Candlesticks

Using Price Action for Day Trading

In current days with the US economy in trouble, inflation and sure recession, and a bearish structure and high volatility in markets, it's risky for a cautious trader to create a long-term portfolio. Today i t' s advisa ble to do swing or day…

The Trend is your Friend

In a previous post , we saw how Wyckoff determined that there were four market phases and only four typical possible trades, being the first the Trend Continuation or Trend Trading , which I will discuss in this post. This trading is used by the tren…

Recognizing Breakouts from False Breakouts

Along with  Trend Trading , one of the most exciting moves loved by all traders, novice or professional, is to determine a precise breakout, via the so-called Breakout Trading . In my case, they are my two favorite trades  out of the four defined by …

Basics of the Reversal Trading

I always try to be orderly in all aspects of life, including this blog. I believe that this facilitates the understanding and analysis of the facts. Thus, following that philosophy, here I will present my ideas on the profitable but risky Reversal Tr…

Best Candlestick Patterns for Price Action

Candlesticks are the soul of Price Action Analysis , as its charts are a reflection of what buyers and sellers are doing, packing data for multiple timeframes into single price bars. As told in a recent post the key to a better Price Action Analysi…

Basics of Price Action Analysis

Price Action or the movement of a security's price plotted over time, is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. It's about understanding the imbalance between buying and selling pre…

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