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 […]
9 Ways to Simplify Day Trading
Day trading is not easy, and anyone who tells you otherwise is lying. But it can be simpler than you think. Keeping things simple is a mark of consistent traders. You can focus on what matters most to your profitability by staying simple. Here, you’ll find nine tips to shred a bloated trading plan. Of […]
5 Exit Strategies To Secure Your Profits and Limit Your Risk
In our trade setups review, we always state the rules for entering the trade. Each trading rule is stated with the room for discretion highlighted. However, in many reviews, we left out explicit exit strategies. It is not because exit strategies are not essential. On the contrary, they are so crucial that they require a […]
The Ultimate Parabolic SAR Trading Guide
The Parabolic SAR (Stop And Reverse) is the brainchild of J. Welles Wilder who also invented the RSI indicator. It is a versatile trading indicator with unique properties. In this trading guide, you’ll learn how the Parabolic SAR through several trading strategies. Guide Overview Introduction to Parabolic SAR How To Calculate The Intuition Behind Parabolic […]
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 […]
How To Limit Risk and Take Profit for Pullback Trading Strategies
Pullback trading is a common trading strategy. New traders like it for its simplicity. And seasoned traders appreciate the value of staying with the trend. But entering the market on a pullback is just the first step. You will also need to carefully consider how to limit your risk and secure your profits. To do […]
