If you’re reading this, you’re likely to be a minor player in the market. For small retail traders, one way to succeed in the market is to observe demand and supply. And the best way to do so is to follow the big players. Who are the big players? The banks? The hedge funds? The […]
How To Trade Major Reversals With 50% Retracement Zone
Reversal trading is a high-risk trading approach as you need to spot the exact turning point. Hence, reversal trades make sense only when you expect high rewards—the classic high-risk, high-reward method to taking advantage of market movements. Reversals, when you pinpoint them, offer huge rewards. But they are hard to get right. Hence, we should […]
What is Stopping Volume in Volume Spread Analysis (VSA)?
Stopping volume is a concept in volume spread analysis (VSA). It refers to a dramatic increase in volume that stops the market from falling further. While you might not find frequent signals, they are highly reliable indicators that will strengthen your market analysis. There are many ways to integrate volume with price action. But I […]
Double Top and Bottom Trading With Bollinger Bands
Bollinger Bands is a versatile trading indicator that includes a volatility measure. It plots directly over price. Hence, it does not distract us from price action while offering a helpful benchmark. One way to use the Bollinger Bands effectively is to clarify chart patterns. As Bollinger Bands reflect market volatility, they are a good gauge […]
Harami Candlestick Reversal Trading Strategy
The Harami candlestick pattern is highly recognizable on your charts. However, like all price patterns, trading the Harami alone is not a good idea. This is especially true when you’re looking for trend reversals. This article shows you how to trade the Harami candlestick pattern with other tools. In the process, you’ll learn to build […]
Modified Hikkake Price Pattern For Trading Reversals
The Hikkake pattern is one of my favorite price patterns. Although it is a simple pattern, it demonstrates powerful price action concepts. In this tutorial, you’ll learn about a lesser-known variation of the Hikkake: Modified Hikkake Pattern According to Dan Chesler, the Basic Hikkake works for both continuations and reversals. On the other hand, the Modified […]
