How much can you earn as a day trader

We often get asked how much you can earn as a day trader. And as you probably have guessed it’s almost impossible to answer. It all depends on your ...

Keeping Calm with Bollinger Bands

One of the important issues for many trades is their mental state while trading. How do we keep calm when a trade goes a bit against us and when is ...

Trading inspiration for the week

EURJPY We are starting up hard with EURJPY since the week has been very volatile. Right now the trade is short with 2/3 of the position from 134,650. The last 1/3 can be ...

The unknown trend tool

As you know I love to trade by using trend channels. Some times we se a bread of a channel and we should start looking for trades in the opposite ...

Do your Forex homework

As many of you know I write a 50 page market analysis every weekend to prepare for the week. I have had a lot of questions about how I use this ...

Analysis of EURUSD and German DAX

There is not too much to trade from my point of view this week. But here is my take on EURUSD and German DAX Click here to see our overview ...

Yet another DXY analysis

When I look at the dollar index isolated I see a clear strength with plenty of room to the next resistance level. When the USD back in march/april was ...

New Analysis of DXY – Dollar index

DXY the index scaled 95.000 to hit its highest level since Q3, partly on a healthy US Q3 GDP beat, but also on strong earnings and benefiting indirectly from Eur weakness ...

Playing the Gap

In this article, we will look at the term “gap”. We will look at what a gap is, how to deal with gaps and some statistics about gaps in the ...

Corrective Waves

In Elliot Wave theory, one distinguishes between Corrective Waves and Impulsive Waves. A Corrective Wave is defined as a movement against the primary trend. That is, a so-called pull-back. An ...

Action/Reaction Lines

Action / Reaction Lines (called A/R) is one of the secret concepts of technical analysis. It’s hard even from a Google search to find correct information about the concept. ...

Webinar – Support and Resistance

We have had a successful webinar about support and resistance levels. Thanks to all of you who participated, it’s good with all the many questions you’re coming along ...

What does Price Action mean?

You often hear daytraders say something like “I’d like to see some bullish price action before I go long” – but what does that mean? We will try to cover ...

Daytrading with fractals

When we teach daytrading around the country, fractals are always a constituent part of the curriculum. Fractals help make it easier and more objective where to draw the trend lines, ...