Using Candlestick Wicks to Identify Price Action Support and Resistance
Earlier in the sub-module we introduced the topic of support and resistance when using price action and we started by focusing on a very important part of price action analysis: The Wick. Quite simply a wick is showing an intra-candle...
Price Action Trends
Most organic things live and experience the world in cycles. Whether it’s seasons or moods or growth, contraction often leads to expansion and when that expansion gets ahead of itself – it contracts, and the cycle goes on. Most human...
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...
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...
How to Trade Ranges
As we looked at in our previous article, the range market condition is often one of the more ignored conditions by new retail traders, and that’s generally due to the perception of capped potential. After all, if I’m trading a...
Breakout Ballistics in Trading and Analysis
An Introduction to Breakout Trading In our last section we looked into range-bound market conditions and mean-reversion strategies. As we shared, markets will either be trending or they won’t, and that pretty much denominates most of a market’s state. But,...
Breakouts: Risks, Downsides and Pitfalls
In our last article we looked at the breakout market condition while talking about the parameters around that. The breakout is the transitory state between a range or mean reversion and a fresh trend; but there’s a plethora of risk...
Trading Rules and Wisdom
The video above outlines a few rules and tenets that can be helpful to traders staying on the right path on a consistent basis. Some of them might seem a little cliché, but clichés come about for a reason, because...
Trading Breakouts and Pullbacks
In this piece I will discuss two core strategies; one entails entering on a retracement in price, or a pullback, and upon a breakout above or below an important technical level. These strategies each have their advantages and disadvantages, often...
Building Confidence in Trading
It should go without saying, but confidence is essential to trading or anything we set out to do, for that matter. There are certain ways to approach building confidence, maintaining it, and making sure you stay on track. Having a...