Trade like a Samurai
Japanese candlestick charts are arguably the most commonly used charts. It has not always been that way. Candlestick charting techniques were only introduced to Western traders in the late 70s by Steve Nison.
Continue reading “Trading with Japanese Candlestick Charts”
Support and resistance trading is one of the basic building blocks of trading. Not only is it a basic building block of my trading, but also of most trading done by professional traders. So even if your trading system does not incorporate support and resistance it is still good to understand it and take notice of the most important price levels. Just because many traders are watching these levels, prices usually will react when they get there. Support and resistance are all about “Bulls and Bears”, aka “Buyers and Sellers” and how price itself affects their behaviors/decisions.
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By asking what people want to learn from me, it became clear to me that I should continue the Getting Started Trading series by showing how I trade myself and how I produced my trading results. I am talking about trading here, not investing.
Continue reading “How I trade: trading concepts to profit from the markets”
