Trading Rule #1 – Know Thyself
I am going to start this article talking about one of the most important things developing traders will need to know – that is to ‘Know Thyself‘. Â This recently came up for me as a newer student sent me a …
I am going to start this article talking about one of the most important things developing traders will need to know – that is to ‘Know Thyself‘. Â This recently came up for me as a newer student sent me a …
Here is a new trading video on how to spot key elements to enhance your counter-trend setups using price action triggers and reading the key price action elements.
In one of my most recent webinars on FXStreet, I talked about a key method for detecting when a trend is over-extended, which is to look for a climax or exhaustion reversal bar. Â I had mentioned how from an order …
Price Action Forex Trading – Climax & Exhaustion Reversal Bars Read More »
Have you ever tried to trade engulfing bars? Maybe you are currently doing so? How has that been working out for you so far? A guess would be not so good. There is a reason why your engulfing candle trading …
Engulfing Candle – The Truth No One is Telling You Read More »
I have been working really hard lately on my upcoming book ‘Trading Price Action‘ which I am seriously looking forward to finish and deliver to the world at large. Â Currently I am dissecting a chapter on pattern recognition and came …
How Many Patterns Do You See Here? A Forex Trading Quiz Read More »
I want to share with you some results and tell me if you think these would be considered professional grade, or highly impressive to say the least; 110% gain for 2011 124 Trades, 74 winners, 50 Losses 59.67% Accuracy Rate …
One of the questions I get most often about reading price action has to do with breakouts. How to spot them? How to know when it is a false breakout? How to get in after it’s already broken out? Ok, …
Reading Price Action – Key Price Action Elements to Breakouts Part 1 Read More »
Here is a new video on trading intraday price action trading. Â In this video, I am demonstrating how to read forex price action on an intraday basis for short term price action trading. For those of you wanting to learn …
Price Action Trading – Trading Intraday Price Action Read More »
Many people will talk about their forex Risk-Reward ratios such as it’s important to have 2:1, 3:1, or whatever to one ratio, but this is just the tip of the iceberg of risk-management and leaves you uninformed and un-empowered.  You …
The 4-Hour Chart No, this is not a Timothy Ferriss promotion or new book, but an examination of the 4hr chart, along with the how and why I recommend using it for your price action trading. If you are in the …