If you any of these news being released and if you have open positions - just close them. That's pretty much fundamental analysis!

fundamental analysis for beginners

Alright, that is a great question. I guess for me, it's all about confluence. First of all, I check the ADX. If it shows that we are below 20 / 25, then it means that the momentum is weak, which is a chop signal. Secondly, I try to look at the price ...

Trailing Stop or Take Profit?

Personally, I do use trailing stops sometimes to take profit, especially when I want to let the trade run a bit. Instead of setting a fixed TP, I just move the stop with the price and let the market decide how far it goes. If the trend keeps going, ...

Trailing Stop or Take Profit?

That's the right approach, no system is going to give you 100% wr. Even if your strategy gets 51%, you can scale this, key is stability.

The Basics

Totally support your mindset mate. You hit the nail on the head, as fighting emotions only makes them stronger. By acknowledging greed and fear instead of denying them, you strip away their power. It’s like shining a light on a monster, suddenly, ...

How do you control your greed - practically

I trade with the fairly same trading strategy. I guess every second nasdaq intraday trader is looking for IFVGs nowadays. However, I noticed that you don’t look for any SMTs, you have two NQ charts opened (I understand that one is from topstep for ...

Nasdaq-Simple Intraday Strategy

I feel you… I got the same false trigger on the US500 today, but I managed to get out earlier. You got really hurt from what I see on the chart. You use the upper range as an exit point? I adjusted to 50% of the range, since I did that, I cut the ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Most likely, I’d pick VWAP. It’s honest. I mean it tells you the data honestly - how the market actually trades. Average price to volume weight. In other words, it shows where the most trading activity has taken place. Many indicators rely on price, ...

Your forex best indicator

At least he could use indicators as an entry confirmation. No need to apply 5 indicators simultaneously to show off your charting skills. But how to understand the right entry point, based only on support and resistance lines? To me, this is crazy, ...

No Indicator Trading System