Candlestick patterns have little value without the right price action context. If you've been studying candlestick formations, you must have heard this principle many times … Read More
Trading Setups
Hikkake Trade Setup
Hikkake means to trap, trick, or ensnare. Dan Chesler discussed this candlestick trading setup in the Active Trader Magazine in April 2004 ("Trading False Moves with the … Read More
Jjrvat’s Price Action Trading Approach
A price action trading approach is not as specific as a setup or strategy. But it is far more useful because it offers market perspectives that will empower you to form your … Read More
Belt Hold Candlestick Pattern Trading Strategies Guide
The belt hold formation is a unique candlestick pattern. As a single candlestick, it offers one of the most explicit signals of the current market direction. But simply … Read More
A Simple and Complete Trend Line Trading Strategy For Price Action Traders
Trend lines are fascinating trading tools for analyzing price action. It is not the Holy Grail. But it does force you to focus on price action and help you align with the … Read More
Trading Articles
Volume-Weighted Moving Average (VWMA) – A Simple Volume Tool
Volume analysis might seem esoteric and challenging to master. While volume analysis has great potential, some volume trading indicators, with their many inputs, are hard to … Read More
4 Price Action Trading Strategies That Profit From Trapped Traders
Why do we need to understand the concept of trapped traders? What exactly do we mean by trapped traders? What are some specific strategies we can use to identify the flow of … Read More
Trading With Consecutive WR7 Patterns
What do you look out for when analyzing price action with Open-High-Low-Close (OHLC) bars or candlesticks? Do you focus on the bar range (High minus Low)? In this WR7 … Read More
4 Effective Ways to Trade a Channel
Price channels are helpful indicators for maintaining focus. Unlike many other trading indicators, they plot directly over price action. Instead of distracting you from the … Read More
Trading Psychology Crash Course
The market is crashing. It is volatile and uncertain. Many traders are focusing on how to take advantage of the market in such exceptional circumstances. But I recommend … Read More
