These articles are available to our premium members only.
Today we are going to do a closer analysis of congestion by doing a bar by bar overview of some examples. Rather than spend a lot of time re-hashing congestion, make sure you follow this link and read our previous article first, as it goes into detail on understanding what congestion looks like and how to handle…...
What many aspiring traders do not understand is that learning to day trade consists of two important steps, one of which is a good strategy and two which is trading psychology. Step one is finding and learning a trading strategy that actually works and that is fundamentally sound. Most new traders never even achieve that first…...
I get asked rather often as to whether or not multiple charts are necessary when day trading, so I will address that for you today. One of the things I love most about our price action trading strategy is the overall simplicity of it. Traders simply do not need a stack of monitors with multiple…...
One of the hardest things for new traders to determine is what is happening at the market open. What I mean by this is that newer traders struggle to determine if the market is in a range or trending, and if they can not figure that out, then they do not know specifically how to…...
Today’s lesson is going to be short and sweet, but it’s on a subject that many struggle with, and that’s breakout pullback trades. These types of entries can be very tricky, and while occasionally they make some of the very best trades, they probably fail more than any other pattern that we watch and trade…....
One of the best but least understood trade patterns are what I refer to as “traps!” While most traders don’t even know about traps, those that do understand them also understand how traps can make price action traders quick and easy profits. Have you ever watched prices move in one direction on multiple swings, and…...
Traps Can Make Price Action Traders Quick And Easy Profits Read More »
One of our most reliable tools for finding targets and understanding where prices are headed is by the use of measured moves in the price action. Like anything price action related, it takes a while to get this process down to where you can easily spot the moves, but once you understand that there are…...
Today I want to discus some additional details on trend line breaks and retests. If you don’t already understand the rules on trend line breaks, then be sure to go back and review the lesson on them following the provided link before going through this lesson. The overall idea is that trend line breaks are…...
Additional Details On Trend Line Breaks And Retests Read More »
Today we are going to discuss the importance of recognizing rejection and acceptance of prices when reading a price chart. The ability to recognize and understand these two principles are very important to reducing bad trade entries and recognizing good set ups. If you haven’t already read it, make sure that you have gone through…...
One of the biggest mistakes losing traders make is that they are constantly looking for trade entries while day trading, when their goal should be to scout for “key entry points” in advance and wait patiently on their set ups or entries to occur at these strategic locations. Today’s lesson will discuss the importance of…...
The Importance Of Key Entry Points To Price Action Traders Read More »