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The Most Profitable Traders

The below list comprises a number of different observations of myself and others through experience working with traders of all shapes and sizes, and is equally relevant to all. Some of the information is rehashed
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Entering Trades

We have developed a basic technique for entering a trade at these key levels, taking into consideration two important things: 1. We do not want to miss the trade by trying to enter at the
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The Rules

As with any strategy, rules need to be incorporated into your trading plan, and followed objectively to ensure long-term consistency and success. The following rules are written for this particular strategy, though can be easily
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Stacking Bricks

I'll commonly refer to price in trending environments as stacking bricks, because you will notice over and over again that price forms “blocks” and stacks diagonally, one on top of the other. Below we have
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Fibonacci Extensions

Market technicians have been using Fibonacci levels to identify turning points as well as determining price objectives for years. We focus in on them because of the fact that they are so widely used and
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Largest Single Day Drop in the History of EUR/USD

There is just too much news to talk about tonight in depth so I’ll give you the key points: -S&P 500 up 5.27% today on optimism that the $700bb bailout plan will go through, recovering
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Dennis Gartmans 22 Rules of Trading

For those of you who don’t know anything about Dennis Gartman, he’s been writing “The Gartman Letter” since 1986. It’s a newsletter that is widely-subscribed to by banks and fund managers all over the world.
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Bailout Resolution in Sight – Dollar Becomes the Next Victim

Bailout resolution hopes are initially seeing a stronger dollar tonight, as discussed in the last update. In the greater scheme, looking for continued dollar weakness in light of these deteriorating conditions and an expected increase
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Another U.S. Bank Bites the Dust/Bailout Lingering – How it will affect the currencies

Big news out tonight is the JP Morgan acquisition of Washington Mutual here in the U.S. , but for some reason Lindsay Lohan’s coming out of the closet announcement is still getting more hits on
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