Nifty Trades at higher levels but option data is confusing and shows that market can moves in sideways direction. By using Price action we can try to add positions near support with proper Money management and risk reward ratio
ICT's guide to Friday's Asian Range Concept in relation to a normal Monday's Trading. The accuracy is quite astounding. At exactly 5x the Asian Range of Friday in confluence to any Price Area of Interest and Monday's Daily Bias. It makes price prediction almost quite effortless.
A foundational concept in "pure" price action trading that underlies all trading decisions is that price will never "exactly" repeat itself. What I mean by exactly is that
current and future price will never be 100% identical to past price. At first glance it may seem the same, but when boiled down to the lower time frames, you'll notice
that current price is...
Educational Series
Price Action concept series
Engulfing pattern
Engulfing means to coverup small thing with larger thing.
It is a pattern which shows counter attack made by bulls or bears.
Bullish Engulfing
Whenever the entire of body red candles(Bear) is covered by Big green candle(Bull) then it is called Bullish engulfing candle. This pattern shows...
Support an resistance zones are critical in the market. These are the juicy spots from which market-makers get to feed themselves immensely. Many traders get trapped in these zones. Buyers are trapped when the market-maker's intention is to SELL and sellers are trapped when the intention is to BUY.
It very important for ordinary retail traders like you and I to...
Learn how to identify a triangle.
The meaning behind this pattern explained.
Entry/stop/entry selection rules.
Real market example included.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
When it comes to price action trading, price analysis is at the foundation of our trading methodology. This analysis dictates all our eventual actions in trading. So seeing that price analysis is at the core of the price action trader's trading, we want to assure that we analyze with as much precision as we can. So how is that done? Let me explain how I go about...
Hey traders,
In this article, we will discuss a proven price action based way to identify the market trend.
❗️And let me note, before we start, that no matter what strategy do you use in your trading, you should always know where the market is going and what is the current trend. Your judgement should be based on strict and objective rules that proved its...
Hello my Fellow TraderZ,
Today this is not any Trade idea but a TUTORIAL on how to Trade the RANGE or the CHANNEL.
This is simple, safe, profitable and straight forward Price Action strategy.
Here we are taking the chart of US Govt. Bond 10Y-yield. This is the perfect setup of DECENDING CHANNEL on MONTHLY chart. No time bound you can trade at any TIMEFRAMES,...
Hey traders,
In this video, you will learn how to trade wedge pattern.
We will discuss the theoretical basics of this pattern.
Then, on a real market example, I will show you how to spot and trade it.
❤️Please, support this video with like and comment!❤️
Let's look at how market-makers succeed in trapping you and I in the market to make billions. These techniques, when grasped, can have an immense positive influence in your trading. Market-Makers use areas of support and resistance to accumulate/distribute order blocks. This creates massive liquidity for them to be able extract big profits, leaving the ordinary...
Learn my step-by-step guide for Head & Shoulders pattern trading.
This video includes important theory and real market examples.
❤️Please, support this video with like and comment!❤️
Learn how to trade multiple time frame analysis.
Includes important theory and real market examples.
Entry/stop/targets explained.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
The Inside Bar is a lovely pattern that shows consolidation in a valuable way. As you can see the candle parent candle creates the high and low that will low key to know the consolidation is over. Price staying inside this area tells you so many things !
1. The Market volume is low in terms of trades being executed on the instrument.
2. Where price is at fair...
Your ultimate guide for double top pattern trading.
Entry selection / stop placement / target selection explained.
Meaning of the pattern and identification rules.
Important tips & real market exampe.
❤️Please, support this video with like and comment!❤️
Hey traders,
In this post, we will discuss 3 simple and profitable types of a triangle pattern.
1️⃣The first type of triangle is called a descending triangle.
It is a reversal price action pattern that quite accurately indicates the exhaustion of a bullish trend.
Setting a new higher high the market retraces and sets a higher low, then bulls start pushing...
When trading price action, it's crucial that you understand the story of the currency pair you are trading.For what current price is doing is only valuable in the overall context of what a currency pair has been doing.Just like reading a book or watching a movie, watching it from the half-way point won't allow you to understand what's happening; for current...
Hey traders,
In this post, I will share with you my strategy to apply a trailing stop.
Please, note that I am applying a trailing stop only in trend-following trades and only when a trade is opened on a key level. I trade price action patterns, so the following technique will be appropriate primarily for price action traders. Moreover, my entries are strictly...
