Growing Traders

What makes this article different than others? This isn't a standalone article but rather is a part of series of articles which I have written about Trendlines. I wouldn’t be mistaken if I say that Trendlines are the most used trading tool in technical analysis and how much you know about these trendlines alone can define how you perform as a Trader. A topic of this importance, and yet most authors try to explain this gem in a single article and by just explaining the basics. This article is about basics so if you have already been in the market and have an idea how a trendline looks and performs, you can jump right to the next article in the series where I have defined the Essential features of Trendline. The link is at the bottom of the article. So, let’s now get going. Before we understand trendlines, we need to understand 'Swing Highs' and 'Swing Lows' or 'Peaks' and 'Valleys', as they are otherwise known. Price doesn’t move in a straigh...

I will be writing and sharing the weekly outlook of the market from the next week and I am going to share some chart ideas every week which interest me and most importantly why do they interest me. So please follow the page if you are interested.

If you are here looking for the best timeframe, this simply means that you know what chart timeframe means. It simply means how much time does a single movement on the chart takes to happen. In a candlestick chart, that movement is denoted in the form of a candle, like, hourly candles, daily candles, weekly and monthly candles. For example, The image above is a ‘Daily’ Candlestick chart of GBP/USD which means that each candle represents a whole day of trading. On the other hand, the chart given below is a 4-hour candlestick chart of GBP/USD which means each candle in this chart represents 4 hours of trading activity.   New traders often struggle to decide one of the most important aspects of trading, which is the timeframe. The timeframe of the chart they should be looking at to find a profitable trading opportunity. Whether they should be looking at the hourly candles or the daily candles or the 5 min candles? Which time-frames work and which don’t? Th...

Trading is one thing that fascinates the majority of people out there who are looking to make money. Every other person gets involved in the stock market one way or the other to make money, some as investors and some as traders. As achievable it may seem, if you have tried your hand in trading, you already know that it isn’t that easy. The thing that looks so straightforward when we are sitting at hand looking at charts, becomes near to impossible when we are trading. In the end, Stock Market leaves a vast majority of participants dissatisfied and feeling betrayed. The question that arises in most people’s minds is, “What are the factors that separate the consistently winning traders from not so consistent traders? Is it the more market knowledge or are they just really gifted?” The market generates information that is neither bullish nor bearish. It is we who perceive the information in a certain way, which is either bullish or bearish. It is certainly easy to presume that the...