When you trade you have to deal with two risks. One is the risk of trading in general and the other is the specific risk of the trade you are thinking about at that moment. The first risk is quite easy … Continue reading
Why use a Currency Strength Meter or Indicator?
When trading forex you work with currency pairs: one currency is the base currency and the other the counter currency. If the price on the chart goes up, that could mean either that the base currency is gaining strength, that the … Continue reading
The VPOC indicator
I just added a new indicator to my trading setup called the VPOC indicator. I do not believe in trading robots or the use of lots of indicators to “decide” for me when to open or close a trade. However, I use Japanese candlesticks … Continue reading