Adding the RSI to your entry or exit decision-making

  The Relative Strength Index (RSI) is an oscillator type of indicator, designed to illustrate the momentum related to a price movement of a currency pair or CFD. In this brief article we aim to outline what this indicator may tell you about market sentiment, and along with other indicators assist in your decision-making. As with most oscillator type of indicator, the RSI can move between...

3 Game-Changing Questions You Could Ask of Your Trading Journal Data

  In previous articles we have discussed in detail the merits of a trading journal in offering evidence for both: a. How well you are following a trading plan? b. How well your trading system is serving you? (assuming you are already following a trading plan) We have also outlined the importance of “closing the circle” and making sure you review journal data and action plan to make any...

Should current market volatility merit a review of how you are trading?

  Volatility revisited Volatility is a measure of the range of price movement over a defined period on a specific timeframe on which any calculation is performed. It may increase or decrease dependent on market conditions and aims to provide the trader with an indication as to whether the range price movement in subsequent candles/bar is likely to be large or small. Of course as with the...

Coronavirus equity market action: Too early to call a bottom?

  At last week’s Share CFD clinic webinar session on Thursday we discussed the current market response to Coronavirus and key technical levels that could be important. Clearly market reaction has been significant, market sentiment over the last week has given a clear sentiment message as to the adverse financial implications of Coronavirus. Of course, this type of reaction to a potential...

Inner Circle Video: “Why is my trading system not working?”

Please find below the recording of the video from this weeks exciting Inner Circle session “Why is my trading system not working?”: Five key areas to explore NOW. Please note the disclaimer at the start of the video.   Any questions about the content covered then please feel free to drop an email to mike.smith@gomarkets.com Trade Safe   Mike Smith Educator and course...

Video: Inner Circle “Interviews with Successful Traders” series – Mark Austin

Another fantastic webinar session yet again, with this week’s session of the Interviews with Successful Traders series featuring Mark Austin of Magnetic Trading, whose main speciality is Index trading. What Mark shared not only had relevance to Index trading, but also across all trading vehicles. We are delighted to share the video from the session which you can watch here. There is also...