by Kirk Norwood | Mar 20, 2009 | Topics To Study, Trends
Try this exercise it is a good way to understand trading the trend. Go to a 5-minute chart and find a trade by only looking at the 5-miinute time frame. Now expand your outlook and look at the charts on the1 hr or 4 hr time frames, you may see something...
by Kirk Norwood | Mar 18, 2009 | Topics To Study, Trends
When fighting the trend and insisting that the market is due to reverse itself is a sure sign that a trader will not be in the market very long. If a trader tries to catch short-term countermoves trying to make a few pips or always looking for the tops and...
by Kirk Norwood | Mar 16, 2009 | Trends
We have discussed that trading in the direction of the trend will give you the best trades and chances for success. Even if you know which way the trend is going you should not just jump into a trade. The market will not go in one direction forever it will...
by Kirk Norwood | Sep 1, 2008 | Trends
At the time of these announcements there is a high probability that the market will make a significant move. We do not trade the news, but we do trade after the news has been announced and when an entry signal appears. Consumer Price Index for the USA USA Non-Farm...
by Kirk Norwood | Jul 14, 2008 | My Trades, Trading Strategies, Trading Tips, Trends
When a trader makes a trade he should always monitor the trade no matter how long he is going to keep the trade on.  To monitor a trade easily it is best done on time frames higher than those in which he normally trades. A trader can see a trade more clearly when...
by Kirk Norwood | Jun 13, 2008 | The Disciplined Forex Trader, Trading Tips, Trends
How to benefit from the trend: Know what the trend is. More good trades are made in the direction of the trend. To get the overall picture of the market use multiple time frames. Get the trend on a large time frame. Wait for a pullback on a small time frame. Wait for...
