I personally use the Commitments of Traders Report (COT) report in all my swing trading. I use it primarily as a tool to help me enter into trades…
OK, so I’ve touched on the Commitments of Traders (COT) report several times now, most recently here. I’ve said a few times, I think the COT is gold dust for traders if you can pick out the useful bits. But as you’ll see in a minute, it’s pretty ugly to look at. You just need [...]
Identifying a trend will help your trading dramatically. However, if you can take the next step and put the trend in to context you will increase your strike rate instantly…
You wouldn’t buy a car if it doesn’t offer good value. And by the same logic, neither should you buy a currency if it doesn’t offer good value…
Pin bars are formed when price ‘rejects’ a strong move in one direction to reverse in the opposite direction. And the beauty of them is that they can highlight two things…
How much do you want to make from forex trading? Well I’ll be honest. I look for 100% return a year when compounded monthly. I think that’s easily achievable…
Ichimoku Kinko Hyo (or Ichimoku or just Ichi for short) is a method of technical analysis developed by a Japanese journalist some 45 years ago.
The spread is the difference between what you buy a currency pair for and what you sell a currency pair for. Let’s take EURUSD as an example…
Chances are, you’ve been the victim of stop loss hunting. The good thing is, there are a few tricks you can play to try and help you avoid it…
Now it’s quite natural for traders to focus on what we could call range trading. It involves trying to pick tops and bottoms in the market. And that can lead to problems…