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BP_Traders
Neckline Trading - Double Top Pattern
in
Experienced Traders
Sep 24, 2019 at 10:11
https://www.myfxbook.com/files/BP_Traders/EURGBP_23.08.19.pngThere are very few trading setups that excites us as much as the Neckline - Double Top setup. This trading technique is a derivative of the Head & Shoulders pattern. The setup itself is not too abundant and will only appear every now and then. However, when it does appear, it's a gold mine. It carries one of the highest success rate scores amongst all the advanced setups that we normally apply in our day to day trading.https://www.myfxbook.com/files/BP_Traders/EURGBP_02.09.19.pngAfter countless of neckline trading events,...
Trading Secrets – Price Pattern Trading
in
New Traders
Sep 18, 2019 at 14:07
Here are some of our trading secrets. We always keep reminding our members, followers and fellow traders to be carful and highly suspicious of the common practices that the technical analysis body of knowledge has to offer. Every single one of us in the Bulletproof Traders team have experienced great deal of disappointment using some of these popular tools early on in our trading careers.As a matter of fact, a couple of years ago we decided to test some of these basic patterns to try and figure out if they even have the slightest statistical edge, meaning whether price pattern trading can prod...
Swing Trading vs Day Trading
in
New Traders
Aug 02, 2019 at 15:48
The combination of high frequency trading, and staring at intra-day charts all day long carries a heavy weight of physiological burden. Most day traders are failing because their patience wears out. They begin to carry out unplanned and reckless trading decisions, mainly out of boredom, fatigue or frustration. I have been there, so I know. There is a natural tendency to follow the shorter time frame intra-day charts because seemingly, that's where all the action is taking place. It took me a while to realize that this vicious and almost inevitable attraction towards the intra-day charts is...
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