• October 13, 2011

Range-Trading Confluence

Range-Trading ConfluenceBy James B. StanleyTraders will often say that they are looking for a ‘confluence,’ of factors before entering a trade. This simply means that they want the trade to look like a good idea from more than one vantage point.

  • October 11, 2011

Risk is On, But for How Long?

Risk is On, But for How Long? By James B. StanleyIf I showed 10 traders the chart below (EUR/USD hourly), we’d likely get at least 6 of those traders considering this some form of an ‘up-trend.’ Euro-Dollar has traversed over 500 pips in a little over a week’s time.