This months trade setups for SPX500 levels both the buy and sell side. Plus GBPUSD. One CFD (SPX500) which can be translated into futures if this is what you have access to instead, and one forex pair (GBPUSD). Subscribe to the newsletter for more charts and zones across the spectrum of assets available, including Commodities,…
Forex trading can be an exciting and potentially profitable endeavour, but it also carries significant risks. One of the most common and critical mistakes made by traders is not predefining the risk before entering a trade. Failing to establish a clear risk management strategy can lead to devastating losses and erode trading capital over time….
Understanding the probability of success in forex trading is a crucial aspect of risk management. Probability refers to the likelihood of a particular outcome occurring based on historical data, technical analysis, or other relevant factors. In trading, probabilities are never guaranteed, but they provide a statistical advantage if consistently applied within a well-defined trading system….
Once upon a time in the bustling city of Wall Street, there lived a trader named Alex. Alex was no stranger to the unpredictable world of the stock market. For years, he had eagerly sought the secret sauce to consistent success. Yet, despite his passion and dedication, the elusive recipe always seemed just out of…
Day trading, a practice of buying and selling financial instruments within the same trading day, often finds itself at the centre of debates about its nature. While some critics dismiss it as mere gambling, it is essential to recognize that day trading is a highly structured and calculated activity that involves meticulous analysis, risk management,…
