If you have been following my price action trading then you may already know that I prefer to analyze the candlesticks and price patterns rather than following indicator-based strategies. That’s why I decided to share a technique I use for trading the trends by first identifying support and resistance areas and breakouts. In my opinion, […]
Not every day is going to be easy to trade–some days are, some days aren’t. Depending on trading style, a tough day for one trader may be a glorious for another, but the fact remains every trader faces tough market conditions. Since I don’t start trading the EUR/USD until well into the European session, nearer […]
Clearing your charts of all indicators forces you to focus on the price. Price movement is what creates profits and losses, and is therefore the most valuable indicator you have. Price Action Entries October 31 was a trending day for the EUR/USD; trending days are relatively easy to trade as long as you trade with […]
Hi everyone, In this article I am going to share with you some trades I took with price action and volume.I took them in an exchange. Each trade has 5 minutes expiry.In all of them I buy contracts in the beginning of the five minutes.Firstly let’s see my trades. As you can see I bought […]
Hello everyone, I’m back finally after a long Christmas and New Years break. I hope that everyone had a wonderful Christmas and a great start to the New Year! While I was away I was reading up extensively on Price Action, in particularly Al Brooks books on price action (they finally came in!). I am […]
11/05/2012 Hello Everyone, so today I have a new strategy that I’ve been working on that I have completed. It’s a strategy that I have been tweaking for quite some time and its pretty simple (to me). I developed this strategy from other strategies I’ve found all over the internet. The best thing you can […]
BTC/USD Consolidation, Potential Reversal Ahead. The recent jobs and services data released throughout the week sent Bitcoin briefly below its $30,000 threshold but a swift recovery soon followed. At the time of writing the Digital Gold is trading just above this support, at $30,250, after reaching a low of $29,720. ADP’s No-Farm Employment Change report […]
Low-Volume Trading as 2023 Knocks on the Door. On January 1st, 2022, Bitcoin was changing hands at $46,600 and now, with just 1 day left in the same year, you can own 1 full Bitcoin for just $16,500. Should this be treated as a ‘doomsday’ event, where we anticipate a total BTC apocalypse? Or an […]
Bitcoin Turns Into a Loaded Spring. BB Squeeze in Play. Ripple Labs scored a new victory in their legal case versus the SEC but despite this, XRP’s price dropped as low as $0.4225 after previously trading at $0.4650. The Hinman documents – as they are widely known – have finally landed in Ripple counsel’s laps. […]
Central Banks Are Getting Ready for a Busy Week by Bogdan Giulvezan The safe-haven US Dollar made serious advances last week against its major counterparts: it took the Yen at a 5-year high, while GBP/USD printed a fresh yearly low at 1.3013. All this is ahead of the Fed’s March Meeting where we will most […]