Today we are going to take a step back and discuss some price action basics. Today’s topic is such a major piece of the puzzle that the importance of it is often...
One of the things that most traders assume is that they can get rich quickly as a day trader. They come into this business with fantasy beliefs rather than looking at things...
Lately I am getting a lot of questions on when you can start taking trades in the opposite direction of the trend, or when is counter trend trading OK? First, counter trend...
One of the things that many traders fail to clearly understand is that a market will test specific price areas, or make what I call price action tests or retests if you want...
Occasionally I will get an email from someone that tells me that they heard me say something in a video or trading lesson in which they had never heard me say before,...
I have done at least one previous article on candlesticks, but some of you have asked me to talk more about them, so Japanese Candlesticks will be our lesson topic for today. ...
While there are not a lot of difficult details to understanding a spike and channel, I am getting a lot of questions about them all the same, so today’s lesson will cover...
One of the main reasons day traders lose money is that they do not trust their evaluation of the price action A lack of trust in your own ability to read a...
I get a lot of questions about both second entries and failed second entries. I have done so many lessons and articles on second entries that there really is not much more...
You will often hear me say that your trend lines do not have to be perfect, but rather they can be close and you can still come to the same conclusions about...