Candlestick Charts Vs Bar Charts

Candlestick Charts Vs Bar Charts

History of Candlestick Charts Charting of prices for trading seems to have been formally developed in the early 1700´s by the Japanese businessman – Munehisa Homma – as a methodology to track and analyse the price of Rice Contracts. This methodology is what has...
Peter Varcoe’s Latest Book

Peter Varcoe’s Latest Book

The Inside Secrets of Elite Traders – Patterns.  2nd Edition. Living the LapTop Lifestyle   This book is the most detailed and specific book in the World on Trading Patterns.   The ONLY book that details the identification, confirmation, entry setups...
Risk and Trade Management Webinar

Risk and Trade Management Webinar

Peter was invited to deliver a Guest Trader’s Webinar for the acclaimed Traders Academy Club. The webinar was on Risk and Trade Management which will probably form the basis of  Peter’s next book. Please feel free to watch it and get back to Peter with any...
What is the Concept of Market Noise?

What is the Concept of Market Noise?

This is the simplest way I can summarize the concept of Market Noise The original concept of confirmation for an entry was close above the line denoting the boundary of sentiment (Support / Resistance). This was problematic because there was no real structure for...
Why Do Charts Appear Different?

Why Do Charts Appear Different?

AUDCAD Daily Chart.  This is how your chart should look on daily. Why do charts appear different?   If your chart looks different from someone else’s, when they should be exactly the same, it is not the time your chart is in – it could very possibly be the...
Background to the Term “On Stop”

Background to the Term “On Stop”

Edison Stock Market Telegraph Ticker 1918 Women in the Waldorf Astoria reading the Ticker Tape . Background to the Term “On Stop”       We have had a number of queries regarding the term “On Stop”.  This is the term that is used...