Toby Crabel, a pioneer in systematic trading, did some serious work on volatility patterns found in price action. In his splendid work, “Day Trading with Short Term Price Patterns and Opening Range Breakout,” he discussed his research of many volatility-based price patterns, including the Inside Day/NR4 (ID/NR4). What is the ID/NR4 Pattern? This bar pattern combines two […]
How To Read Price Action With Bollinger Bands
Price action trading is more than just learning price patterns like the Engulfing candlestick and Head & Shoulders. We often overlook a crucial aspect of price action: its volatility. How much the market moves is as important as which direction the market moves. To integrate volatility into our analysis, Bollinger Bands offer a robust tool. […]
Trading With Consecutive WR7 Patterns
What do you look out for when analyzing price action with Open-High-Low-Close (OHLC) bars or candlesticks? Do you focus on the bar range (High minus Low)? In this WR7 tutorial, you’ll learn a powerful approach to make use of expanding bar range to improve your trading. The bar range within a period is a volatility measure. […]
Trading the Bollinger Band Squeeze
This Bollinger Bands tutorial introduces the Bollinger Squeeze trading strategy. John Bollinger designed the Bollinger Band Squeeze as a way to profit from markets that are poised to break out of a consolidation area. This innovative tactic uses not just Bollinger Bands but also a related metric called Band Width. To get an in-depth understanding of the […]
