Trading 5 min charts has more money-making opportunities?
You can be trained to trade in any timeframe?

Think again. I also went through what most aspiring traders went through. I used to think trading the 5 min timeframe was suitable for me because of the adrenaline rush, as there were more entry opportunities. Most men like this [...]

In my last post, I describe how I carry out this interesting experiment on a strategy is selling for a few thousand dollars!
Haha, nope, I will not be revealing the strategy here, not allowed to and not worth to anyway.
Anyway, let me illustrate with the following…
At one point in time, the original strategy requires me [...]

I began to dabble into some expert advisor (EA) programming recently. Finally! My IT training has come into good use! It is really interesting actually. As long as I can program a strategy into an EA, I can backtest it automatically with results over the last few years. All it takes is a click of [...]

I cannot imagine learning how to trade without the Internet. I mean, besides courses and books, the Internet is my most used resource for picking up trading knowledge.
Trading knowledge from the Internet definitely has its many strengths. I have been scouting for forex strategies online recently and came across the Forex Strategies Revealed website. From [...]

What is intraday? For the purpose of discussion, let’s agree that when we say “intraday” we mean opening positions and exiting the same positions within the same day.
So why intraday strategies for a start then?
#1 More technical analysis than fundamental analysis
Intraday strategies typically focus more technical analysis then fundamental analysis. Whether support/resistance or trendlines are [...]