While most day traders have heard about price action trading, most don’t really understand the full meaning of the term. Many people think that price action trading involves watching for certain chart
There seems to be a lot of interest in price action day trading rooms or any type of day trading room where proven traders call the trades and everyone else tries to
We have talked about how markets are often correlated and how you can use one market to possibly help judge the direction of a different market in previous articles, but today we
Today’s electronic trading is dominated by what we now know as High Frequency Trading. We know this computerized order entry technique has changed the day trading landscape, but does high frequency trading
The markets have been very choppy and ranging quite a bit lately as they slowly move higher, but along with the choppy ranges have also been short bursts of price movement that
Stocks are out of favor with the public and the economy has nothing but bad news on most days with an unemployment rate that favors a deep recession rather than a booming
One of the biggest issues I see with new traders is an inability to be patient while navigating the day trading learning curve. Most think that they can study our price action
We are often asked why we take counter trend trades when our price action trading rules warn against counter trend trading. While this answer is fairly straight forward, we think it will
In this post we are going to discuss how we set up our trades to manage themselves automatically with the use of automated strategies and why you should use automated strategies with
If you have studied the price action tendencies at the open of any market for a consistent period of time, you should be well aware of the fact that there is a