Mike Chainster
A trader with more than 10 years of experience in the field of Forex, stock trading, and digital options. Mike specializes in technical analysis. He is fond of Japanese candlesticks considering them as one of the strongest tools for traders to predict price fluctuations.
A trader with more than 10 years of experience in the field of Forex, stock trading, and digital options. Mike specializes in technical analysis. He is fond of Japanese candlesticks considering them as one of the strongest tools for traders to predict price fluctuations.
All Articles
13 min read
Bid and Ask Prices: How Spread Affects Trading and How to Mitigate Trading Costs
Discover how bid and ask prices impact your trading decisions and overall costs. Find out how market spreads influence your profits and learn to calculate them effectively. Improve your risk and money management strategies by understanding these key trading concepts!...
14 min read
Buy and Sell Limit Orders in Forex: How to Use Them to Improve Your Trading Performance
Unlock the power of limit orders in Forex and take control of your trading strategy like a pro. Discover how buy and sell limit orders help you enter the market at the perfect price, maximizing your potential profits while minimizing risk. Find out more about advanced order types and how they can au...
13 min read
Trading with Martingale: All You Need to Know About This Method in Trading
Discover the hidden risks behind the Martingale strategy and why it might not be the magic formula traders hope for. Unlock expert insights into its origins, mechanics, and the financial dangers it poses. Avoid costly mistakes and learn smarter risk management techniques to protect your trading capi...
13 min read
The Shooting Star Pattern: Secrets and Strategies for Successful Trading This Candlestick Formation
Explore the power of the Shooting Star pattern, a key candlestick formation that signals potential market reversals. Unlock trading strategies to capitalize on downside movements with precision and confidence. Master this simple yet effective tool to enhance your trading success across Forex, stocks...
5 min read
Trump Tariffs and US Inflation: The Two Key Drivers to Consider This Week
Discover how Trump's new tariffs and U.S. inflation data are reshaping the financial markets this week. Unlock key insights on how major assets like EUR/USD, GBP/USD, WTI, and Gold are reacting to rising recession fears and shifting central bank expectations. Stay informed and trade smarter with thi...
13 min read
Double Top and Double Bottom: Integrating These Reliable Patterns in Your Trading Strategies
Discover the power of Double Top and Double Bottom patterns in trading, which can unlock the potential for successful market reversals without relying on technical indicators. These patterns help traders identify shifts in market sentiment and make informed decisions across various asset classes lik...
5 min read
US Dollar Rebounds: Trump’s New Rhetoric and Fed Doubts on Inflation Support USD
Discover how shifting US trade policies and central bank actions are shaping today’s top markets, from EUR/USD to gold and oil. Unlock key technical insights and macroeconomic updates that could impact your next move. Learn more about what’s driving forex, commodities, and market sentiment this ...