Backpack Trader

Tag: 5 minute tradeplans

The Best Way to Trade Forex

The best way to trade forex is with a capable trade manager interface that can do everything you want it to do. Most traders are still using MT4 to trade forex. This is such an old platform and hasn’t really kept up over the years. It has many advantages because most brokers still offer it…

August 22, 2020
Crude Oil Mini Session, A Model to Duplicate

Our Crude Oil mini session, which I presented some time ago, is a model for how one can think about their own trading. There are plenty of other markets and charts that can be traded with the same approach. Unleaded Gas futures come to mind. But there are many more. But while Crude Oil is…

January 31, 2020
Great Trade Setups Change Everything for the Positive

Great Trade Setups are worth their ‘weight’ in gold and when executed, can turn everything positive for a person. One’s trading account of course, but also one’s entire life. That’s because if you can learn to master one or even a few great trade setups, it can set you up for life! You can learn…

May 23, 2019