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A winning Forex trading plan should be the starting point for any journey to becoming a consistently profitable Forex trader. Yet unfortunately most traders don’t write one until they’ve blown a few accounts. Even then the task to write a trading plan often falls into the category of, “I’ll get to it when I have time”. So why do most traders […]Continue Reading
The ability to properly draw support and resistance levels is one of the most basic skills every price action trader must have. It’s also the building block for everything that comes after it, including price action trading strategies like pin bars and inside bars as well as a proper risk to reward ratio. Get it […]Continue Reading
Not all pin bars are created equal. One of the most challenging aspects of learning to trade price action is developing a set of criteria by which pin bar setups can be evaluated. We all know pin bars aren’t hard to come by. In fact, I can pretty much guarantee that I can spot at least two […]Continue Reading
So you’ve gotten yourself in a trade, now what? What Forex stop loss strategy should you use? If you didn’t know there were different stop loss strategies, that’s okay too – you’ve come to the right place! In this lesson, we’re going to cover various Forex stop loss strategies that can be used to minimize risk […]Continue Reading
An accurate Forex correlation table is a tool every Forex trader needs. It doesn’t matter if you’re a technical trader, fundamental trader or a combination of the two. If you’re trading currencies, you need an accurate Forex correlation table in order to properly manage risk. In this article, I’m going to share the correlation table I […]Continue Reading