Articles, tagged with "support resistance", page 1
E-mini Trading: Is Support and Resistance Really That Important?
In the world of trading, experts sputter about Donchian Channels, obscure oscillators and indicators are named in a manner in which I can scarcely pronounce. Make no mistake about it; there is an e-mini chart pattern and indicator wrapped into a neat pac...
Trading: Trend Following vs. Counter-Trend
If there's one trading dilemma that tends to inspire the most heated discussions among professionals and novices alike, it would have to be the one dealing with the decision to trade "with the trend" or "against the trend". Countless books have been writt...
E-Mini Training: A Common Trade That Often Ends in Disaster
If you have traded for any period of time, you start noticing where other e-mini traders are setting up to take trades. Sometimes I am very impressed with the positioning some traders utilize to enter trades; sometimes not so much. Of course, in my person...
E-mini Trading: The Market Tends to Start and Stop at the Same Price
You don’t have to have been trading too long to realize that a good portion of daily price action is random in nature. Having said that, why would a serious e-mini trader base his or her trading philosophy on a non-random measure? Because casual observa...
Develop A Good Eye For Trendline Trading
Let me first declare my love for trendline trading, support and resistance. These essential trading skills are being used every single day of my trendline trading life and have provided me numerous opportunities in trading. They also require me to take ye...
Intraday Trading and Strategy
Intraday trading has become the most happening place for most of the traders in the market. But many a time’s people face a lot of problem due to the heavy movement and volatility in particular scrip and as a result they suffer the ultimate loss. Here a...
Pre-Requisites To Support Resistance Trading
Support Resistance Trading is most often used by traders. As traders will plot charts with trendlines and key horizontal levels to mark the support and resistance levels. This will only constitute half of the battle to more profits; the other half re...
E-Mini Trading: Finding High Probability Setups
A quick scan of any of the popular online bookstores will produce a plethora of writers who claim to have a distinct set of high probability e-mini trading setups. For these traders, these setups are probably very successful and profitable. Unfortunatel...
E-Mini Trading: Trading Pivot Points Effectively
Let me say from the onset that there are a great number of individuals who rely heavily on trading daily pivot points in their e-mini trading. I am not one of those individuals, but I do chart daily pivots as a frame of reference in my trading. On some da...
The Power Of Trend Lines In The Forex
After trading for over 30 years, and spending 5 ½ years as a futures broker, and now having been a forex coach for over 5 years, I’ve had the opportunity to see a lot of systems come and go. Mostly go.
I think that one of the common threads among syste...
Are You A Retarcement Forex Trader
It is no secret that most of the most successful traders in Forex are retracement traders. These traders trade directly against the trend at strategic price levels. This practice is often referred to a fading the trend. These traders often are hunting the...
Trading Stock Newsletter Trading
SRS Trading Stock Newsletter Trading
The vast majority of stock trades offer only a few percentage point gains. Those who hold too find that profit-taking erodes their profits quickly. We recognize this and have adapted to current stock trading condition...
3 Common Mistakes Made By Forex Traders
It is widely known that about 95% of new forex traders will lose money and quit in the first 2 years, by eliminating these 3 basic mistakes you will be one step closer to success.
1. Trading Around News Events - Before considering a trade always look a...
Concept of Support & Resistance
Support
A support level is a price level where the price tends to find support as it is going down. This means the price is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount e...
Foreign Currency Investment Dealing
The foreign exchange market is well often called an funding class that can carry out, irrespective of the overall financial climate. But to make forex trading work as an investment requires each skill and agility. When you suppose that's you, then you hav...