How to read a Candlestick with NO top or bottom wick?

Camdlestick without wick

Every candle that is printed on the charts has a meaning. As a trader, it is our responsibility to understand & interpret the meaning to increase the chances of our success. No indicator can tell the actual meaning other than the candlesticks. Before understanding the NO wick concept let’s understand the basic characteristics of any […]

Focus on Taking 1-2 Trades Every Day for Consistent Results

Avoid Over trading

After selecting the best trading session; next move is to take 1-2 trades every day. I know it’s a hard call but it is to be applied for a reason. Traders who take multiple trades every days are not focused. They randomly execute trades. On losing they open a revenge trade & loose further. In […]

Focus on 1 Trading Session – Asia, London or New York

Asia London New York Session

After selecting & focusing on 1-2 Trading pairs. Next task of a trader is to identify which trading session is feasible for them to trade. It is nearly impossible for a trader to trade all sessions and stay disciplined. Also if you are planning to become a full time trader; focus on 1 session needs […]