A price action trading system is a process for using price data to make buy and sell decisions on a watch list of charts. Price action trading attempts to use entry and exit signals that hav... Read more
Here are ten of the best price action trading books that I have read, written, or based on Amazon reviews. The primary strategies and systems found in these books focus on letting price acti... Read more
Reading price action is the art and science of trading by understanding the interaction of buyers and sellers as measured by prices on a chart. Many pure price action traders remove all tech... Read more
Munehisa Honma (本間 宗久) 1724-1803 is known as the father of the candlestick chart. He is believed to have been a rice merchant in 18th century Japan who traded the Dojima Rice market in Osaka... Read more
A breakaway gap is a chart pattern in technical analysis that shows a big opening gap in price above the previous day’s closing price. The gap in price action on the chart is where no... Read more
Market Wizard Richard Dennis was a legendary commodities trader nicknamed the “Prince of the Pit.” Early in his trading career in the 1970s, he was loaned $1,600 and is said to h... Read more
This is a Guest Post By Robert F. Smith @RobInTheBlack of Smith’s In The Black YouTube Channel Algorithms, a traders best friend. Wait, What?? One of the most common misconceptions in Tradin... Read more
Pure price action signals use the current price alone to indicate when to get in and when to get out of a trade. It is possible to use pure price action signals to create systems for entry a... Read more
In the trading world there is an ongoing debate in many circles on whether trading price action alone is best or if technical trading indicators can add value to trading decisions. Many bel... Read more
Order flow is the process of buyers and sellers trading between one another that causes market prices to stay the same or move up and down. Zooming in on order flow it is the volume bars alo... Read more
