When you see the market picking up velocity towards one direction, that’s price momentum. Spotting such momentum is a great skill regardless of your trading style. Equipped with this ability, you can react nimbly with a higher chance of staying on the right side of the market. There are many ways to judge momentum. For […]
How to Keep Trading Records as a Discretionary Price Action Trader
Most traders agree that trading records and journals are essential to improving performance and boosting profits. However, things get fuzzy when it comes to the specific pieces of trading information to record and how to do it. In this guide, you’ll learn exactly how to keep trading records that are beneficial to you as a […]
Price Action Trading Strategies Beyond Price Patterns
Most price action trading strategies revolve around price patterns like Pin Bar, Inside Bar, and Engulfing Pattern. As a result, many traders equate price action trading strategies with price patterns. But the truth is that price patterns form only a part of these trading strategies. Let’s take the Pin Bar pattern as an example. A […]
7 Price Action Trading Myths Debunked
The barriers to financial trading have been falling. With discount brokers and improved market access through the Internet. There are more independent traders now than ever before. And together with it, a market approach rapidly rising in popularity is price action trading. Studying price action is illuminating. However, many myths and misconceptions have emerged about […]
Price Action Trading Primer
New to price action trading? This primer will introduce you to this fascinating analytical approach. Besides gaining a crystal clear overview, you’ll also find links to many resources to bring you to the next level. Primer Overview This list shows the topics we will cover in this primer. Definition of Price Action Trading Origin of […]
5 Skills All Price Action Traders Must Have In Their Trading Toolbox
There’s no professional qualification or academic courses for price action trading. Yet, you’re expected to know what’s going on in a market with just one input: price. Not only that, you must have a plan to trade your interpretation of price action. Price action is simple, but being a price action trader is tough. Memorizing […]
