Risk Management

Trading Indicators: Pros and Cons and How to Choose the Right One

FSP Insight ArticlesJanuary 20, 2023

One of the key elements to successful day trading is the use of Day Trading indicators. In this article, we will learn about the pros and cons of the most popular indicators. With so many indicators...

10 main reasons why new traders lose money

FSP Insight ArticlesJanuary 18, 2023

Have you ever wondered why new traders lose money? Day trading is a high-risk, high-reward activity that requires discipline, patience, and a deep understanding of the markets. Unfortunately, many new traders lose money in their first...

(EUR/USD) Easy Order Block Setup

ForexSeptember 7, 2022

I see a possible Order block setup on EUR/USD in the 4-Hour Chart. Whilst trading (EUR/USD) I have a short bias in mind. Last week,...

(AUD/USD) Falling Wedge And Double Bottom Pattern

ForexSeptember 5, 2022

Looking at trading a falling wedge and double bottom on AUD/USD today in the 4-hour chart. My bias is still in fact, bearish. Prices are...

(29 AUGUST – 02 SEPTEMBER) Weekly Trading Breakdown

Trading StrategySeptember 4, 2022

Hi everyone, Check out the Weekly Trading Breakdown – Winners Vs Losers for this past week from Monday the 29th August to Friday the...

(EUR/USD) Order Block Trading Strategy – Enter On Retest

ForexAugust 31, 2022

Today I am trading a possible Order block setup on EUR/USD in the 4-Hour time frame. Looking left, we can see that we had 4...

Order Block Setup (AUD/USD) – Short After Retrace

ForexAugust 30, 2022

Today I am trading a possible Order block setup on AUD/USD in the 4-Hour Chart. Looking left, we can see that this major support level...

Double Bottom Formation On (EUR/USD) – Bulls VS Bears

ForexAugust 25, 2022

Looking at trading EUR/USD today. We have a potential double bottom formation on the 4-hour chart. Remember, we are currently at major major support...

Bull Flag Pattern On (GBP/USD) – Break And Retest

ForexAugust 24, 2022

Today we are looking at trading GBP/USD on the 1-Hour chart. We have a potential bull flag pattern forming. Now, this is very important, this is...

DAX (DE40) Reversal – Bollinger Bands Strategy

IndicesAugust 18, 2022

I am looking at trading the DAX40 today on the 4-hour time frame. Yesterday, we saw a major drop from the top of the daily...

AUD/USD) Complex Short Setup

ForexAugust 4, 2022

Aussie Dollar has a complex setup coming up, However, Once we understand the structure is no longer so complex. Looking at the price from the...

False Break Out Trade on (EUR/USD)

ForexAugust 2, 2022

Hi Traders, As we start settling into the new month of August, I have spotted a False Break-out Setup on EUR/USD. This is a potentially powerful...

(25 JULY – 29 JULY) Weekly Trading Breakdown

FSP Insight ArticlesJuly 31, 2022

Hi Traders, Check out the Weekly Trading Breakdown – Winners Vs Losers for this past week. I go over the trades that were taken...

Getting Ready To Sell (GBP/USD)

ForexJuly 28, 2022

Hi Traders,I am currently interested in Shorting opportunities on GBP/USD. Price is currently trading at 1.21220 and has come from a resistance level at...