Throughout my journey in the markets, I have yet to find a fool proof way to guarantee profitable trading, but what I am certain of is that you owe it to yourself to fully understand the products and markets that you intend to trade before risking a singl
To get a computerized system edge, you need to figure out the basic human trading weaknesses and include them in your software. Anyone can buy a trading system these days, but it will have little value unless it is unique and different from the crowd.
If you have ever struggled with understanding Fibonacci, then this article is for you. I am a huge Fibonacci fan and it plays a big part in my trading so the following will explain how I use it to trade successfully.
Parallel channels are one of the most commonly seen patterns in charts. They give many opportunities to profit whether or not the market is trending. In this article we take a look at how to identify the channels and when and where to take the trades.