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 […]
Swing Trading with Trend Lines
The trend line is one of the most powerful tools for technical traders. If you are not already drawing trend lines, you have an excellent opportunity to add value to your market analysis with this simple tool. But first, what makes a trend line effective? The effectiveness of the deceptively simple trend line comes from […]
A Plain and Simple Trend Line Channel Trading Strategy
Trend line channel – it is a simple tool based on plain ol’ price action. However, with some practice, you can boost your market analysis with this elegant and powerful tool – a pair of lines that highlights the market trend, trade entry, and exit. What more can a minimalist trader ask for? Or what […]
Trading Pullbacks Using Trend Lines and Price Channels
If you ask a group of price action traders about their favorite tool for trading pullbacks, one of their top answers will be trend lines. And there is a solid reason for that. Trend lines and their channels are simple but powerful tools for amplifying the value of price action. This article will show you […]
How To Trade Candlestick Patterns With Trend Lines
Combining candlestick patterns with trend lines is a classic price action trading strategy. This approach bears great appeal for minimalists. Armed with the skills to draw reliable trend lines and spot candlestick patterns, you are ready to go. Candlestick traders often use indicators like Stochastics or moving averages to upgrade their trading. But with trend […]
A Simple and Complete Trend Line Trading Strategy For Price Action Traders
Trend lines are fascinating trading tools for analyzing price action. It is not the Holy Grail. But it does force you to focus on price action and help you align with the market bias. By combining trend lines with price patterns, you can also use it to pinpoint trade entries. This versatility explains its popularity […]
