Chart of the Week

A Big Step Toward Avoiding the Indicator Madness

If you are like many that are new to technical trading in the markets, the flow of the “indicator madness” is unavoidable.Virtually every stock market education service on the Internet, TV shows...
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Why Stop Losses Are Your Friend 

Trading without a stop loss and/or not taking stop losses is the number one reason most traders fail. If you are one of those that conceptually understand them but still have issues in using a stop loss, then this article will help change your beliefs and actions –...

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A Key Component of All Successful Traders

It perplexes us that many traders haphazardly jump into trades and risk significant capital without having a carefully thought out plan. You should create the plan before the trade, not during. This helps keep the guesswork and emotions out of trading, and to focus on...

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Learn the Breakout Bar Failure

In this Chart of the Week video, I will cover the Breakout bar Failure (BBF) pattern I talked about in a YouTube video last week. The pattern was just developing and had not failed yet. I actually looked great to move higher, but I said what to look for. The BBF can...

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