As you already know, technical analysis is the way we study the psychology of market participants. Tools for the analysis were given in the technical analysis block. Here, let’s break down participants into three categories: those who are positioned long, … Read More
Failure Test Trade Type: Support/resistance holding or trend termination. Concept: Markets often probe beyond significant price levels to trigger stop orders and spark activity. However, these moves frequently lack genuine conviction and quickly fail, reversing once the stop orders are activated. … Read More
Plan A way to make money in the market is to have a detailed plan. There is no game if there is no plan—you will hustle, you will stumble, you will lose. A trading plan is essentially a series of … Read More