Much of the time when you read about trading, many use metaphors that refer to competition or war. You will often hear phrases like, “the forex arena”, “bulls battling the bears”, “you compete with the best and brightest minds in the world”. This is convenient and filled to the brim with conflict (we love drama just watch the news). What … Read More
Trade Review: Mastering EURUSD with Price Action Confirmation
In this segment, Marc Principato, CMT, reviews a real EUR/USD day trade that is based on two price patterns and candlestick analysis. He uses price action as confirmation to enter the trade. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Price Action Techniques For Consistency Part 2 Webinar
My 4 week online class begins on 1/21. Register before space runs out. This webinar provides an idea of the topics I will be covering. In particular: How I project support and resistance levels How I use candlesticks to validate trades And how to question the market for context Any questions, make sure to email me. Once the class begins, registration will … Read More
Do You Know Your Greatest Trading Obstacle?
An interesting thing happens when newer traders are asked about their greatest trading obstacle. Much of the time you hear things like, “I need to stick to my plan more,” or, “I need to learn how to hold my winners longer”, or some other isolated behavior. What newer traders need to realize it is not an isolated behavior, but instead … Read More