20 Trading Rules That Stood The Test of Time

The following article was extracted from http://ift.tt/1kgL6jt. The original article can be found here. Donchian Trading Guidelines Introduction First published in 1934, many of the 20 trading guidelines from Richard Donchian are as relevant today as they were during the golden age of technical analysis. Considered by many as the father of trend following, Donchian […]



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Kiwi Bat in Play Now!

Wow! It has been a real volatile week in FX for me. Approaching the end of this week, I found this Bullish Bat Harmonic Pattern on the H4 chart of NZDUSD, and its currently in play. This pair has kept its recent price action in a range and as price approaches the bottom of the […]



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Will The Cypher Stop The Aussie Bears?

Looking at AUDUSD daily charts, it is quite evident that the momentum is with the bears for now. For those who are short on this pair, you might be wondering where would be a good target to aim for. Well, I spotted a pretty good looking Bullish Cypher Harmonic Pattern forming up on the daily […]



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Batting on Tesla

To say that I’m impressed with the performance of Tesla Motors (TSLA) stock price so far would be an understatement. Unfortunately, I late to the game and did not get in to enjoy the massive ride up so far. But TSLA is now making a correction. And lo and behold, I’ve found what looks like […]



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The 5 Market Truths

1. Anything can happen 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing […]



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[FX-USDSGD] No Go For This Bat After NFP

The price movement as a result of the Non-Farm Payroll announcement made sure that the Bearish Bat Harmonic Pattern I blogged about in my previous post is a no go. The price has moved down and almost broke below Point C. Even though Point C was not violated to the downside, the most recent price […]



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[FX-USDSGD] Bearish Bat Harmonic Pattern Spotted

Here’s one from my home currency… A potential Bearish Bat Harmonic Pattern forming on USDSGD 4-Hour Charts. The potential reversal zone is around the 161.8% extension of the BC leg and the 88.6% of the XA leg. I will be watching the price action when and if price reaches this zone. In this particular case, […]



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