Three Black Crows is a bearish candlestick pattern that you can identify quickly. This pattern does not form frequently, but they stand out visually. While the convention sees … Read More
Trading Setups
Double Top and Bottom Trading With Bollinger Bands
Bollinger Bands is a versatile trading indicator that includes a volatility measure. It plots directly over price. Hence, it does not distract us from price action while … Read More
RSI Hidden Divergence Pullback Trading Guide
Divergence strategies? They are for trading reversals, right? Well, not always. In this article, we will focus on its clandestine sibling - the hidden divergence. This … Read More
Candlestick Patterns With A Moving Average
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
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
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
