Trading
Academy

Master trading with TMGM's Academy – your go-to source for strategies, market insights, and risk management tips to trade smarter.
MT4 & MT5
Technical
Trading & Strategies
Morning Brief
Forex
CFD
Crypto
Indices
Gold & Precious Metals
Oil
Indicators
Others
Shares
Reset
Show All
Order Block in Trading: What It Is and How to Trade It
An order block is a price zone on a chart, marked by the last opposite candle before an impulsive move, where institutional traders are believed to have placed large orders. When price returns to that zone, traders watch it as a potential support or resistance area and use it to plan entries, stop losses and targets. Order blocks come from smart money concepts (SMC) and were popularised through the Inner Circle Trader (ICT). For intermediate to advanced retail traders in forex and CFD markets, understanding how to mark and validate these zones can add structure to trade selection and risk management. An order block covers a band of prices from the candle high to the candle low, so traders treat it as a zone with a top and a bottom. This guide explains why order blocks form, the difference between bullish and bearish order blocks, how to identify and confirm them on a chart, how they compare with similar concepts, how traders build strategies around them, and whether they are effective in practice.
Continue reading
38 mins read
Stop Loss: What It Is, How It Works and How to Set One
A stop loss is an order that closes an open trade automatically at a price you set in advance to limit losses. On a long position (a buy trade that gains when price rises) the stop loss sits below the entry price, and on a short position (a sell trade that gains when price falls) it sits above it. For forex and CFD traders—especially intermediate to advanced retail traders using MetaTrader 4 or MetaTrader 5—a stop loss is a core risk-management tool in leveraged markets, because it helps protect capital, supports position sizing, and reduces emotional exit decisions when prices move fast. This guide explains what stop losses are, how they work, the main order types, how to set and place them, their risks and limitations, common mistakes, and answers to frequently asked questions. A stop loss does not remove risk, and slippage can mean the final exit price differs from the trigger price, but it helps limit losses and manage risk before the trade starts, particularly when using leverage.
Continue reading
34 mins read
Average True Range (ATR) Indicator: Formula, How to Read It, and How to Use It
The Average True Range (ATR) is a volatility indicator that averages the true range of price over a specified period, 14 by default, to show how much an asset typically moves within that window, regardless of price direction. J. Welles Wilder Jr. published it in New Concepts in Technical Trading Systems in 1978, originally for commodity markets, because a plain high-minus-low range misses the movement created when the underlying market gaps. ATR is reported in price units, not percent. A 250 dollar stock with an ATR of 6.00 and a 25 dollar stock with an ATR of 2.40 can be equally volatile, because the numbers scale with the asset's price. Reading a single ATR value without that context is the most common error the indicator invites.
Continue reading
31 mins read
Judas Swing: Meaning, ICT Trading Strategy and Examples
A Judas Swing is a false price move near the start of a trading session that breaks an important level before reversing in the opposite direction. In the Inner Circle Trader (ICT) approach, traders look for this pattern around the London or New York session, often when price sweeps liquidity above or below the Asian session range. A bullish Judas Swing involves a false bearish move followed by an upward reversal, while a bearish Judas Swing begins with a false bullish move before reversing downward. Traders assess session timing, liquidity sweeps and market structure shifts to identify potential setups, although not every false breakout leads to a reversal.
Continue reading
25 mins read
What Is a Rectangle Pattern and How Do You Trade It?
A rectangle pattern is a chart pattern where price moves sideways between a flat support level and a flat resistance level, which shows a balance between buyers and sellers. A rectangle chart pattern is usually a continuation pattern: a bullish rectangle forms during an uptrend and a bearish rectangle forms during a downtrend. Traders use 2 main strategies to trade a rectangle pattern: 1) range trading, which buys near support and sells near resistance, and 2) breakout trading, which enters when a candle closes outside the rectangle, with a price target set by projecting the vertical height of the rectangle from the breakout.
Continue reading
41 mins read
Butterfly Pattern Trading: How to Identify and Trade the Butterfly Harmonic Pattern
Butterfly pattern trading is the practice of using the butterfly harmonic reversal chart pattern — a five-point XABCD chart pattern defined by specific Fibonacci ratios — to identify potential trend reversal zones and plan entries, stop losses and profit targets. The butterfly pattern is unrelated to the butterfly spread used in options trading, and point D completes beyond the starting point X. For traders and investors who use technical analysis in forex, stocks, indices and commodities, this guide explains how to recognise the butterfly pattern, confirm its key Fibonacci measurements, and distinguish bullish from bearish setups. It also walks through a four step trade plan, chart identification on platforms such as MT4 and MT5, a worked example with every number checked, how it differs from similar harmonic patterns such as the Gartley, and the main advantages and limitations of trading it.
Continue reading
50 mins read
What Is a Rising Wedge Pattern and How Do You Trade It?
Continue reading
40 mins read
What Is a Descending Triangle Pattern and How Do You Trade It?
A descending triangle pattern is a bearish chart pattern formed by an upper trendline that slopes down through a series of lower highs and a flat horizontal support level underneath. The descending triangle pattern usually signals a continuation of a downtrend, and it can also form as a bearish reversal at the top of an uptrend.
Continue reading
46 mins read
What Is a Symmetrical Triangle Pattern?
A symmetrical triangle pattern is a chart pattern made of two converging trendlines: an upper trendline that slopes down through lower highs and a lower trendline that slopes up through higher lows. The symmetrical triangle shows a period of consolidation before a breakout, and the breakout goes in the direction of the existing trend in most cases.
Continue reading
42 mins read
View More
Join Over 1,000,000 clients on our award-winning trading platform
1
Apply for a Live
Account
2
Fund Your
Account
3
Start Trading
Instantly
Open Account

Stay Ahead with TMGM's Market Insights & Analysis

card image
Explore more

Market News & Analysis