Inside Bars – The Hidden Price Action Driver
As odd as it is many aspects of trading analysis aren’t necessarily based on what’s happening as much as what isn’t happening. If you’ve heard of traders shorting VIX, that’s somewhat related. Traders will wait for a spike in volatility...
Price Action Pin Bars
We’ve looked at the importance of candlestick wicks in a few of our articles in the price action sub-module already. Wicks highlight reactions, and as traders, those reactions can be key because they may clue us into what might happen...
Engulfing Formations for Price Action Trading
There’s a litany of candlestick formations that traders can look for but few carry the potential of the engulfing candlestick. Introduction to Technical Analysis Candlestick Patterns Recommended by James Stanley Start Course Engulfing candlesticks are fairly simple to explain, it’s...
Trading Triangles in Price Action
Much of trading is waiting. I get it, that’s not what you want to hear. You want action, you want riveting, you want excitement. Heck, this topic is called price ‘action’ so, there surely must be something actionable about it,...
A Price Action Tell: Support at Prior Resistance, Resistance at Prior Support
As we talked about in our introduction to price action, markets are cyclical creatures. Prices go up, prices go down and as traders, the most we can hope to do is ride on the right side of the wave for...
Price Action Support and Resistance
As we look at throughout our education section there’s a plethora of ways to find support and resistance levels. Fibonacci is a popular tool and psychological levels are a significant point of interest. But, if markets don’t acknowledge that support...
Yellen says the administration is fighting inflation, admits she was wrong that it was ‘transitory’
Treasury Secretary Janet Yellen emphasized that the White House has several strategies that will reduce inflation she conceded is too high for Americans.
Trend Trading
An Introduction to Trend Trading Of the three market conditions, trends are often the most sought after. This is an attractive market condition for traders for a number of reasons, key of which is one of biasing. The future is...
Yen Accelerating Down, Aussie Rising With Loonie
Australian Dollar is leading commodity currencies higher again, on the back of positive market sentiment. The Aussie is additionally support by better than expected GDP data, which affirms the case for more RBA rate hike. Canadian Dollar is also firm,...
Range Trading
How many different types of market environments are there? To be sure, we can line out a litany of different backdrops that traders might find. But, if we reduce price movements to their lowest common denominator, there’s really only two...