Trading

This category consist of price action trading related blog posts.

Drawing support and resistance

3 precise steps you need to draw accurate support and resistance levels.

You can’t trade support and resistance successfully if you don’t know how to draw them. You first need to learn how to draw support and resistance levels correctly before you should be thinking of trading it. A lot of new traders find it difficult to draw these levels. They make the mistake of drawing lines …

3 precise steps you need to draw accurate support and resistance levels. Read More »

support and resistance

What is support and resistance and its challenges in the forex and futures market.

If you have a good understanding of how support and resistance works, your trading results will become excellent. A trader cannot be successful without support and resistance, whether you trade currencies, stocks, commodities or any other financial instrument. Support and resistance trading is a strategy that is been implemented by millions of traders all over …

What is support and resistance and its challenges in the forex and futures market. Read More »

Risk management trading

Risk management: How to perform position sizing in forex and futures market

Risk is everywhere. When you drive to work every morning or you take a flight or you take a bus to a certain destination. There is this risk of mechanical failure. A house can be destroyed by natural disaster. A business can collapse. But we can manage them by taking precautionary measures. These risks can …

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Breakout trading_evestlifestyle

Breakout strategy: 3 expert ways successful traders avoid false break out.

The marketplace is a battlefield, a war between buyers and sellers. Sometimes the buyers win, sometimes the sellers win. But most times they are of equal strengths, there is no winner or loser. I’m referring to a consolidating market. In war books, war documentaries and movies, the generals or warlords are constantly planning on how …

Breakout strategy: 3 expert ways successful traders avoid false break out. Read More »

trending timeframes_evestlifestyle

What is the best time-frame to trade trending markets without second guessing.

When I first got started with trading financial instruments. I admired trend traders a lot. I wanted to trade the trending markets. But I always got confused what time-frame to trade. I switched from weekly to daily time-frame to 5-minute time-frame. I move around the hourly to minutes time-frame. The inability to decide which timeframe …

What is the best time-frame to trade trending markets without second guessing. Read More »