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Day: April 23, 2020

19 posts
Using a long Wicked Candle for a Stop placement

Using a long Wicked Candle for a Stop placement

Candlestick charts, using the individual candles as well as the patterns that they form, can provide an abundance of information to the trader. An oftentimes overlooked aspect of these charts is the trading information provided by longer wicked candles – especially when it comes to stop placement. Many newer traders will decide where to place…
Paranoia of retail forex traders

Paranoia of retail forex traders

The paranoia of retail forex traders is legendary. Some of the more popular sites like forexpeacearmy.com focus heavily on the idea of a scam or someone trying to rip you off. The idea extends to the brokers as well. Traders frequently blame their losses on broker manipulation or games. This undoubtedly happens. I worked as…