Trading University Daily

In financial markets today the tempest is never contained to the teapot. Because of the nature of markets, leverage, and margin, a small, somewhat obscure market like silver can have an outsized effect on the world’s currency markets. Even a modest correction lower at this point in the precious metals complex could likely create a [...]

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 before a playoff game this past season, the Chicago Bears quarterback, and one tough competitor, Jay Cutler [...]

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 higher time frame trends. From there it’s just a matter of waiting for a price dip [...]