Articles on institutional positioning, options flow, price action, and the neuroscience of trading.
Reversals are one of the most common elements in markets traders are wanting to either know of to avoid or confirm their trade. The clues to whether a reversal is in play are hidden in the price action and easily found. These key elements are found in rejections which show up in the price action…
The Breakout-Retest Trade Here is a simple price action strategy anyone can trade on almost any time frame. This forex breakout strategy is based upon a simple price action formation called the Breakout-Retest formation. The key element involves price breaking a major high or low with a very impulsive move. The impulsive move suggests commitment…
Effective Trailing Stops One of the most common questions I get from traders is how to trail a trade.There are several solutions and one of them is to have two targets whereby the 1st one gets easily hit and then you move the stop to BE (breakeven) to reduce the risk.However, trades can often go…
One of the most difficult challenges for traders is finding forex entries and exits. It’s an important question that needs to be answered and can determine if you are; 1. getting in at the correct location 2. can have your risk defined and as minimal as possible 3. have a clear location to take profit…
We have gone over one method to use the 20ema for getting into trends after they have materialized and gotten underway. In this article, we will talk about another common setup trends often form giving us as traders another method to get into trends. The EMA Failure – With Trend Setup As mentioned before, trends…
When trading price action or using price action triggers such as Pbars, Inside Bars, Shaved Bars, etc. it is important to always wait for the bar/candle to close more than anything else. Many people have challenges trading any system because the signals are forming in real time and not necessarily when the candle closes so…
Wicks are an interesting phenomenon in price action formations and are virtually a part of every candle.Wicks can form on the top, bottom or both sides of a candle and represent the highs and lows of the price action for that candle on that time period. What is important to remember about learning to…
As forex traders, we have the challenging task of trading to make profit from the price moves in the market. This entails finding the where (price), when (timing), and the direction (trend). Most traders end up searching the savannah of trading systems adding tons of indicators on the charts that end up looking like an…