“It is better to be roughly right than be precisely wrong” This is a quote from John Maynard Keynes. I think what we can learn from this quote is that we don’t have to be right 100%...

Pin Bar The pin bar candlestick is a potential trend-reversal pattern It has a small body with a long tail (wick) The pin bar looks like the appearance of a “pin”.  A bullish pin bar will have...

1. Engulfing candles can provide an indication of potential trend reversals, trend continuations and entry and exit signals. 2. A bullish engulfing candle may open at or lower than the previous bearish candle’s closing price. – A...

1. Order blocks indicate a strong potential concentration of orders placed from Institutional and high-volume traders  2. Due to the sheer volume of orders, order blocks can also be treated as potential support and resistance zones.  3....

I just completed a quick back test of this 5 minute, multi asset strategy, that resulted in 13.2% profit in a single day. So technically, if we took all those trades today, on friday 07-07-2023 on a...

The principles of Supply and Demand in the financial markets are similar to real-life economics of the laws of supply and demand.  For example, if there is a shortage of egg supplies like we were experiencing in...

I like the idea of making 20 pips a trade, multiple times a day! Because it’s not too much and not too less and is perfect for day trading, in and out of the markets by the...

Support and Resistance is one of the most important aspects in trading as they can determine key  price points where major price action can potentially occur.  These key levels are well respected by Traders and  buy and...

Consolidation and ranging price action can be annoying, particularly if you like trading trends like me.  Furthermore, when you find yourself on an open trade that turns out to be trapped in a consolidation zone and then...

It appears, that earning $100 per day seems to an ideal popular income amount for many of us who are seeking a consistent minimum self employment income.  I’m talking about this because, I personally have been on...