Hello Traders. Today I have created a summary of this previous week's price action on a Session-Session basis. I explain in detail each of the 15 Sessions and how they relate to the overarching destination for the weekly candle. I hope you enjoy and please leave some feedback in you found this either useful or interesting. Best, Shrewdcatfx 🐱👓 Key for Chart 1 =...
THE 3 PHASES OF THE MARKET The market goes through 3 phases, these phases can be seen on all assets and on all time frames. They happen on repeat. These phases can be identified and market on your chart, to understand the true intentions of the market and also predict what will happen next. 1) CONTRACTION PHASE When price forms a LH and HL this is the...
This is not a trade idea, but just a guide about what to look for when a trend is starting. 1) Almost always a market will consolidate (range bound) before a trend starts. 2) You can trade the top and bottom of the range, but usually you have no idea if the range will break at the top or bottom, so it is better to wait for a breakout to show you the...
If you are studying a price action, you should definitely know Cup and Handle formation. Being applied properly, it can generate big profits. In this educational article, I will teach you how to identify this pattern. We will discuss its psychology and I will share with you 2 trading strategies. 📏And let's start with the structure of the pattern. The pattern...
Price action technical analysis is a popular and effective approach to navigating the financial markets, including stocks, options, futures, Forex, Crypto, and Commodity trading. This article will provide expert tips and insights to help you successfully trade various financial instruments using price action technical analysis. By understanding and applying these...
Welcome Back Traders! In this education idea, I explain how to improve your trading bias, by knowing when to change it based on the movement of price action. Please support this education with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like our trade ideas and education content delivered straight to your email in the...
In this educational article, we will discuss the foundation of price action analysis: the concepts of highs and lows. In order to grasp that concept, you should learn to perceive the price chart as the sequence of zigzags. Depending on the direction of the market and the shape of these zigzags, its peaks will be called differently. There are 6 types of them...
Hey traders, In this article, I will share with you the list of 4 best reversal price action patterns. 📍Ascending & Descending Triangles The main element of the ascending triangle as the REVERSAL pattern is the BEARISH impulse leg, preceding the formation of the pattern. The pattern consist of 2 main elements: a horizontal neckline based on the equal...
Studying price action and reviewing should be a key part to everyones trading and will improve overall results. Many Stocks, Currency pairs, Commodities or Indexes have differing nuances and characteristics with regards to Price Action so it is worth doing the homework before entering a trade. Even though they all trade around a similar Price Action Framework,...
In this educational articles, I will teach you the best price action patterns for Trend-Following Trading. 📍Ascending & Descending Triangles The ascending triangle will be considered to be a trend-following pattern if the impulse leg preceding the formation of the pattern is bullish. The pattern consist of 2 main elements: a horizontal neckline based on the...
Hello dear traders, Here are some educational chart patterns you must know in 2022 and 2023. I hope you find this information educational and informative. We are new here so we ask you to support our views with your likes and comments, Feel free to ask any questions in the comments, and we'll try to answer them all, folks. bearish candlestick pattern:- Bearish...
An important element of studying price action is often ignored, even though it is perhaps the most important one - at least for swing traders. WHO IS IN CONTROL OF THE MARKET AT THIS TIME? After all we all want to trade in the direction where the strength lies. In this example of USDJPY, note how large the recent bullish candles are. This shows momentum lies with...
What is day trading? Day trading is the buying and selling of stocks, foreign exchange, commodities and other assets or financial derivatives during a single trading session. Traders speculate on the movement in asset prices by employing various strategies. Decades ago, day trading was undertaken only by investment firms, financial institutions, trading funds...
Hello traders and future traders!! I know there is a point in the trading journey where you have so much information that it gets confusing, and you try to apply everything that you have read, but price action strategies shows us how simple are the markets and how easily we can interpret one without using tons of indicators, but just the price movement. Here are...
Hey traders, In this article, we will discuss Multiple Time Frame Analysis. I will teach you how to apply different time frames and will share with you some useful tips. Firstly, let's briefly define the classification of time frames that we will discuss: There are 3 main categories of time frames: 1️⃣Higher time frames 2️⃣Trading time frames 3️⃣Lower time...
in the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap. also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that...
Hi 👋 In this post I would try to throw some light on the Price & Wave Volume relationship (popularized by late David Weis). This method may help trades in two ways: 1️⃣Ride the trend 2️⃣Picking the end of a rally I came across this chart randomly and found that there are a few principles that I can discuss with the help of this chart. Before reading any further...
Do you find yourself drawing too many levels on your charts? Do you struggle to know which levels that actually matter for trading decisions? Do you wonder why price moves straight through some key levels and not others? This video will show you how to analyse a stock using Multi-Timeframe Analysis techniques to find the key levels that actually matter for...