Price now > open price, market sentiment is bullish. Price now < open price, market sentiment bearish. Gold now bullish but Silver not.
Is trading success determined by nature or nurture? Certainly there are personal traits that are a ‘gift’ to some traders and there are those that pose handicap to others. Good thing is traits are not cast in stone.
Few days ago, some students wrote to ask me on a reversal trade in EURAUD. It is not that I don’t trade a reversal trade, just that I didn’t like to predict reversal. I like the market to show me that there is a reversal
Fibonacci Retracement tells us strength between and within stock counters. Singapore Exchange listed bank stocks UOB, OCBC and DBS discussed.
The better the risk reward ratio, the less winning trades needed to be profitable but higher total profitability too. Tables: 1:1, 1:1.5, 1:2
Straits Times Index bearish sign #4 – evening star. The Straits Times Index may not fall instantly but any consolidation until the forthcoming correction should be employed fruitfully.
Product information gets hidden by technical terms, marketing jargons and qualifiers. So I just summarise what is Tflow® Forex Strategy and which kind of trader it is most suited to.