Learn the strategies to consistent and profitable (forex) prop trading.
Commodity trading is the act of speculating the prices of goods or raw materials like oil and gold (through futures, options contracts, or Contracts for Difference). Traders bet on an asset price movement without taking physical delivery of the product. Let’s look at the different variations/categories of commodities: Precious Metals Gold, along with silver, palladium,...
In simple terms, intraday (or day) trading is the buying and selling of financial assets within the same day/session. Here, positions are usually closed before the market ends to avoid overnight exposure. This strategy can give you access to plenty of opportunities, no market rollovers and more. It can also be very risky, and may...
Key forex market participants include commercial banks, central banks, hedge funds, pension funds, retail traders, brokers and also prop firms. Let’s look at each of them (participants with the most power/trading volume): 1. Commercial banks These are financial institutions that render services such as savings/checking accounts, loans, and investment services to individuals and businesses. They...
Fair Value Gap (FVG) or market imbalance is the space on a candlestick chart where trading did not occur at a particular price level. It forms when the market moves too fast in one direction that it leaves behind a three-candle pattern. The most important characteristic of this formation is that the wicks of the first and third...
Market structure (MS) is the visual organisation of price movement within a timeframe. Analysing the market structure involves the examination of market behaviour (formations or moves) on a chart, to spot and interpret repeated patterns, key levels or trends. It helps you to anticipate possible directions and invest accordingly. Let’s look at its key parts, useful patterns,...
