The two-bar reversal is a straightforward but useful price pattern. However, some traders overlook this pattern precisely because of its simplicity. They believe that you can only trade profitably with sophisticated patterns. Is that true? As with all price patterns, it is the context that matters. So don’t fixate on intricate price patterns. In the […]
Quick Trade Using Linear Regression Channel For Trading Options
Quick Trade Using Linear Regression Channel is a trading method from Bernie Schaeffer’s book – “The Option Advisor: Wealth-Building Techniques Using Equity & Index Options.” As this trading strategy is designed for trading options, it aims to find a quick trade that does not drag beyond a week. This trading style is suitable for any trader who […]
How To Trade Reversals With The 1-2-3 Price Pattern Setup
The 1-2-3 trading setup is a classic price pattern for trading reversals. Victor Sperandeo popularized it in his book – Trader Vic: Methods of a Wall Street Master. This excellent book offers more market perspectives than specific trading tactics. But the few setups discussed in the book are illuminating. This tutorial discusses my interpretation of […]
The Power Of Multiple Trading Signals In Confluence Zones
Confluence is the act of coming together. Traders use it as a fancy word that refers to having multiple reasons for taking a trade. The more reasons you have to take a trade, the better. And bonus points if the reasons are unrelated. There are many possible reasons for taking a trade. These are some […]
How To Trade Cryptocurrencies With Price Action
Cryptocurrencies are hot now. They have created a new wave of active traders specializing in them. Unsurprisingly, some of these traders are turning to traditional financial markets for ideas. And a common question is this: does price action work for cryptocurrencies? There’s no better way than seeing it for yourself. Let’s look at how price […]
How To Trade Stock Markets With Price Action
Can you apply price action for trading stocks? How about futures? Spot forex? Cryptocurrency? These are frequent questions I get in my email. The short answer is yes. You can use price action trading in most liquid markets. Some price patterns might work better in specific markets. But these are observations you can only pick […]
