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
By Galen Woods
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)
By Galen Woods
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
By Galen Woods
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
By Galen Woods
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
By Galen Woods
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
By Galen Woods
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
By Galen Woods
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
By Galen Woods
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
By Galen Woods
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