Trend line channel – it is a simple tool based on plain ol’ price action. However, with some practice, you can boost your market analysis with this elegant and powerful tool – a pair of lines that highlights the market trend, trade entry, and exit. What more can a minimalist trader ask for? Or what […]
Swing Trading with the Outside Bar Failure
You have seen many Outside Bars as you scrutinize price action. So you know first-hand how it could smash the expectations of committed traders. But you might not be sure how to take advantage of this unique bar formation. If so, this method offers a solid option by focusing on the pattern’s failure. Before we […]
Three-Bar Inside Bar Pattern
Price patterns have endless possibilities. Once you grasp the fundamental concepts of price action trading, a natural progression is to re-interpret classic bar patterns. That’s precisely what Johnan Prathap did in the Technical Analysis of Stocks and Commodities (March 2012 issue) by introducing the three-bar inside bar pattern. Introducing The Patterns Since this approach seeks […]
Trading The Engulfing Candlestick Pattern With Market Structure
If you are familiar with candlestick trading, you must know the Engulfing candlestick pattern. Its unique visual and dramatic name makes it one of the most popular price patterns. In this tutorial, let’s examine how to form a strategy by looking for this pattern within an ideal market structure. What is the Engulfing Candlestick Pattern? […]
How To Trade Major Reversals With 50% Retracement Zone
Reversal trading is a high-risk trading approach as you need to spot the exact turning point. Hence, reversal trades make sense only when you expect high rewards—the classic high-risk, high-reward method to taking advantage of market movements. Reversals, when you pinpoint them, offer huge rewards. But they are hard to get right. Hence, we should […]
Trading Pullbacks Using Trend Lines and Price Channels
If you ask a group of price action traders about their favorite tool for trading pullbacks, one of their top answers will be trend lines. And there is a solid reason for that. Trend lines and their channels are simple but powerful tools for amplifying the value of price action. This article will show you […]
