Author: Trading University

In Gann’s work the area on a price chart between the .375% and .625% retracements was called “the pipe” because of the two-tier price range the levels often create. In this chart however we chose the numbers 33% and 66% which...

If you have even one weak spot in your trading plan, it will keep you from consistent success. Most have several weak spots to overcome before they find consistency. The most common is misunderstanding and accepting risk. Just...

I have learned many things while conducting Live Market Exercise for our clients and the most important is expect simplicity. Today we focused on GBPUSD for the same reason I focus on most markets, because it was aligned on its...

There are two key advantages to doing your Forex business on a platform that also handles futures business. • You can keep the bulk of your funds on the futures side of the account where your money is segregated from the...

“It’s like deja vu all over again” was one of many quotes from the former New Yankee player and manager Yogi Berra, who put more emphasis on work ethic and results, than on style and appearance. I thought that quote apropos in...

The first thing I do every morning, before opening my screen to the clients, is make a determination as to which currency markets are in uptrends, and which currencies are in down-trends. I rely on the current direction of both...

The bluegill – a small freshwater sunfish – has such a tiny brain that you can catch the same fish over and over again over the course of a morning. Because it has such an inefficient memory you can hook the bluegill and throw...

Clovernest Daily Forex Report for 2/15/11 with industry veteran Jay Norris To view the video click on Clovernest Daily Forex Report Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and...

This morning during the London session we highlighted GBPJPY — aka The Dragon — in our Live Market Exercise because we recognized it as having an attractive price pattern – lined up on it’s higher time frame trends –and thus a...

Trendlines are, in my 30 years of experience, the most important structure – support or resistance — on the chart. Not only do they identify price patterns, and help identify significant shifts in leading indicator markets –...