This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. by: Colibri Trader Forex trading deals with buying and selling a currency against another one. The aim is to make a profit by identifying the correct market direction. Finding the correct market direction […]
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This is a guest post by Rayner Teo from TradingWithRayner.com. Let me guess. You’re into trading because you want financial freedom, to make lots of money, and to fire your boss. You learn everything you can get your hands on. Trading books, courses, forums etc. 1 year has passed… 2 years have passed… 3 years
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This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. This post contains the 8 rules that have been developed through the years of continuous losses and stresses. Only when I started applying these rules with discipline was I was able to maintain a level
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Fibonacci Levels in Technical Analysis by: Colibri Trader Every technical trader heard of the Fibonacci numbers. In a way, it is impossible not to. The most famous trading theories use these ratios. Before
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A confluence of signals that come together at one time give a better odds of success than just one signal. Here are the signals I see coming together at one time to present me with a high probability buy point in the $SPY $240-$241 price range. The 100 day SMA is the key moving average
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The market dynamics changed last week as $SPY lost the 10 day ema and 50 day sma shifting $SPY into a sideways market. The next key support level convergence comes near $240 as the RSI will be in the lows, the 100 day sma, and the 100 day sma. The small caps ETF $IWM has
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This is a Guest Post by Yvan Byeajee. He is one of my personal favorite teachers of trading psychology. His website is at TradingComposure.com. Extremely Short Guide “ How To Become An Emotionally Stable Trader” This is an extremely short and straight to the point guide to becoming an emotionally stable trader. I won’t bore
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This is a Guest Post by Yvan Byeagee. He is one of my personal favorite teachers of trading psychology. His website is at TradingComposure.com. Breaking Free From The Mind Movie For An Outstanding Trading Performance You are not your mind! This is the message I want to shout from the rooftops: You are not your
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This is a Guest Post by Yvan Byeagee. He is one of my personal favorite teachers of trading psychology. His website is at TradingComposure.com. A conversation with my younger self If you could go back in time and talk to your younger self, what would you tell that person? I can see some of you
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This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. So you probably have purchased many books on price action. Price action, in simple terms, is the way price of any financial instrument behaves. it is visually recognized from the formulation of candle sticks. This
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. How to Trade with Heiken Ashi Candles While I purely trade price action setups, trading with Heiken Ashi candles looks beyond interesting. Because of the way this indicator is constructed, traders have an
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This is a Guest Post by Yvan Byeagee. He is one of my personal favorite teachers of trading psychology. His website is at TradingComposure.com. Back To Basics. How To Go through Losses Without Losing Your Mind Sometimes a short story can teach much more than an entire book. In today’s post, I want start by
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$SPY has fallen under the 50 day and this is a warning sign that we could see more of a pullback before new highs in price. Price bounced near the oversold 35 RSI Thursday. 41.41 currently is near oversold. A return to a 30 RSI would be an ideal dip buy for a rally target
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This is a guest post by Gary Ashton REALTOR, his website is at nashvillesmls.com. What Should Investors Know About Flipping Houses? With interest rates as they are, more and more investors are once again considering the fix and flip investment strategy. In addition to relatively low interest rates, the shortage of entry-level housing throughout many
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Hello everyone, I have spotted a few interesting setups. I am in no way trying to pick a top, but sometimes it is just great to share your observations. Correct me if I
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. The Elliott Waves Theory consists of different cycles of various degrees that complement each other and defines the way a currency pair moves. While Elliott based the original theory on the way the stock
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Ed Seykota is a legend in the trading world. His ability to produce consistent returns for decades, and his masterful growth of his client’s accounts has earned him a place of distinction. But who inspired this Market Wizard’s trading methods? Richard Donchian Richard Donchian didn’t begin his successful trend following system until the age of
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$SPY stays in an up trend with price over all moving averages. The MACD is under a bearish cross due to all this sideways action for weeks. RSI 64.20 remains near overbought and the odds here are on more sideways action. There is the potential for a pullback to the key support at the $245 break out
10 Facts about the $SPY Chart: 8/6/17 Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. So we have a system in place that produces positive returns when applied optimally, we have a routine that we follow religiously. We are watching our account balance grow. We are experiencing the “Traders Reality”. Be
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