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...
by Robert Castillo | Nov 28, 2022 | Mindset, Trading
In this step-by-step guide, we’re going to cover how to become an intraday forex trader. Before we dive into it, let’s define what an “intraday trader” or “day trader” is! An intraday trader by definition is a trader who enters and exits trades within the same day,...
by Robert Castillo | Nov 28, 2022 | Trading
A pip is an incremental move in the price of a currency pair in the forex market of 0.0001 (four decimal points). A pip is 1/100th of 1%. A pip is short form for “percentage in point” and can also be used to measure movement in the price of a currency pair or the...
by Robert Castillo | Nov 28, 2022 | Productivity, Trading
This is a common question we get here at Phantom Trading. “What computer, tools, software, do I need to get started in trading?” And so we figured it’d make sense to put it into a simple and easy to follow guide here for you to resort to! Off the bat though, we need...
by Robert Castillo | Oct 28, 2022 | Trading
What Is A Rising Wedge Pattern? A rising wedge pattern is a bearish breakout pattern that is used by retail traders in the forex markets, stock markets, and commodities markets. This breakout pattern is great for looking for short positions in the market to capitalize...
by Robert Castillo | Oct 27, 2022 | Trading
You may have just stumbled across this article and have no idea who we are, or maybe you’ve been following us for a while and are not yet a member, either way, we wanted to do a full breakdown of what we do, why we founded Phantom Trading, to begin with, and how we go...
