Daily Price Action
Shares

Category Archives for Justin Bennett’s Forex Lessons

Determine Profit Targets Like a Pro With Measured Objectives

Shares
Forex head and shoulders measured objective

One of the most challenging aspects of trading is setting a realistic and probable profit target. In fact, most traders that I’ve talked to over the years would put taking profits above entry strategies in terms of where they struggle the most. It is true that knowing where to take profits can be harder than finding favorable entries, […]

Continue Reading

WD Gann’s 20 Trading Rules Exposed

Shares
Picture of WD Gann

William Delbert Gann, also called WD Gann, was a finance trader who developed a technical trading tool known as Gann angles. Just as impressive as the trading tool he developed are the rules he traded by. Those rules range from basic money management principles to the all-important mental game. However what’s truly amazing about these rules is […]

Continue Reading

Never, Ever, Ever Add to a Losing Position

Shares

As Forex traders, it’s important to always look for confirmation before putting on a position. This is just as true when adding to an existing position as it is when putting on an initial position. For the initial position, we can use patterns and levels combined with price action signals in the direction of the […]

Continue Reading

How to Use the News to Gauge Market Sentiment

Shares
Forex market sentiment_New1

As you may well know, I’m not a fan of paying attention to the news. Most of it bores me to tears if I’m honest. Not only that, but paying attention to the news can create a lot of mixed signals, leaving you stuck in a constant state of analysis paralysis. That said, the news […]

Continue Reading

Forex Price Action – Learning to Read the Angles

Shares
euraud daily forex chart

The internet is flooded with talk of pin bars, inside bars and engulfing bars. But what about the story behind the price action on your chart? And not just the key levels you have identified. I’m talking about the angle at which price moves within a market. Becoming a successful Forex trader through the use […]

Continue Reading
1 27 28 29 30 31 35