Archive for the ‘Options Trading’ category
How to use Amibroker to practice chart reading bar-by-bar (A video guide)
May 16th, 2010Posted in Featured, Forex Trading, Options Trading, Others, Reading Price Action
3 May to 7 May
May 2nd, 2010This week, I’m going to do only the following type of trade:
- Failed breakout of trendlines, coupled with
- outside candles, or
double high lower close/double low higher close, or
matching lows/high.
Posted in Options Trading
Axioms of Trading
April 20th, 2010- The trend is your friend
- Always try to enter after (two) pullbacks
- A failed signal is one of the most reliable signals (e.g. failed breakout of trendline)
- Bull and bear traps further increase the probability of success
- Indicators are lagging; price action provide much better entry points
- When in doubt, or when there’s contradicting information, DO NOT TRADE
