by Robert Castillo | Jan 31, 2023 | Trading
This is a common question we receive here at Phantom Trading whether it be through social direct messages sent in or by email. Every newbie trader wants to know how much one can make and whether or not the claims made in videos, headlines, testimonials, etc are all...
by Robert Castillo | Jan 30, 2023 | Trading
Support and resistance levels are specific price points in which retail and even institutional traders draw horizontal lines based on how prices on a Japanese candlestick chart have interacted with that particular price. Support and resistance levels can be identified...
by Robert Castillo | Jan 30, 2023 | Trading
Supply & Demand Flip Zones Supply and demand flip zones are levels in which there is an interaction or exchange between a zone of supply and demand, or demand and supply. These zones typically form when price is moving in one direction with a zone of supply or...
by Robert Castillo | Jan 17, 2023 | Productivity, Trading
As a forex trader it’s imperative that you spend time honing your edge and practicing your strategy by backtesting regularly. The best way to develop and refine your edge is to use bar replay to measure the efficacy of your strategy when executed by you (the...
by Robert Castillo | Dec 7, 2022 | Psychology, Trading
What Is Trading Tilt? Trading tilt occurs when a trader experiences a string of losses or break-even trades and becomes overly emotional about the outcome of his or her trades which leads to feelings of anger, frustration, or hopelessness. Professional traders can...
by Robert Castillo | Nov 29, 2022 | Trading
What Is A Forex Reversal Pattern? A forex reversal pattern is a price action pattern that signals to a trader that a potential reversal in price is imminent. Typically this is when we see the price of an index, stock, equity or currency pair “reverse” in price going...