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. […]
3 Examples of Bar-by-Bar Price Action Analysis
Bar-by-bar analysis is the hardest part of price action trading. Traders have even devised methods to make it easier – ranging from bar patterns to checklists. Whatever method you use, these examples will make you re-think how you look at price action. Why? Because they show that price action is a discretionary skill, and there is no […]
The 3 Practical Uses of Price Congestion That Traders Miss
When you see sideways price action, what goes on in your mind? Is it danger, opportunity, or a blank? Don’t let it be a blank. Put every congestion pattern to good use with these 3 practical uses of price congestion. Stop giving a useless label to sideways price action. Instead, use them to improve your price action reading […]
Anchor Zones Trading Strategy
L. A. Little wrote two excellent books on trend trading. In his books, he explained a key timing concept called anchor zones, which is a very useful tool for price action traders. In our review, we will find anchor zones and design a trading strategy around them. However, bear in mind that anchor zones are […]
4 Trading Strategies That Profit From Trapped Traders
Why do we need to understand the concept of trapped traders? What are trapped traders? We want to find trapped traders because trapped traders lose money. If we find them and take advantage of the order flow they create, we can take their money from them. There are two types of trapped traders. We can […]
The Secret To Using ADX Indicator
You can sum up the secret to using ADX indicator in a single word: SLOPE. Most traders learn that ADX is a robust system that tells you if the market is trending. The typical interpretation is that if ADX is above 25, the market is trending. If ADX is below 25, the market is meandering […]
