Remember the classic 9/30 trading setup we introduced five years ago? Would you be shocked to learn that this simple strategy is all you need to start your trading journey? Sure, you will not be profitable right away. But it provides a great launchpad for a trader who is new to technical tools. When starting […]
9 Tools That Trend Traders Can Use to Find Reversals
What is your trading strategy for finding the most reliable trend reversals? As a trend trader, you want to position yourself along with the market trend. A trend reversal is both your entry and your exit. This is why you must answer this question to the best of your ability. Focusing on finding the best […]
10 Trading Rules From Seasoned Traders
Traders write their trading rules based on what they’ve learned from the markets. In fact, trading rules are often condensed market wisdom. For new traders, trading rules offer a compass to navigate the troubled market waters. For advanced traders, trading rules open perspectives. The question is whose trading rules do you want to learn from? Who […]
Trading Continuation with Runaway Gaps
Gaps represent prices that the market did not trade at. They are pockets of vacuum. For this reason, gaps intrigue traders. Hence, it is not surprising that there are various gap trading strategies. The trading strategy depends on the type of gap. (For e.g. exhaustion gap and runaway gap.) Runaway gaps occur in the middle of […]
How To Identify Demand and Supply Using Price Action
Want to find demand and supply in the market? Just look at the market depth screen and you will see orders to buy and sell at different prices. Those numbers show demand and supply. That’s all. You’ve found demand and supply. What can you do with it? Nothing. Now, think again. Do you really want […]
What is Stopping Volume in Volume Spread Analysis (VSA)?
Stopping volume is a concept in volume spread analysis (VSA). It refers to an increase in volume that stops the market from falling further. The assumption here is that the market is falling. Then, it experiences a surge in volume bullish enough to halt the fall. This is the theory. In practice, how do you look […]
