Brandon Wendell, CMT
Brandon Wendell
Have you ever read a book on trading or investing? If you have read more than one of them, you will notice that they usually regurgitate the same old technical analysis. Most books and academics themselves follow the traditional route for technical analysis. The problem is that if that traditional method worked so well, you could be expected to read those books and make a lot of money.
One of the common trading tools that is suggested in most trading books is the moving average. But have you ever read a book that says to buy below an upward sloping moving average? No they say you buy above an upward sloping average and sell below a downward sloping average. Look at the opportunities you would miss by doing that.
When you enter the trend late, you increase your risk in the position as well as reduce the potential profits. This is counter to what we want to accomplish.
So we know there is more to being successful in trading than just reading a book. You need to discover how the professionals trade and how institutions make their decisions. By understanding and mimicking what the truly successful traders do, you have a better chance for success yourself.
That is what we do at Online Trading Academy. We teach how the institutional traders think and make entry and exit choices. We have traders with experience teaching the courses. Most importantly, we are dedicated to building your skills that can make you a consistently profitable trader in any market.
Neither Freedom Management Partners nor any of its personnel are registered broker-dealers or investment advisers. I will mention that I consider certain securities or positions to be good candidates for the types of strategies we are discussing or illustrating. Because I consider the securities or positions appropriate to the discussion or for illustration purposes does not mean that I am telling you to trade the strategies or securities. Keep in mind that we are not providing you with recommendations or personalized advice about your trading activities. The information we are providing is not tailored to any individual. Any mention of a particular security is not a recommendation to buy, sell, or hold that or any other security or a suggestion that it is suitable for any specific person. Keep in mind that all trading involves a risk of loss, and this will always be the situation, regardless of whether we are discussing strategies that are intended to limit risk. Also, Freedom Management Partners’ personnel are not subject to trading restrictions. I and others at Freedom Management Partners could have a position in a security or initiate a position in a security at any time.
Editors’ Picks
EUR/USD regains balance, targets 1.1800
EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.
GBP/USD recedes from tops, back to 1.3500
GBP/USD is extending its move higher on Monday, meeting some resistance around 1.3530 on the back of the widespread bearish tone in the US Dollar amid ongoing uncertainty around tariffs. For now, traders are watching overall risk sentiment and central bank rhetoric for the next directional cue.
USD/JPY recovers early losses as investors look beyond US SC’s ruling
The USD/JPY pair recovers almost its entire early losses and trades marginally lower to near 154.85 during the European trading session on Monday. The pair bounces back as the US Dollar claws back its initial losses, driven by the United States Supreme Court’s ruling against President Donald Trump’s tariff policy.
Editors’ Picks
US Dollar struggles as Trump tariff uncertainty grows
The US Dollar struggles to stay resilient against its rivals to start the new week as investors assess the headlines surrounding the US trade regime. After the Supreme Court ruled against US President Trump's tariffs, Trump announced that he will hike global tariff rates to 15%.
Gold advances to four-week highs, focus is on $5,200
Gold is holding onto its bullish tone on Monday, hovering near monthly highs well above the $5,100 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.
EUR/USD regains balance, targets 1.1800
EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.
Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs
Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.
Supreme Court nixes tariffs, Trump teases 15% global tariff
On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.
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Top 10 Chart Patterns Every Trader Should Know
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What Are the 10 Fatal Mistakes Traders Make
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The challenge: Timing the market and trader psychology
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