Tag Archive for: Trading strategies
Strategy of using the footprint through the example of wti oil
Today we continue a series of articles about the strategies of use of the Footprint chart through the examples of various financial instruments. This time we will consider the Footprint chart of crude oil, which is the most important financial instrument of the modern futures market. In this article: Review of the crude oil futures […]
Front-page weekly events and key news
Enthusiasm again prevails in the world financial markets. The S&P 500 index reached maximum values from the beginning of March. One might think, when looking at quotations, that the economic crisis came to its end. However, it is not so. Promises of officials, which eased the feeling of fear of investors, dictate the rules again. […]
Time stop. How to use the time factor in trading
The time factor in trading is often undervalued. Theoretically it may help traders to make more efficient trading decisions, move up the bottom level of profitability and facilitate an immediate closure of loss-making positions. The time factor could be used by different types of traders for improving the decision making process regardless of the trading […]
How to develop a trading plan: 10 mandatory steps. Part 1
Trading is a business and if you want to be successful you should treat trading as a business. The only way to be a successful trader is planning – there is no other way. There is a saying: “Absence of a plan results in the failure of your plan”. It might sound weird, but this […]
Studying trading: 4 secrets of personal efficiency
How many hours a day do you devote to study trading? We mean study of the volume analysis, price structures, charts and any other information, which is required for trading. You didn’t notice how the time passed by but you didn’t manage to learn much, did you? Then this article is for you! When it […]
How Footprint Charts Work. Footprint Patterns
Traders used to apply only the fundamental and technical analysis in the 20th century. They didn’t see what took place inside the candles. The cluster analysis or Footprint emerged in the 2000s. In this article for beginners we will analyze: What Is Footprint and Cluster? Types of Footprint Footprint Patterns Buying and Selling Exhaustion Balanced […]