Inner circle Video – Using Autochartist for trade set ups and risk management
We were privileged this week to welcome back Autochartist CEO Ilan Azbel, who presented a highly charged, informative and exciting session for those who are interested in using this powerful trading tool to assist with your decision making. You can watch the video below and if you need help in adding Autochartist to your client portal please connect with the support team support@gomarkets.com...
Inner Circe Recording: Share CFDs
Please find below the video recording from this weeks Inner circle session “Share CFDs” where we explored how this trading vehicle could be of benefit to many traders. We dispelled some of the myths surrounding Share CFDs and presented some ideas for alternative ways to use these as part of your trading toolbox. Please send any comments or questions to mike.smith@gomarkets.com...
Inner Circle recording: Advanced risk and position sizing approaches
Please find below the video recording from this weeks Inner circle session “Advanced risk and position sizing approaches”. Please send any comments or questions to mike.smith@gomarkets.com Also note the disclaimer at the beginning of the video. Mike Smith Educator GO Markets Disclaimer The articles are from GO Markets analysts based on their independent analysis. Views expressed...
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...
5-point checklist for using chart patterns within your trading plan
Chart patterns (e.g. head and shoulders, triangles, double bottoms/tops), are commonly used to assist in trading decision making. If using these as part of your entry approach, their use should be viewed as a specific strategy, amongst others you may use, and so merit a dedicated section within your plan. This article outlines some of the key things to consider when writing and using...
Inner Circle Video – ‘Trading as a business’
In case you missed this weeks Inner circle session, or wish to review, please find video recording below. Any questions or comments to mike.smith@gomarkets.com Mike Smith Educator GO Markets Disclaimer The article from GO Markets analysts is based on their independent analysis. Views expressed are of their own and of a ‘general’ nature. Advice...
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...
Mind the gap! Strategies to managing ‘gapping’ risk with Shares and Share CFDs
Obviously, one of the major differences between trading shares or share market derivatives (e.g. Share CFDs and Options) compared to other instruments such as Forex and Index or Commodity CFDs, is the daily set market hours and the risk of potentially significant differences in price between the close of one trading session and the opening of the next. GO Markets offer the opportunity...
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...
Avoiding three pitfalls of shorter timeframe online trading
The relative ease of online trading today has not only increased the opportunity of access but flexibility to trade different time frames that can better “fit” around other things going on in life. Trading short timeframes is a popular choice for many online trading strategies. Indeed, the shorter time-frame charts e.g. 15 minutes or less, are often peddled by so called trading gurus as the...
Inner Circle Video Recording: Using Autochartist on MT4/5 to identify opportunities & create a trading system
Please find the recording of this weeks Inner Circle session below “Using Autochartist on MT4/5 to identify opportunities & create a trading system” to review at your convenience. Ilan was not only generous in giving his time to share the power of Autochartist as a trading tool but gave invaluable insights into his own trading experiences and system. Autochartist...
Revisiting Your Trading Profit Target Strategy
Using profits targets in trading, irrespective of trading vehicle chosen (e.g. Forex, Index/commodity CFDs, Share CFDs), is commonly discussed as potential exit strategy. The reality however is that these are often executed with a lack of consistency with ambiguity in trading plan statements. This article revisits profit targets and outlines some key issues to consider in your trading...
Video: Inner Circle – Interviews with successful traders – Nigel Hawkes
Please find the recording of the Latest Inner Circle session, the first in our NEW interviews with successful traders series. Nigel Hawkes is the epitome of a lifetime trader, now at 71 he trades for a living. Hear his fascinating trading journey, the foundation principle of “Six ways the market moves” and his 3 golden rules he abides by in his trading on a daily basis. You can...
Managing risk and opportunity when accumulating into a profitable open position
Position accumulation is to increase exposure to a currency pair or CFD, by adding a second (or more) position in the same trading direction. Although on the surface the opportunity to increase potential return is attractive, there are also risks that MUST be at the forefront of your thinking. Are you ready to accumulate? Before considering position accumulation to your trading behaviour, it...Inner Circle Video: 4 ways to potentially increase your average profit in winning trades
Here if the recording of this week’s Inner Circle session to review if you managed to attend or see for the first time if you were not able to make the session live. The principles covered are applicable across all trading vehicles. (click on the icon in the corner for full screen) Please feel free to follow up with any queries you have by dropping an email to...Video: Inner Circle Recording – Trading Plan for 2020
Your trading plan is arguably THE most important system to have in place and having a complete and evidence-based plan may for many be a key goal to aim for in your 2020 trading journey. It should serve you in guiding your every trading action, for every vehicle, in entry, intra-trade management and exit. We want to help you achieve this aim. We have discussed on many occasions how making each...