FX Candlesticks Candlestick chart patterns give traders so much vital information on price action that it leads to a better understanding of supply & demand, trend continuation, and entry & exit points. At Maverick Currencies, we are very active with candlestick charts and patterns. We use them consistently in all of our trade setups for…
Trading Multiple Currencies Every single trade in spot FX is a pairs trade, where a trader is long one currency and short the other. One mistake that amateur traders commonly make is when opening trades along multiple currency pairs in their trading accounts. When amateur traders open up several positions, they often don’t recognize that…
FX Marketplace Hours Professional traders at Maverick Currencies understand that knowing when not to trade is just as important as knowing when to trade. In this session, we discuss the 24-hour Forex marketplace and some of the best times to open and close positions. We also discuss what we refer to as the “Danger Zone,”…
2017 FX Mid-Year Review It is always beneficial to pause periodically and analyze your trading performance, win/loss percentages, reward/risk ratios and risk-adjusted measure of return (Sharpe Ratio). Without looking back and analyzing performance numbers, it is hard to improve as a trader. At Maverick Currencies, we do the above self-analysis every six months in a…
2016 Year In Review Professional traders understand that trading as a profession is all about yearly returns, not daily results. In this archived video, we look back at a profitable 2016 at Maverick Currencies. Maverick Currencies’s head traders also make their predictions for 2017 and discuss the major themes of the markets and possible trading…