The Golden Cross is a prominent moving average signal that both technical and fundamental analysts are familiar with. Its bearish counterpart has an equally gripping label: Death Cross. While these names sound melodramatic, they do offer substantial value for sensible traders. In this tutorial, you’ll learn how to exploit the Golden Cross setup for price […]
The Complete Breakaway Gap Trading Guide
Gaps, or windows, are a vital feature on charts that show up in daily (and above) price charts. These gaping holes in your chart are the result of extreme supply and demand imbalances. And the gap pattern with the best reward-to-risk ratio is the breakaway gap. As a swing trader, you cannot ignore gaps. Gaps […]
How To Trade With Inside Days
The Inside Day is an important pattern for price action traders. Even if you do not intend to trade it, you need to understand its significance. Inside Days represent critical points that uncover useful clues about the market. What is an Inside Day? An Inside Day is a two-bar pattern. To identify an Inside Day, […]
10 Steps To Creating Your First Trading Strategy
Most new traders start by learning the trading strategies of other traders. I began my trading career this way as well. But, many traders ask, how do I get started with my trading strategy? The good news: Creating your first trading strategy is easy. The bad news: Creating a profitable trading strategy is hard. Start […]
John Hill’s Trend Line Theory – Using Trend Lines for Trading Pullbacks
Trend lines are amazing trading tools. Even traders who swear off indicators draw trend lines. Seasoned traders can see how price action interact with trend lines without drawing them. If you want to join their ranks, John Hill’s Trend Line Theory is an excellent place to start. John Hill is a co-author of Ultimate Trading […]
Trading Continuation with Runaway Gaps
Gaps represent prices that the market did not trade at. They are pockets of vacuum. For this reason, gaps intrigue traders. Hence, it is not surprising that there are various gap trading strategies. The trading strategy depends on the type of gap. (For e.g. exhaustion gap and runaway gap.) Runaway gaps occur in the middle of […]
