Technical
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Using an Expert Advisor to Instantly Close All Trades in MetaTrader 4 & 5
21 September 2025 , Abe Cofnas
Market conditions can shift dramatically following the release of major economic news or an unexpected market shock. During these times, quickly closing your positions (both long and short) is no longer a choice but a necessity for capital preservation. Attempting to close multiple trades manually one by one is not only time-consuming but also significantly […]
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A Complete Guide to Using Fibonacci Projection in Technical Analysis
13 September 2025 , Abe Cofnas
In financial markets, traders continually seek tools that enable them to anticipate upcoming price movements. One of the most popular methods for this purpose is the use of Fibonacci tools. These tools are based on mathematical ratios, allowing traders to identify potential areas where the price may reverse or continue its trend. Among them, Fibonacci […]
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Complete Guide to Trading with the Third Touch Trendline Strategy
12 September 2025 , Abe Cofnas
If you’re looking for a simple yet powerful approach to enter trades in the high-risk world of forex, the Third Touch Strategy could be exactly what you need. This method helps you enter the market precisely at points where the probability of a trend reversal is significantly higher. As a result, you can identify more […]
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Liquidity Trap in Financial Markets: What It Is and How It Affects Traders
12 September 2025 , Abe Cofnas
A liquidity trap is a strategic market setup that misleads traders into positions benefiting larger participants. These traps often occur near key support and resistance levels, exploiting behavioral biases and stop-loss clusters. Mastering how to identify liquidity traps can help you avoid costly mistakes and turn deceptive market moves into profitable opportunities—making this guide essential […]
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What Is Revenge Trading and How to Stop It? | A Complete Guide to Trading Psychology
12 September 2025 , Abe Cofnas
How many times have you taken a loss and immediately felt the urge to jump back into the market to “get your money back”? That’s the classic trap of revenge trading. Unlike other forms of emotional trading, revenge trading comes from anger, frustration, and loss aversion. In this guide, we will explore what revenge trading […]
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Three White Soldiers Pattern: Complete Guide for Price Action Trading
12 September 2025 , Abe Cofnas
If you are looking for one of the most powerful reversal patterns in price action trading, the Three White Soldiers pattern is precisely what you need to know. Despite its simple appearance, this formation delivers a strong message: the market is preparing for a fresh rally. By understanding the conditions under which this pattern forms, […]
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A Complete Guide to the Three Black Crows Pattern in Price Action
11 September 2025 , Abe Cofnas
When three consecutive bearish candlesticks appear on the chart, each closing lower than the previous one, many traders interpret it as a sign of a potential trend reversal. In price action analysis, this formation is known as the Three Black Crows pattern and is commonly used to identify the beginning of selling pressure. Combining this […]
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Smarter Forex and Crypto Trading: How to Overcome Anchoring Bias
9 September 2025 , Abe Cofnas
Financial markets are not just about numbers and charts; the human mind also plays a significant role. One of the psychological traps that often captures traders is Anchoring Bias. This bias occurs when the mind becomes fixated on a specific number or price level, and all subsequent decisions are based solely on that reference point. […]
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A complete guide to paper trading – A safe way to practice trading
7 September 2025 , Abe Cofnas
Financial markets are inherently volatile and risky, and entering them without sufficient knowledge and experience can lead to significant losses. Therefore, it is essential for traders to practice in a safe and risk-free environment before engaging in live trading. Paper trading or simulated trading, provides this opportunity. It allows traders to test strategies, familiarize themselves […]
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Analysing Market Buying and Selling Pressure with the Arms Index (TRIN)
3 August 2025 , Abe Cofnas
The Arms Index (TRIN) is a powerful technical indicator that combines price and volume data to show buying and selling pressure. Designed over half a century ago, it helps traders spot bullish, bearish, or neutral conditions and act with more clarity. In this article, we explain what the Arms Index is, how to calculate and […]
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