Trading Educators Blog

Optimized entry (green vertical line on the chart below) or exit (red vertical line on the chart below) is part of seasonal patterns. For example: the spread X–Y shows a strong seasonal up move in July with an optimized entry date on July 3 and an optimized exit date on July 28. This means “usually” the spread moves up between July 3 and July 28, but this is just based on statistical data of the p...

Trading is nothing more than a long, random statistical run. An experienced trader knows that even if he is in a losing streak right now, as long as he sticks to his already approved trading plan, he will come out a winner in the long run. This is why becoming angry is pointless. In fact, it is worse than pointless, because heated emotions often lead to poor decisions in subsequent trades. In such...

Market technicians tend to peer into market detail from the point of view of mathematics and statistics. A market technician will present you with something like: “There are only four range possibilities for a price bar for any chart time frame: The outside bar; the inside bar, the higher high and higher low, and the lower high and lower low. Using only the open, high, low, mid range, and close da...

Whenever the Federal Open Market Committee meets and releases its rate decision and its statement, it’s seen as one of the most important data releases in the markets in the currency markets. And it is, as sometimes there’s a real surprise that can have a huge impact on the markets. Because of that the whole FX world goes crazy days before it and waits for the statement in anticipation of big move...