The concept of support and resistance is a cornerstone of price action trading. A huge part of price action trading pertains to analyzing support and resistance levels of different degrees. The aim is to integrate them to form your market opinion and execute your trades. In this guide, you’ll learn everything you want to know […]
The Ultimate Moving Average Trading Guide
Let’s start with a question. What is the most common technical indicator? Hint: Even fundamental analysts place this indicator on their charts. You don’t need to reach too far to find the answer: moving average. The moving average (MA) is the most common technical indicator. It is likely among the first indicators you learned, and […]
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. […]
7 Trading Channels For Analyzing Price Action
Price channels present a powerful tool for visual analysis. They are different from other indicators/tools as you would plot them over price action. This ensures that you integrate price action with the channel for a holistic analysis. Beyond its emphasis on price action, channels are also incredibly versatile. You can use them to: Determine trends […]
How To Catch Trends With Heiken-Ashi Candlestick Analysis
Candlestick patterns offer reversal signals that are effective when you combine them with other analyses. However, there are dozens of candlestick patterns, including exotic patterns that rarely form. Is there an alternative way to catch trends with candlestick patterns? Yes. Let’s get to know the Heiken-Ashi candlestick chart. A Heiken-Ashi (or Heikin-Ashi) candlestick chart is […]
How to Trade with Price Action
The term “price action trading” sounds like a secret formula to trading success. But in reality, it is an open and logical form of technical market analysis. It does not promise success, but it does offer unique insights into the market’s behavior. How to trade with price action? This is not an easy question. Price […]
