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 […]
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 […]
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 […]
Three Black Crows Candlestick Pattern Trading Guide
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 it a short setup, you’ll learn that this is not always the case. The Three Black Crows pattern is worth studying because it shows sustained bearish action. […]
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 trapped traders? We want to find traders who are trapped because they lose money. If we find them and take advantage of the […]
