Tips and trick from traders on how to become a better trader.
As you learned in the first Whiteboard lesson, the market will go up, down, or sideways. It’s possible to profit in any trend, but only if you know how.
Join Adam as he shows you how to pick out a trend, trade that trend, and what indicators can help you along the way.
There is no need to register to watch this lesson or this series and please feel free to share with friends and fellow traders.
Enjoy!
The MarketClub Team
We all trade differently, but one of the main differences is belonging to one school of thought or the other when it comes to fundamental or technical information.
In today’s MarketClub Minute, Adam shares his thoughts on both styles and which he prefers. If you have just one minute, click here to see what he has to say.
Best,
Adam and The MarketClub Team
Now that you've started working on your trading confidence, it's time for the second lesson in The MarketClub Minute series. So take a minute and see what the next step to improve your trading will be.
The MarketClub Minute - Lesson 2
Best,
Adam and The MarketClub Team
In the centuries that people have been trading and charting, those same people have noticed that the market will repeat itself time and again. By studying these patterns, they were able to ascertain that when X occurs, it’s a smart time to do Y.
Do you know what you’re looking at when you open your charts?
In this second installment of the Trader’s Blog Whiteboard Series, Adam shows you what you’re looking at, what it means, and how you can profit by paying attention to these formations.
There is no need to register to watch this series and please feel free to share with friends and fellow traders. Lesson 2 is waiting...
Enjoy!
The MarketClub Team
At MarketClub our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals -- no matter which way the markets move -- with objective and unbiased recommendations not available from brokers.
The Trader's Toolbox posts are just another free resource from MarketClub.
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"Japanese candlesticks, which have been enjoying the spotlight in recent years, are difficult to explain in one
broad brush. Candlesticks draw on the same open-high-low-close data as do bars. Here the length of the bar, or “candle,” is determined by the high and low, but the area between the open and close is considered the most important.This area, the “body” of the candle, is filled with blue (or white for most charting programs) for closes higher than open, and is filled with red (or black from most charting programs) for down days. The wicks above and below constitute the “shadow” of the candle, or high or low.
No pattern is 100% correct, but these formations are often time incorporated into many mechanical systems and can provide as great information source for the naked eye...."
Revisit the Trader's Toolbox Post: "Candlestick Formations" here.
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