When trading any market, particularly the ES, we prefer to use tick charts over time based charts. Â For this reason, we want to share with you the facts about tick charts and how they help improve price action trading results. Â The most important reason we prefer tick charts is because they allows us another window
Facts About Tick Charts And How They Help Improve Price Action Trading Read More »
You can actually limit trading mistakes with price action trading strategies if you are disciplined enough to follow the rules properly. Â The reason this is possible is because if you are following the price action, then you are not trying to pick tops and bottoms, and instead, you are waiting on the proper set ups
Limit Trading Mistakes With Price Action Trading Strategies Read More »
In this article we are going to discuss how we use a two part exit strategy for better price action results. Â While learning where and when to enter a trade is extremely important, we believe that we have found a way to profit on our entries more often than not, simply by having an improved
Use A Two Part Exit Strategy For Better Price Action Results Read More »
We are often asked the question here at Price Action Trading System: Â Is price action trading the same as chart pattern trading? Â While we as price action traders are interested in seeing certain set ups on our chart before entering, it is much more complex and much different than looking for wedge patterns, head and
Is Price Action Trading The Same As Chart Pattern Trading Read More »
I am often asked the question as to what makes a successful price action trader? Â To be honest, the answer is not really any different than the same thing it takes to make a successful market trader of any type. Â You see, I believe that any trader that is successful actually has a good understanding
I talk a lot about being patient and waiting on the trades to come to you, but based on some of the feedback I get, I don’t think many traders are hearing this, thus today’s trading article on how to use price action to find trade entries in advance. Â As a day trader that relies
Use Price Action To Find Trade Entries In Advance Read More »
If you have read any of my previous articles here on the website, or even if you have listened to more than a few of my videos, then you have most certainly heard me say that trading itself is not really that hard, but in fact, the reason there is so much failure in this
Why Discipline Is So Important In Price Action Trading Read More »
If you really want to improve your day trading ability, you must learn to read a chart, which is what we refer to as price action trading. Â What the average day trader does not realize though is that they can become a better price action day trader by studying their charts at the end of
Become A Better Price Action Day Trader By Studying Read More »
The market open is often one of the best times to make a trade because the open often offers some great moves due to the fact that the market is normally very emotional at the open, so this increases both volume and volatility, which is what is needed to move the market quickly and consistently
Using Price Action Helps You To Determine Entry Direction During The Market Open Read More »
I am often asked if trading with price action offers a more consistent way to determine trade entry locations, and the answer is an astounding yes! Â Our number one rule in price action trading is to never counter trend trade. Â Most traders lose money because they are always trading against the prevailing trend. Â There
Price Action Offers A More Consistent Way To Determine Trade Entry Locations Read More »