Today I closed a winning trade on the EUR/USD. If I didn’t use the Alternative SL approach (which I use for all my swing trades), this trade would have ended up as a losing trade! Lets now have a look at the reasoning behind the trade: The reasoning behind the trade (EUR/USD long from 1.1414) […]

All my trading levels are based mainly on volume-based strategies. However, when I do my analysis I also look for Price Action strategies that would confirm my volume-based levels. The more confluences with other strategies I find the better. One of my most favorite Price Action strategies goes like this: Support becoming resistance (and vice

There is a big difference between trading as a hobby, trading part-time and trading as a pro forex trader. If you want to trade for a living then you need to do certain things that will get you there. It is not easy and there is not that many of us that actually make it.

Sometimes there are periods when the markets are really calm, there is lower volatility and less trading opportunities. For example right now. It seems that the Summer has finally hit the markets and that the institutional traders and managers went with their families on their vacations. Summer is not the only calm period. Another usually

Every good trader that I know has a different personality and therefore a different trading style. There are, however, some common traits that all the pro traders I know have in common. This is no coincidence. A huge part of their success is actually attributed to those traits! There are unfortunately so many traders who

There has been a pretty significant sell-off on Gold since April 2018. The sellers are clearly strong and they are pushing the price lower and lower. In such cases, I look for significant volume areas to enter my trade. I enter it in the direction of the trend. ENTRY POINT Below, is a Daily chart

A friend of mine asked me recently if it was possible to trade forex and still keep his full-time job. It is quite natural that people want to keep their job and not to jump into trading head on without any backup. Especially when they are new to trading or if they are still learning

I would like to show you an alternative way how to manage your Stop-loss. It is not very common method, but I have been using it in my swing trading  for several years now and I find it much more effective than using standard Stop-loss methods. With the Alternative SL approach, you don’t quit your

A few months back we ran a webinar with NinjaTrader to break down our Advanced Volume Profile indicator and how we use it in our trading. The duration of the webinar was limited, so I didn’t have time for a Q/E section, but we did receive many really good questions posted in the chat, and