Articles on institutional positioning, options flow, price action, and the neuroscience of trading.
Inspired by watching The Dark Knight Rises on my recent flight, I wanted to write an article about trading and fear. Of all the emotions that affect a trader negatively, fear would be at the top of the list. Ask yourself; -Have you ever not pulled the trigger when your system gave you a…
Here is an intraday forex price action setup I took, showing the result from my brokers chart (chart below), whereby I explain the entry, exit, stop, limit and price action analysis of why I took the trade. For those wanting to learn to trade price action, access to the traders forum, lifetime membership & more, visit my Price…
Last week was the first time I had gone back to my archery school in over a year. Approximately 2mins into the class, I realized how much I had missed formal archery classes, but also how archery helps my trading. Now I am not suggesting you need to grab an Olympic bow and start taking…
The Question I was recently talking with a student in one of my trading courses who is an eager beaver. They definitely have the desire to trade for a living, but I noticed something of a repeating pattern for them. They would constantly not trade the system as is, make modifications to it and adjust…
I wanted to write a forex advice article today about what happened to me this weekend, and how it relates to trading. A Dutch Friend Last Friday, a very good friend of mine named Mark came into town for a few days. Mark is Dutch and trades derivatives for a multi-national Oil and Chemical company.…
Breakouts are some of the tougher environments for traders, and understandably so because they represent potential, but often fail. I’ve already written an article for trading breakouts Post-Breakout, but what about the Pre-Breakout moments where you have to make that key decision to trade it or not? How do you identify them and what are…
Now that I have outlined the major components to Ichimoku Time Theory (ichimoku numbers), I want to talk about the 2nd pillar of Ichimok which is the Wave Theory. Remember, the main pillars of Ichimoku are not the Tenkan, Kijun, Chikou and Kumo. These are components of Ichimoku to help you read the main aspects…
Over the last few years, I’ve gotten this question so many times, I thought it would be best to write an article about it so people can understand and make their own conclusions about such a poignant topic. The general question is one below someone recently emailed me; If you can make money from your…