Trading University Daily

When it comes to trading, simplicity is the key. On this GBPUSD chart we can see from the trend lines in blue below the market that both the intermediate and long-term trends are higher. Trend lines are great not just for support or resistance but for reminding us of the overall trends.  By keeping our short-term trend [...]

We all have a voice in our head that we confuse as our own. Dr. Bill Williams, the trader and author of “Trading Chaos” calls it a “drunken money” and understands that this is actually normal. Most of us intuitively understand to ignore it, because it’s silly. It’s just residual noise that’s been recorded in [...]