Price action trading uses price movements themselves to make trading decisions. It doesn’t matter if logic says it should rise…until it rises the price isn’t rising. As price action traders, we look at price waves like a detective, gaining insight […]
Looking at stock, forex, or futures charts often make it seem easy to make money. Yet many traders and investors do not watch price action in real-time, rather they only see a five-minute, hourly, or daily chart in hindsight. While seeing […]
There are 2 true indicators when trading stocks, ETFs, or futures*, and those are price and volume. They can’t be disguised. If the price is to rise, at some point it must actually start going up. And if it is […]
This is a deep dive into the moving-average-convergence-divergence (MACD) indicator. Learn how it works, MACD strategies, its pitfalls, settings, when it is useful, and when it gives false signals. Understand the MACD on a deep level. Here are a few […]
Moving averages are a tool used by traders and investors for making trading decisions and analyzing price charts. Like any tool, it is how it is used that determines its usefulness. This article looks at ways moving averages are used […]
Price action trading relies solely on the price chart for making trading decisions. Price movement is the purest indicator traders have. Price determines profit and loss, nothing else. Price action traders believe the price tells you everything you need to […]
Average True Range (ATR), Average Day Range (ADR), and Intraday Range (IR) are all measures of how much an asset moves. They use different formulas, and therefore one may be better suited to a particular style of trading than another. […]