Whether you want to learn the basics of stock and currency market, develop your trading skills and find working approach to identifying correct trading signals, whether you are already familiar with FOREX trading and want to deepen your knowledge of market and develop professional skills, or whether you are in a search of working trading system, this collection of articles will help you on your way to the big success.

Find out the underlying causes of stock market movements:

Day Trading — What It Is and What It's Not

The Three Phases of the Trading Day

Is it Possible to Earn Money With Day Trading?

Learn to identify the most important chart formations:

Identifying a Congestion

Identifying a Trend

Breakout Patterns

Find answers to the most debatable questions about FOREX trading:

Where and How to Place Stops

Basic buy signals – What to look for?

Learn to identify and trade using one of the most amazing patterns ever:

What Causes a Ross Hook?

Identifying Ross Hooks Patterns

Identifying a Ross Hook Validity Based on Trend Analysis

ROSS HOOKS OCCURS ONLY IN TRENDING MARKETS. There are plenty of „pointy“ places on a bar chart, but not all of them are Ross hooks. It is essential to your trading them that you understand this.

Those hooks which occur in trending markets will remain as valid hooks. Often, they may be taken out more than once.

Now, let's look at the difference between a Ross hook and any other „pointy“ places in a market. Remember, they can occur only after the trend has begun.

I have purposely chosen a chart with some very difficult areas to define. Each letter labeling a particular price bar was placed there because at the time that bar was made, it was a pointy place on the chart.

The lines drawn connect either a high or a low to a correction. The pointy places were either local highs or local lows at the time they were made.

One of the tools available to me in my early trading was one that clearly identifies the trend. The tools allowed me to lock onto a definite set of rules. Either the market was trending or it was not, according to my set of rules. Wow I want to show you what those rules were. They are still correct after these many years. They were utilized before I ever began trading, and they worked as well then as they do now. Is there some sort of magic about these rules? Definitely not. Their value lies in the fact that they afforded me a concrete definition of what constituted a trend. As long as I followed the rule, I could safely assume the market was trending.

Did the rule work one-hundred percent of the time? No! I have not yet found a perfect way of trading. The rule worked most of the time, and that was sufficient for me.