Bollinger Bands are one of the most popular trading indicators. It’s easy to see its appeal. Bollinger Bands use the basic statistical concept of standard deviation. For this, it is easy to understand. Bollinger Bands form an envelope around price action. It does not divert your attention with an extra indicator panel and augments price […]
Learning Price Action Trading For Beginners: A Step-by-Step Guide
Price action trading can be scary. The mere idea of relying only on price action can be daunting and terrifying. But you know it can be done, you’ve seen it done well, but you’ve also seen a lot of people try and fail. Why is trading with price action so tricky? It’s not because of […]
7 Powerful Tips for Trading Breakouts
Trading breakouts is a popular trading method that captivates the attention of many new traders. It’s not surprising given that it throws up quick profits – when you get it right. Trading a breakout is not as easy as it seems. Breakout trades look notoriously easy when you look at a chart after a breakout. […]
Head And Shoulders Pattern Trading Guide (In-Depth)
The head and shoulders pattern has a memorable name and a striking look. But the quote below confirms that the head and shoulders pattern is more than just a cute pattern. It offers real value to traders. Head-and-shoulders tops are the best performing bearish chart pattern in a bull market. Thomas Bulkowski, Author of Encyclopedia […]
10 Chart Patterns For Price Action Trading
Do you look at price charts for your trading? But what do you see? These are 10 chart patterns that every price action trader should see when they look at a price chart. Reversal Chart Patterns 1. Head & Shoulders 2. Double Top / Double Bottom 3. Triple Top / Triple Bottom 4. Rounding Top / Rounding Bottom 5. Island Reversal […]
ID/NR4 on FTI Daily
FTI Big Picture FTI is now in a trading range. FTI has been rising until the triple top chart formation. Price just bounced off a key support level. Price made strong moves up and down which indicates a ranging market. FTI Small Picture The more recent price action is bullish. Price rose above the moving […]
