When you see the market picking up velocity towards one direction, that's price momentum. Spotting such momentum is a great skill regardless of your trading style. Equipped … Read More
Trading Setups
The Floor Trader Trading System
The Floor Trader Trading System is an interesting retracement strategy discussed on the defunct website Trading-Naked. It employs a simple recipe. First, it uses two moving … Read More
Trading Candlestick Patterns With Relative Strength Index (RSI)
In Steve Nison's well-known work, Japanese Candlestick Charting Techniques, he included a section on using candlesticks with oscillators including stochastics, RSI, and moving … Read More
Improved Three Bar Pullback Pattern
Trading pullbacks are very popular among price action traders. However, while pullback trading is a simple concept, you'll find many different strategies due to the myriad … Read More
How To Trade Reversals By Spotting The Big Players With Volume Spikes
If you're reading this, you're likely to be a minor player in the market. For small retail traders, one way to succeed in the market is to observe demand and supply. And the … Read More
Trading Articles
3 Epiphanies Of Resilient Traders
Most people who try trading find it to be a demanding activity. It's not surprising as trading presents unique challenges to our default thinking patterns. Overcoming these … Read More
10 Tips for Part-Time Day Traders
Day trading is not always a full-time affair. You might have other commitments during the day or want a taste of intraday trading before venturing into it full-time. In either … Read More
How to Keep Trading Records as a Discretionary Price Action Trader
Most traders agree that trading records and journals are essential to improving performance and boosting profits. However, things get fuzzy when it comes to the specific … Read More
Day Trading Setup Evaluation Cycle
Evaluating trading setups in real-time is a fast and almost subconscious process for day traders. Hence, day traders must focus on post-trade evaluation to boost their day … Read More
6 Effective Ways to Learn Day Trading
Day trading has shallow barriers to entry. Anyone can start to learn day trading. But the overlooked question is: Are you learning effectively? As the psychologist Kurt … Read More
