News and articles from the world of RebelsFunding trading
Educational articles, updates, and other interesting content.
The Three Drives pattern is a trading strategy used to find potential trend reversals. It is made up of three consecutive price swings (also known as legs) in the same direction, and followed by a significant retracement. In this post, we’ll look at how to identify and utilise it: How to find the three drives pattern &...
A single candlestick pattern shows price (or trading) activity within a period of time. It is identifiable by its unique shape, colour & wick, and indicates a bullish, bearish or neutral trend. Let’s look at fifteen (15) single candlestick patterns and what they usually signify in the market: 1. Doji candle It is called a doji when the...
Chart patterns are graphical formations created by price movements on a chart, and repeated over time. They give clues about potential future price direction based on historical market behaviour. Today we will look at eleven (11) types of chart patterns and how to trade them. (Before we proceed, note that the eleven chart patterns will be...
In this interview, one of our successful traders, Tung Nguyen, shares some helpful tips that can transform your forex (prop) trading performance: 1. Tell us a little about yourself.My name is Tung Nguyen. I come from Vietnam and I am a freelance investor. 2. What trading strategies or approaches do you find most effective in your trading journey?Price averaging method....
The break and retest strategy involves identifying key levels, waiting for a breakout, and then strategically entering the market during the retest phase. Today, we will cover the key steps that can help you identify it, how to trade it and it’s advantages: Key steps for break and retest identification 1. Breakout: Here, price action clearly...
Equity drawdown is a drop or decline in your equity from its daily peak value. It is a risk management system that empowers one to become a strategic, responsible, and disciplined trader. Equity is the total value of a trading account. It includes your account balance for the day and any unrealized profits or potential losses on open positions....
A gap is an area on a price chart where there is no trading activity at a certain price level (leaving a blank space between the previous close of one period or candle and the new opening price of the next). It is a discontinuity in price movement. Let’s look at why gaps occur, types and how to take...
Trend following and counter-trend trading are both viable strategies in forex. But before you make a choice, carefully consider the pros and cons of each technique, your experience, discipline and risk management plan. In today’s post, we will look at the two sides of each strategy; their pros and cons, and how/when to use them: Trend...
Gambling tendencies describe the habit of treating forex as a game of chance (relying more on luck or how you feel) rather than sound analysis and strategy. It usually results in failure and stagnation. Let’s discuss what profitable traders do to minimize it and achieve more success: 1. They focus on a few market niche Some pro...
In this interview, Ján Kesiar takes us on his journey from amateur to professional (and successful) trader at RebelsFunding: 1. Tell us about yourself I am 47 years old, married, and a father of two children. Trading is not my only source of income; I also have a regular job. My goal for the future is to become...
