How to restore a lost OCO order

When you cancel an active order you can easily restore it, but it may not be so easy with an OCO order (One Cancels the Other).Ok, let’s start from the beginning. Suppose that you have placed a bracket order with attached take profit and stop-loss. If you have...

Trading with Fibonacci retracement

Fibonacci retracement is a powerful tool to complement your trading strategy. It can be used in several markets, e.g., Stocks, ETFs, Forex. What is the idea behind Fibonacci, and how to use it in trading? Let’s start with the basics. Fibonacci was an Italian...

Beware of market makers

Are you using a broker or a market maker? If you do not know what I am talking about, better to read this article. One of the first choices you have to make when you start trading/investing is the broker. This applies to various assets, e.g., stocks, ETFs, Forex. You...

Is it time to go long on the US stock market?

The US stock market has been dropping recently. In the last three weeks, before the recent bounce, the drop on the S&P 500 index was more than 16%. You may be wondering if after the last bullish candle it is now time to go long, and the downtrend is over....

Screening for breakout and breakdown opportunities

A breakout from a resistance and a breakdown from a support could represent interesting trading opportunities.In fact, we could enter a long position after a breakout, with a stop-loss below the ex-resistance (now support), or enter a short position after a breakdown,...

Profit with short-selling

When the market is crashing, people lose money, right? Yes, some. But some others make a lot of money. Why? Because they know how to short-sell. In practice, this means that you can borrow shares, sell them, and buy them back later at a lower price, thus earning the...