COMMON TRADING BIASES A bias is best defined by Evans Dylan in the book Risk Intelligence as a tendency to make mistakes of a particular kind, not random errors but ones that are skewed in one direction. In the financial markets, traders often end up on
MOVING AVERAGES A moving average is a technique to get an overall idea of the trends in a data set; it is an average of any subset of numbers. The moving average is extremely useful for forecasting long-term trends in sales, prices, yields, population etc. You
What Is INDUCEMENT Trap? •Inducement Trap Occurs When Market Rejects Next To Your PointOf Interest (POI) Leaving A Low Or High Depending On A TrendYou’re Introduced To , That Has Liquidity That The Market Needs ToSweep. •That Low Or High The Market Leaves It Acts As
Understanding market structure is one of the most critical aspect of becoming a consistent, lucrative and a successful trader. Really understanding market structure and how you place yourself in any order flow. Some traders continue to trade using a basic rule based “system” with a “good
WHAT IS MARKET STRUCTURE!?Market structure definition: The framework or structure that any particular market is presently trading in. A market structure may assist you to comprehend the behavior, state, and present flow of the market. It indicates support and resistance levels, swing highs, and swing lowsMarket
Knowledge Deficiency – Most new FOREX traders don’t take the time to learn what drives currency rates (primarily fundamentals). When news or a statement is due out they must close out their positions and sit out the best trading opportunities. They are taught to only trade
Understanding Candlestick How to Read a Candlestick? How to Read a Chart Using a Candlestick? How to Find an Opportunity Using a Candlestick? What is a Candlestick? Candlesticks are a reflection of what buyers and sellers are doing. Candles tell you who is in control in