Today’s guide is a really important one because I’m going to teach you how to navigate and deal with the most difficult market condition in all of forex… Consolidations! Along with trends, consolidations are one of the three key market phases you need to navigate in forex… and by far the trickiest. A single consolidation […]
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Today, I’m going to give you a complete breakdown on how to trade one of the only chart patterns worth paying attention to in forex… Yes, I’m talking about the double bottom pattern. Along with it’s brother (the double top), the double bottom is a reversal pattern that forms often in forex. Created from price
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If you’ve spent any length of time studying price action, you’ll have come across the concept of support and resistance. One of the most important trading concepts, support and resistance levels are lines that identify points where the price of a currency has a high probability of reversing. They form on all currencies and time-frames,
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In today’s post, I’m going to show you how to use one of the most useful and important tools in all of price action: Yes, I’m talking about the Fibonacci retracement tool. The Fibonacci retracement tool (or fib tool as I call it), is designed to help you find when and where a retracement will
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The pin bar reversal is one of the best price action strategies: it gets you into reversals early, can be used in a variety of ways, and is super easy to spot and trade. But for all its positives, the strategy has a big problem… False pins. Many pin bars — most of them in
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Trend lines are one of the most useful and versatile tools used by forex traders. But when it comes to drawing the lines, many traders, especially new ones, encounter issues. In today’s article, I’m going to show you how trend lines should be drawn. I’m also going to detail a couple of different ways you
How To Draw 100% Accurate Trend Lines (And 2 Ways You Can Use Them) Read More »
You can’t trade price action without understanding the pin bar reversal. Popular with both forex and stock traders, the pin bar reversal has cemented itself as one of the best price action strategies, and for good reason… With its long, easy-to-spot wick and tendency to predict reversals, the pin bar is not only beginner friendly
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