Our love of indicators can be thought of as favorite foods, served on fine china (charts) and manipulated by exquisite silverware (money management and trading psychology). The trick is to find those indicators which not only appeal to us, but actually serve a useful function; and be tasty too! It Takes All Types In this … Read more
We use the MetaTrader 4 (MT4) platform for a number of reasons. First, and foremost – it’s what most brokers use. Second, it’s very user-friendly. Third, it has the largest public (free and pay) library of indicators available AND permits you to effectively back test. If that doesn’t convince you to use it, then I … Read more
We have often heard traders make the claim that one currency pair is “easier” or “difficult” to trade over another. My response was a bit shorter on Quora, but here…you’ll get the full story. We will examine the claim by other traders and why it really doesn’t belong in our trading thought process because it … Read more
Whether you’re a brand-new trader or an old hand, understanding exactly what a pip represents and the correct way to interpret the value between currencies is of utmost importance, since pip values directly translate to profits and losses. How Small Can You Go We explain it in our courses but, it bears repeating as a … Read more
Hearing the terms “non repaint indicator” and “repainting indicator” may have you wondering what the difference is. At some point in your trading career, you may witness laser accurate trading signals from an indicator and thought you’ve found the Holy Grail. You are not alone…present company included! Lots of Stuff Out of curiosity, I did … Read more