Forex and Futures Training
By Bruce Banks
Key concept to understand: Volatility VS Liquidity. We tackle both of these in this video, and their key differences. You need to understand, as a trader, how volatility and liquidity both effect your trading.
This topic is important to understand because you need to know the details of each market to efficiently trade it. [Read more…] about Volatility VS Liquidity Video
By Bruce Banks
Every trader has been in the exact same spot at one point in their career. Where they are just an aspiring trader who is starting in the markets because they want to become successful traders. You may be just looking into your first trading articles, or you may have already been studying chart patterns and basic trading methods. Either way, this video for aspiring traders will help you miss some of the common pitfalls, and problems new traders face.
As and aspiring trader you need to have your guard up when entering the market. Without knowing some of the basic pitfalls because you are still learning, you are more open to unnecessary losses. Keep these 5 tips in mind when you start trading.
[Read more…] about Aspiring Trader: Top 5 Tips To Get Started
By Bruce Banks
When you are choosing a trading method often a simple but important choice is the very type of chart. This can range from time based, tick, range, and Renko to name the most popular. In this video, and article we will focus on the Renko Chart trading vs Range chart trading. Both of these use solid bars therefore look similar. The way they present the data that you get is entirely different.
[Read more…] about Renko Chart Trading VS Range Chart Trading
By Bruce Banks
Multiple time frame analysis is key in trading low time frame charts. You can be trading 5 minute charts, 15 minute charts, or hourly charts. Each of these benifit from an analysis from a higher time frame.
This is because a trader only looking at a single time frame has his blinders on in all directions. He needs to be looking around to understand the entire view of the market, and what is happening. With multiple time frame analysis, you take the higher time frame key points of resistance, support, highs/lows, market events, and then you apply them to the lower time frame to find better entries and exits.
By Bruce Banks
In this comparison video between tick charts and time charts, we break down how they are formed. This allows you, as a trader, to understand when to use tick charts in your trading, and how they can give you an edge over some of the standard charting methods.
Key points about tick charts before the video starts:
Bruce Banks