Tag Archives: price action

Horizontal Lines – Fading key levels with price action trigger   This strategy is meant to show the simplicity and power in simply looking for two things: a key level in the market (horizontal line) and an obvious price action signal. Some of the biggest moves in any market are signaled by a price action setup that formed at a …

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Candlestick PatternsHammer & Shooting Star & Evening & Morning Star   Candlestick patterns are useful for Price Action Trading , they provide useful information about the market. They are quite effective when used in conjunction with other technical indicators and tools. I find the hammer and evening star especially useful because they can serve as warning signs of price reversal. A candlestick is a visual representation …

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Trendlines & Channels As mentioned earlier, a trendline is a straight line drawn over the price to connect the swing highs in a downtrend, or under the price to connect the swing lows in an uptrend, to represent the main direction of price and to identify areas of support and resistance. Pivot points are essential in drawing trendlines. Pivot points …

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  what is the trending market ! A trending market is simply a market that is consistently making Higher Lows (HLs) and Higher Highs (HHs), or a market that is doing the inverse – moving down and making Lower Highs (LHs) and Lower Lows (LLs). See below how the Dow Jones was in a nice bullish uptrend. As you can see, the …

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  Price Action Easy ebook  – learn price action trading   By // priceactioneasy.com   – Price Action Intro Most of the traders are not capable to setup a proper technical analysis. Vast majority of traders don’t know the basics of price action, they can’t properly read the info off  the chart and they keep using served strategies without knowing their background. …

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  The Art & Science of Technical Analysis by Adam Grimes   PART I The Foundation of Technical Analysis CHAPTER 1 The Trader’s Edge Defining a Trading Edge Finding and Developing Your Edge General Principles of Chart Reading Indicators The Two Forces: Toward a New Understanding of Market Action Price Action and Market Structure on Charts Charting by Hand CHAPTER 2 …

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