Trend line channel – a simple tool based on plain ol’ price action. Basically, it’s a pair of lines that highlights the market trend, trade entry, and exit. What more can a minimalist trader ask for? Or should I say what less can a minimalist trader seek? Before you can trade with a trend line […]
What’s in Your Price Action Trading Toolbox? 5 Skills All Price Action Traders Must Have
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 make money off your interpretation of price action. Price action is simple, but being a price action trader is tough. In real trading, […]
John Hill’s Trend Line Theory – Using Trend Lines for Trading Pullbacks
Trend lines are amazing trading tools. Even traders who swear off indicators draw trend lines. Seasoned traders can see how price action interact with trend lines without drawing them. If you want to join their ranks, John Hill’s Trend Line Theory is an excellent place to start. John Hill is a co-author of Ultimate Trading […]
Swing Trading with Trend Lines
The trend line is one of the most powerful tool for technical traders, which describes most short-term swing traders. Why do I say that a trend line is a powerful tool? The power of a trend line does not come from the profits it generates for its users. Rather, it comes from the many facets […]
