If you ask a group of price action traders about their favorite tool for trading pullbacks, one of their top answers will be trend lines. And there is a solid reason for that. Trend lines and their channels are simple but powerful tools for amplifying the value of price action. This article will show you […]
7 Trading Channels For Analyzing Price Action
Price channels present a powerful tool for visual analysis. They are different from other indicators/tools as you would plot them over price action. This ensures that you integrate price action with the channel for a holistic analysis. Beyond its emphasis on price action, channels are also incredibly versatile. You can use them to: Determine trends […]
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 price action, channels offer a useful framework for analyzing market movement. There are many flavors of price channels out there. But their recipe boils down to two ingredients: A representative […]
Quick Trade Using Linear Regression Channel For Trading Options
Quick Trade Using Linear Regression Channel is a trading method from Bernie Schaeffer’s book – “The Option Advisor: Wealth-Building Techniques Using Equity & Index Options.” As this trading strategy is designed for trading options, it aims to find a quick trade that does not drag beyond a week. This trading style is suitable for any trader who […]
How To Exit Your Momentum Trades With Trend Line Channels
How many times have you caught a powerful burst of market momentum in your trades? Did you hesitate to grab your profits? How often did you end up giving back a huge chunk of your paper profits to the market? Profit-taking is critical for momentum traders. Momentum does not last long. Not grabbing your profits […]
A Plain and Simple Trend Line Channel Trading Strategy
Trend line channel – a simple tool based on plain ol’ price action. Basically, it’s a pair of lines that highlights the market trend, trade entry, and exit. What more can a minimalist trader ask for? Or should I say what less can a minimalist trader seek? Before you can trade with a trend line […]
