy or strategies are they executing within … Read More
EUR/USD Strong. Next Support?
EUR/USD is generally strong but immediate price action is more range bound. Where are the best levels for longs? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
What Is Price Action Analysis?
Everyone has their own definition. Here is a taste of how I define and use it. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
S&P Bullish But For How Long?
The S&P has been reluctant to sell off. Where are the best levels to get long? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
AUDUSD Bearish But Where To Short?
Recently AUDUSD has presented a bearish condition, but shorting lows is risky. — Marc, Principato Risk Disclaimer *No Relevant Positions
GBPUSD: Rangebound or Strong?
The GBPUSD has been range bound most recently. Where are the extreme prices where we can see long or short opportunities? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions