Does Your Current Trading Strategy Suit Your Personality?

Day Trading Strategy: Countertrend Trading

Introduction to Trading Styles, Psychology and Strategies in Forex Trading Picking the right and  best forex strategy is crucial for successful and comfortable trading. By comfortable, I mean that the trading strategy you choose has to accommodate your personal trading style, your preferences, mindset and available time to trade the markets. There is a big … Read more

Effective Trading with HeiKin Ashi Candles

HeiKin Ashi (HeiKin – “average”, Ashi – “rhythm”) is a popular way of price representation that resembles the Japanese candlestick charts. Unlike line charts, HeiKin Ashi candles do have open, high, low and close prices, and the open and close price is represented by a solid body just like in Japanese candlestick charts. OHLC prices … Read more

How to Read and Trade Candlestick Patterns?

Japanese candlestick patterns are a form of technical analysis, which can easily be combined by a number of other technical tools to improve the market analysis of any financial instrument. They have been introduced to the West by Steve Nison, who is internationally considered the father of candlestick trading in the Western world. His two … Read more