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Head and Shoulders Pattern – A Trade Example
By Richard Hill on October 05th, 2011
Say you saw this head and shoulders pattern forming on the EUR/USD 1 hour chart last Thursday evening. How would you trade it?
Forex Tutorials
How To Check Key Historical Support Levels
By Richard Hill on September 15th, 2011
Today I want to show you how to check key historical support levels using trading tool Net Dania. Now, on some charting packages the data doesn’t go back far enough to do this…
NetDania – Check Out This Excellent Free Trading Tool
By Richard Hill on September 14th, 2011
There are always new ideas and trading tools becoming available in forex, one of which is a charting package called Net Dania…
How The World’s Financial Markets Link Together
By Richard Hill on August 30th, 2011
When you first start trading forex, it can take a while before you get a feel for the markets and begin to understand how and why the markets move…
How To Set Your Own Volatility Limit
By Richard Hill on August 23rd, 2011
Trading in these conditions is definitely not for the faint of heart. But even in these uncertain times, it doesn’t mean you have to despair – you just need to know your own volatility limit…
What To Do With A Falling Account Balance
By Richard Hill on July 21st, 2011
What should you do if your forex account balance is consistently falling? Run through this checklist to prevent losing your trading pot completely…
Understanding Your Equity Curve
By Richard Hill on July 19th, 2011
The balance of your trading account plotted over time as a graph is known as your ‘equity curve’…And it can be helpful to understand a few things about it. First off, it won’t grow in a straight diagonal line…
Why Do Spread Betting Companies Charge You For Overnight Positions?
By Richard Hill on July 12th, 2011
Have you ever noticed that when you leave a trade to run overnight, your spread-betting company sometimes charges you?
More Tips For Using Elliott Wave Theory
By Richard Hill on July 05th, 2011
I’ve just been looking through a few of your responses to my series on the Elliott Wave Theory. For those of you who do want to go a bit deeper into Elliott Wave Theory, I’ve got a few more tips for you today.
Spotting Elliott Wave Patterns On Charts
By Richard Hill on July 01st, 2011
Last time I described the basic Elliott Wave pattern to you. Now, one thing I never like to do is just talk theory without seeing if I can quickly find a real live chart example…