Candlestick patterns offer reversal signals that are effective when you combine them with other analyses. However, there are dozens of candlestick patterns, including exotic patterns that rarely form. Is there an alternative way to catch trends with candlestick patterns? Yes. Let’s get to know the Heiken-Ashi candlestick chart. A Heiken-Ashi (or Heikin-Ashi) candlestick chart is […]
Archives for 2020
How to Trade with Price Action
The term “price action trading” sounds like a secret formula to trading success. But in reality, it is an open and logical form of technical market analysis. It does not promise success, but it does offer unique insights into the market’s behavior. How to trade with price action? This is not an easy question. Price […]
Double Inside Bar Pattern For Intraday Trading
Are you familiar with the inside bar? If so, it’s easy to add another pattern to your arsenal by paying attention to the Double Inside Bar pattern. This price pattern is useful in the right context, but trading it can be tricky. This review will go through a few guidelines and examples to help you […]
Reliable Support and Resistance Zones with High Volume Signals
Price never moves in a straight line. Price action bounces up and down between support and resistance levels. When skilled price action traders analyze a chart, they often focus on finding support and resistance zones. In this article, you’ll learn to find reliable S/R zones with high volume bars. Traders look at significant support and […]
Eight Questions To Help You With Price Action Bar Analysis
Price action analysis might be intuitive and straightforward to seasoned traders. But a systematic approach to getting started seems elusive for beginners. In this tutorial, you’ll find eight questions to guide you by analyzing raw price action bars (candlesticks). Here, I use bars and candlesticks interchangeably. Although these two popular chart types look different, they […]
How To Trade Continuation with Runaway Gaps
Gaps represent prices that the market did not trade at. They are pockets of vacuum. For this reason, price gaps captivate traders. Hence, it is not surprising that there are various gap trading strategies. And more importantly, the trading strategy depends on the type of gap. There are four major gap types: Exhaustion Runaway Breakaway […]
