What’s an Inverted Hammer Candlestick Pattern?

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Introduced to the western world By Steve Nilson, Japanese candlesticks are an effective way to forecast short and long-term market direction. What makes this concept so interesting is that each trader we’ve met seems to have their own unique approach. The inverted hammer, or sometimes referred to as a ‘shooting star’ (Japanese name: tohba), is … Continue reading What’s an Inverted Hammer Candlestick Pattern?

What Does Fearful Money mean to Traders?

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Fearful money, or as we like to refer to it as ‘hot money’, is capital that a trader has a strong emotional attachment to. In other words, it is money that one CANNOT afford to lose, and therefore, should not really be using it to trade the markets with. An example of hot money is … Continue reading What Does Fearful Money mean to Traders?

Trading the Higher Timeframes

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Is spending countless hours at your trading desk the kind of freedom you had in mind when you first voyaged into the trading world? If you are one of those unfortunate souls scrutinizing each pip movement with little to show for it, switching things up to the higher timeframes could be an option. Remember the … Continue reading Trading the Higher Timeframes

The ceaseless quest for a perfect strategy

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Although having a well-defined trading strategy is vital to get ahead, some traders (particularly those new to the business) mistakenly believe that this is the be-all and end-all of trading, and therefore pursue perfection. Sorry to be the ones to burst this bubble, but there is not a perfect strategy that’ll rain pips day in … Continue reading The ceaseless quest for a perfect strategy

Getting smart with Cryptocurrencies

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Nowadays, you’d be hard pressed to go a day without reading or hearing about cryptocurrencies, and for good reason! 2017 proved to be the year of cryptocurrencies, with many units reaching unprecedented growth, smashing record after record. With its understandable rise in popularity, a world once ruled by Bitcoin has seen a new band of … Continue reading Getting smart with Cryptocurrencies