In this video excerpt of the trading room, Marc Principato, CMT, explores multiple time frame analysis and the importance of scenario building. These are significant elements of a trading plan that trainees at SMB Forex learn to create. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Paper Trading: Does it Help or Hurt?
When it comes to paper trading, there seems to be two strongly opinionated sides to its purpose in helping traders learn how to trade. There are the opponents and this group usually includes brokers (I wonder why). Their argument goes something like this: Paper trading is something you want to do for maybe a week or so in order to … Read More
How do You Use Candlesticks? Trade Confirmation.
Marc Principato, CMT, shares his beginner series where he illustrates how candlestick wicks offer valuable information when it comes to gauging buying / selling pressure at the moment. They are excellent forms of price action confirmation. Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge … Read More
How Conventional Are You?
As a trading mentor, I speak to many up and coming traders who are looking for guidance. There are a number of things that I ask to gauge where the trader is in their learning curve. One of the main pieces of information that I like to learn about a trader is what strategy or strategies are they executing within … Read More
Can You Momentum Trade Oil Like Our Trainee?
Our trainee Petr takes a momentum trade in the WTI cdf and makes 5:1 RR. Can you trade like this? Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge Marc Principato, CMT Risk Disclaimer *No Relevant Positions
GBPUSD Pullback Possibilities?
The GBPUSD has been somewhat choppy recently but structure still paints a picture of strength. Where are the attractive price levels? Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge Marc Principato, CMT Risk Disclaimer *No Relevant Positions
How Much Do You Know About Price and Time?
Here is another sample from my upcoming Mentoring Series. This segment goes into important details about time and price. Marc Principato, CMT Risk Disclaimer *No Relevant Positions
EUR/USD Strong. Next Support?
EUR/USD is generally strong but immediate price action is more range bound. Where are the best levels for longs? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions