This is a Guest Post By Robert F. Smith @RobInTheBlack of Smith’s In The Black YouTube Channel Algorithms, a traders best friend. Wait, What?? One of the most common misconceptions... Read more
A trading journal is a trading book you write about yourself. A trading journal has two uses, the first is to move your feelings, thoughts, and ego issues out of your mind and on t... Read more
RSI indicator buy and sell signals are based on oversold and overbought conditions on a chart. The RSI is a measurement of price moving too far and too fast in one direction and as... Read more
Pure price action signals use the current price alone to indicate when to get in and when to get out of a trade. It is possible to use pure price action signals to create systems f... Read more
On a bar chart an inside bar is a single bar which is smaller than the previous one and within the range of the highest price and lowest price of the last price bar. An inside bar... Read more
Contango is a situation in the price action of the commodities market where the futures forward price of a commodity is more than the spot price expected of the futures contract at... Read more
In the trading world there is an ongoing debate in many circles on whether trading price action alone is best or if technical trading indicators can add value to trading decisions.... Read more
In my opinion these are the ten top trading movies ever made based on popularity and entertainment value. The Big Short: This is my all-time favorite trading movie. It told the sto... Read more
The marubozu is a Japanese candlestick pattern used as a technical indicator of extreme price action inside a specific time period. The marubozu shows visually that an asset has be... Read more
The broken wing butterfly is an option play that is also called a skip strike butterfly and can be constructed with calls or puts. It is an adjustment to a conventional butterfly o... Read more
