Price action trading is a term that you frequently hear among traders currently. It is popular due to its minimalism and applicability across different markets and timeframes.
By Andrei Knight We’ve all spent time pouring over various indicators, trading systems, and other gizmos, trying them in various combinations, and often to our eventual frustration and disappointment. They all seem to work for a time, and then suddenly stop. What made them quit working? Are they broken? No… chances are, the market conditions … Read more
Two terms you hear a lot about are support and resistance. Basically, they are points on a chart where the probabilities favor at least a temporary halt in the prevailing trend.
This video from FXStreet explains how to use the MACD, one of the most popular indicators to identify trade opportunities in the forex market. MACD is great at identifying change because it compares what is happening right now to what was happening a little while ago. MACD shows you when there is a change in the … Read more
Words of wisdom from the mythical market timer behind Gann angles and the Square of 9.
Fibonacci jumped into the technical mainstream late in the bull market. Futures traders had it all to themselves until real-time software ported it over to the equity markets.
By Walid Khalil, CFTe, MFTA When I developed the Volume Zone Oscillator (VZO) back in 2009, the main idea was to translate Dow’s basic tenets” Volume Goes with the Trend” to an oscillator. This article will introduce the Volume Zone Oscillator (VZO) with its trading tactics to reach the trend definition from the volume point … Read more
By Tim Racette The first step to becoming a successful trader is developing a sound foundation of tools and knowledge in which to trade. Whether you’re new to trading or been at it for years, the tools and strategies outlined here provide a solid foundation for a successful trading career. Before we delve into actual … Read more
By Thomas N. Bulkowski Throwbacks and pullbacks are not new to securities, but if you don’t understand how price behaves, a losing trade may result. Figure 1 shows an example of a throwback. Price forms a symmetrical triangle by bumping up against overhead resistance highlighted by a down-sloping trendline and finds support along the bottom … Read more