What is a risk to reward ratio? A risk-reward ratio is a calculation of how much you are willing to risk in a trade, versus how much you plan to aim for as a profit target. The basic principle behind the risk to reward ratio is to look for opportunities where the reward outweighs the risk. The greater the possible …
A lot of people talk about the ultimate winning strategy – which, to be clear from the beginning, doesn’t exist. But what most of these ‘experts’ usually don’t tell you is what actually gets you towards your goals and the money you want when trading. The Power of Mind Some people say that the market never goes straight in one …
Let’s face it: in today’s world, with a myriad of websites and brokers to choose from, looking for the right broker that suits your needs can be challenging and quite time consuming. But don’t worry, we made it our mission to simplify this process for you and give you the best overview of what’s available on the market and under …
In this article we will be explaining the three most critical stages of price movement. Stage one is the trending stage, followed by the ranging stage and stage three is the transitionary stage. These are the three most important steps of the price. Price moves through these stages over and over and over and thinking about price in these various …
Candles are a highly detailed story about what prices had done recently and what it is doing right now. The picture on the left is a reversal pattern? No, this is just some indecision at the end of a trend. It might be a transitionary period, or it might be a short range or resting period from which price will …
When it comes to price action, recent data is most relevant. What price is doing now is more important than what price is doing three days ago or two weeks ago. This goes right down to the candle level. If you’re looking at a four-hour candle, the last hour of the candle’s life is more important than the first hour. …
Keep It SimpleTable of ContentsKeep It SimplePsychologyFinding an EdgeTaking Profit Stop lossMoney and Risk ManagementRisking your moneyExposureReward RisksMoving SL to BEScaling OutYields not Pips The best traders out there are the ones who can learn and master simple price action strategies. There is truly no reason to over-complicate things in Forex. The best way to be profitable is to …
