by Justin Bennett ·
by Justin Bennett  · 

November 19, 2022

November 19, 2022

Mean reversion is a mathematical theory that is often used in the financial markets. It represents a market’s tendency to move back to the average price after an extended move. This can be an average price on a trading chart or even the growth rate of a particular economy. Speaking of timing, you may have heard the saying,

75  Comments

by Justin Bennett ·
by Justin Bennett  · 

November 6, 2022

November 6, 2022

When it comes to trading Forex, your best offense is a good defense. What does that mean, exactly? It means that as long as you maintain a defensive mindset, your chances of becoming profitable increase exponentially. For those of you who follow sports, you’ll recognize the saying as “the best defense is a good offense”. It

8  Comments

by Justin Bennett ·
by Justin Bennett  · 

November 5, 2022

November 5, 2022

The key to understanding why the markets move the way they do is being able to identify and understand chart patterns. Once you can do this, you can trade any instrument in any market. It’s that simple, at least from a technical standpoint. Why then do the majority of Forex traders fail to generate consistent

58  Comments

by Justin Bennett ·
by Justin Bennett  · 

November 3, 2022

November 3, 2022

Is it oversimplified to say that in order to become a consistently profitable Forex trader you need to only trade the best setups? Probably – I think we can all agree that this is considered common knowledge. But what isn’t so common is what makes a pin bar setup the “best”? Furthermore, how do we identify these

16  Comments

by Justin Bennett ·
by Justin Bennett  · 

October 29, 2022

October 29, 2022

Putting on a profitable trade isn’t that hard. With a 50/50 chance of being right, the initial odds of coming out ahead are quite favorable. What is difficult, however, is holding onto those profits. How many times have you had a big winning trade only to give all your profits right back on the next

63  Comments

by Justin Bennett ·
by Justin Bennett  · 

October 22, 2022

October 22, 2022

In its most basic form, Forex price action is precisely what its name implies. It’s the “action” of “price”. It describes the way a market moves, including its trends and key support and resistance levels. However, trading Forex with price action also includes buy and sell signals. When we combine these signals with key levels

53  Comments

by Justin Bennett ·
by Justin Bennett  · 

October 14, 2022

October 14, 2022

One of the more frustrating experiences when trading Forex is the false breakout. It often comes on the heels of a perfect price action pattern that seems to have everything going for it. You set your pending order, the market breaks out as expected, but before you know it the market has fallen back inside the aforementioned

15  Comments