Trading Setups Archives - Page 2 of 13

7 RSI Trading Strategies That Will Boost Your Trading Prowess

By Galen Woods in Trading Setups on May 25, 2018

The Relative Strength Index (RSI) designed by J. Welles Wilder is a popular and versatile trading indicator. You can vary its lookback period, combine it with different trading tools, look for divergences, and even draw trend lines on it. Each method produces a unique tool that enables diverse strategies. Here you will find seven RSI […]

The Floor Trader Trading System

By Galen Woods in Trading Setups on April 13, 2018

The Floor Trader Trading System is an excellent retracement strategy found on Trading-Naked. It uses two moving averages to determine the trend. Then, it uses a simple pullback formation to enter the market. But don’t let its simplicity deceive you, there are subtle factors you need to take note of for it to be effective. More […]

How To Analyze Price Momentum With Micro Channel Trend Lines

By Galen Woods in Trading Setups on May 5, 2017

Being able to spot price momentum is a great skill regardless of your trading style. Equipped with this ability, you will be able to stay on the right side of the market. There are many ways to judge momentum. You can use the momentum indicator. Or you can watch price action carefully. After all, momentum, […]

Head And Shoulders Pattern Trading Guide (In-Depth)

By Galen Woods in Trading Setups on April 7, 2017

The head and shoulders pattern has a memorable name and a striking look. But the quote below confirms that the head and shoulders pattern is more than just a cute pattern. It offers real value to traders. Head-and-shoulders tops are the best performing bearish chart pattern in a bull market. Thomas Bulkowski, Author of Encyclopedia […]

Trading Pullbacks Using Trend Lines and Price Channels

By Galen Woods in Trading Setups on March 10, 2017

If you ask a group of price action traders about their favourite tool, one of the top answers will be trend lines. Trend lines and price channels are the best tools for amplifying the power of price action. In this article, you will learn a powerful pullback trading strategy. It is a simple approach using […]

3 Easy Ways To Make The Classic 9/30 Trading Setup More Powerful

By Galen Woods in Trading Setups on February 10, 2017

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 […]