Some of you may have already heard of candlecharts. Probably, many more of you have not. In December 1989, I wrote an introductory article on candlesticks that precipitated an immediate groundswell of interest. It turned out that I was one of the few Americans familiar …

The truth about Fibonacci levels is that they are useful (like all trading indicators). They do not work as a standalone system of trading and they are certainly not the “holy grail”, but can be a very effective component of your trading strategy. But who …

Trading is a business in which the more knowledgeable have the advantage over the less knowledgeable. It’s a shame that most traders end up spending countless hours and dollars searching for and acquiring the wrong kind of knowledge. Unfortunately, there is a ton of misinformation …

I believe that success in the Futures markets is achieved thru the disciplined practice of simple and common methods. Using some previously undocumented techniques, this manual describes a simple but effective method of trading a well known price pattern referred to as a “Symmetrical Triangle”. …

The goal of any trader is to turn profits on a regular basis, yet so few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful? To me, the determining factor is psychological—the consistent winners …

Take two traders. Give them the same starting capital, the same trading platform, the same market, and the same trading system with precise rules for entry and exit. Come back a month late and what will you find? One trader will be up 20%. The …

The Non Farm Payroll Report is released (generally) on the first Friday of the month at 8:30am Eastern US Time, and it contains information on the employment situation in the United States. A strong Non Farm Payroll number reflects a robust, growing economy. A weak …

The stock market has traditionally received the lion’s share of attention in the trading industry, but foreign currency (forex) trading has surged in recent years. Forex’s 24-hour access, liquidity and high leverage has attracted many active traders. Intraday traders can respond immediately to breaking news …

“Money alone sets all the world in motion.” Pubilius Syrus Maxims 1st century BC Most people dream of being totally independent and self-sufficient financially. These people spend millions of pounds on lottery tickets, hoping to be the lucky one to scoop the jackpot. There is …

Unfortunately, most forex traders lose out. Profitable trading is reserved for the select few. Expectations drive reality for many things in life, and successful trading is no different. Most forex traders have three preconceptions about successful trading. These are the three myths of successful trading, …

The concept of currency in civilization dates back to the ancient Egyptians, but the ability for the average individual to participate in the speculation of currency is a relatively new concept. As technology improves, so does the ease of access to the markets; compliments of …

THIS BOOK EXPLORES the application of intermarket analysis to the foreign exchange market, the world’s largest and most widely traded financial market. Intermarket analysis helps traders identify and anticipate changes in trend direction and prices due to influences of other related markets as financial markets …

Thanks to the Internet, tens of thousands of individual traders and investors all over the world are discovering the excitement and challenges of online trading in the forex market. Yet in contrast to the stock market, the forex market somehow remains more elusive and seemingly …

High Probability Trading Strategies is one of the few trading books from which you can learn a complete trade management plan from entry to exit. If you are a new trader or one who has not yet found consistent success in the business of trading …

The global forex market, being the world’s most liquid financial market, offers many exciting opportunities for traders to profit from exchange rate fluctuations. And the development of sophisticated online foreign exchange  trading platforms in recent years has attracted many traders to the market – traders …

The purpose of this book is to share some of the tips, techniques, and observations that have worked for me and other highly successful traders. After nearly 23 years as a registered broker in the futures and options field, I have come to know quite …

Would you like to learn a technical system refined by centuries of use, but virtually unknown here? A system so versatile that it can be fused with any Western technical tool? A system as pleasurable to use as it is powerful? If so, this book …

If “the trend is your friend,” what happens when there is no trend? This is more than just a rhetorical question, since markets tend to move sideways much more frequently than they trend. For example, currency markets are particularly well known for long-term trends, which …

One of the key elements of any trading system is market timing. Many traders fail to account for timing when making trading decisions, and those who do often rely on their instinct of market timing rather than empirical data. The sophisticated investor uses advanced timing …

The Foreign Exchange market, also referred to as the “Forex”or “FX”market, is the largest financial market in the world, with a daily average turnover of well over USD 1 trillion –30 times larger than the combined volume of all U.S equity markets. Unlike other financial …

Forex – What is it? The international currency market Forex is a special kind of the world financial market. Trader’s purpose on the Forex to get profit as the result of foreign currencies purchase and sale. The exchange rates of all currencies being in the …

Foreign exchange is simply the mechanism which values foreign currencies in terms of another currency. An exchange rate is, therefore, the price of one currency in terms of another.

When I was asked to write an article for Stock Futures & Options, my original thought was to cover some of the more useful technical analysis topics that are so crucial to charting the markets. But as I considered the bigger picture, I felt it …

Many traders aspire to be successful traders, but few succeed. An amateur trader looks at the Trading platform, makes a trade and loses, makes another trade and loses more. Traders lose because the game is hard and they trade with emotions, lacking a purpose and …

This guide is written for both people who are new to Forex as well as those who have experience with trading in the Forex market. Written exclusively for traders by our professional Forex dealing staff, the Guide to Currency Trading provides as essential overview of …

The purpose of this ebook is to introduce the forex market to you. As with many markets there are many derivative of the central market such as futures, options and forwards. In this book we will only be discussing the main market sometime referred to …

Our aim at S.T.I. is to make Technical Analysis as simple and uncomplicated as possible. We will try to explain the concepts of each indicator in Plain English and include examples where possible. No indicator is 100% accurate but by the use of several at …

When I started trading in the commodity futures markets over 35 years ago, the industry didn’t even have a name. Today, the business has grown to the point where there are a myriad of ways to describe the funds that operate and their many styles …

This book is a simple, practical guide to swing trading. For years I have been reading books and exploring web sites that are dedicated to swing trading. Yet, I could not find any simple description of how to enter and exit a trade. So I …

Many People, excited by the opportunities presented in the markets, leap before they look. Some people find temporary success “winging it” or learning as they go. However, more often than not, that approach results in massive drawdowns, despondency and closed trading accounts. Newcomers to the …

For the successful trader know every action he takes, every decision he makes he, and only he, is responsible for that action. you will never meet a successful trader who is looking to blame someone else, or something else for the consequences of his results.

This ebook is my attempt to teach you that you don’t have to take a pill in order to be a great trader. You just need to focus on some simple tools.  

Even though fewer than 15-25% of all people who trade futures are successful over the long haul, there is a small group of elite traders who consistently make huge profits hundreds of thousands, even millions of dollars a year!

The success that a trader achieves in the markets is directly correlated to one’s trading discipline or lack thereof. Trading discipline is 90 percent of the game. The formula is very simple:Trade with discipline and you will succeed; trade without discipline and you will fail.

Why is it then that there is such a large number of trader failing? It is not because they are tupid; in fact most traders have an above average IQ and are above average in most categories such as education and income. So why do …

We want to start off by telling people that we suggest you paper trade any system you buy, including this one.