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Japanese candlesticks have been one of the most revolutionary innovations in trading. In spite of its simplicity, Japanese candlesticks had so much impact in technical trading. In fact, most traders today use…

Gold price has sensed selling interest around $1,930.00 as a risk-off profile has emerged. Rising yields on US Treasuries have provided a cushion to the US Dollar Index. US firms are hoping for a bleak economic…

Natural Gas, Head & Shoulders, Doji – Technical Outlook:Natural gas prices set for worst 2-month drop since 2008Bearish Head & Shoulders remains a key technical driverDaily chart reveals Doji candlestick pattern at support…

Price action is the movement of price over time, this movement leaves behind a ‘footprint’, the footprint of money. This footprint, once understood properly, reveals to us the story on the chart…  Price action analysis is the act of…

GBP/USD has dropped after facing barricades around 1.2400 despite the upbeat market mood. Volatility to remain squeezed ahead of the Fed-BoE interest rate policy. An oscillation by the RSI (14) in the 40.00-60.00…

You might be shocked to hear this, but there aren’t many differences between you and a professional hedge fund manager. The only real differences are the balance of your trading account and your ability to control yourself.   The world’s…

So, you want to be a successful trader who makes money consistently in the markets? First, ask yourself this: Do you have a successful mind? You simply cannot achieve the former without first developing the latter.   Before we go any…

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change…

A common question beginning traders ask me is whether or not I use intraday or “lower time frame charts” and if so, how do I use them? For the most part, the answer is yes, I do use intraday charts. However, (you knew there was going to…

Body: Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Global market sentiment continued improving this past week. On Wall Street, the Nasdaq 100, S&P 500 and Dow Jones gained 4.32%, 2.47%,…