Volume and Price Action Trading

What Is Price Action Trading?

Price Action analysis helps traders make informed decisions on trading, based on how prices have behaved in the past, and how they are behaving right now. There are a few main schools of thought when it comes to analysis charts. A trader can analyse the charts based on: Price Action Indicators A mixture of 1+2 […]

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GBPUSD Forex Trade 23 Nov 2020

I originally planned to not place any trades this week because Thanksgiving is going to be on this Friday. Folks will be on leave, and volume will drop in the markets, leading to increased volatility. But then I took at look at my Forex charts (GBPUSD). A perfect trade setup turned up that made it […]

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NZDJPY Trade 17 Nov 2020

Trend Reversal In this NZDJPY H4 chart, we see that strong selling volume has occurred in the down wave to (a) after the high, compared to the very last up-waves to the high (227 and 138 volume). After the down move (a), there was a pullback up to (b). If we add up all the […]

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GBPUSD Analysis 17 Nov 2020

I started my analysis by looking at the GBPUSD M30 chart. GBPUSD M30 Notice that price was unable to go above the general level as shown in the chart, with selling coming in each time to bring prices down slightly. There was no strong buying or strong selling though. I do note, however, that the […]

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Weis Wave Trades Stopped Out and Re-entry

I'm a fan of incorporating Volume into technical analysis and have been using VSA (Volume Spread Analysis )for a while. Recently, I have also been spending time to learn about the Weis Wave and Tim Ord's Ord Wave. Tim Ord's book is very useful as he gives a numerical gauge (50%) rather than "less than" […]

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Where to Take Profit During Trades

I'm a day trader and don't want to hold onto trades for too long. Some people say if you take profit too early, you are leaving money on the table. That's true, but what if price reverses? As the saying goes, "a bird in the hand is worth two in the bush". Example Take Profit […]

Read More
What Is Price Action Trading?

Price Action analysis helps traders make informed decisions on trading, based on how prices have behaved in the past, and how they are behaving right now. There are a few main schools of thought when it comes to analysis charts. A trader can analyse the charts based on: Price Action Indicators A mixture of 1+2 […]

Read More
GBPUSD Forex Trade 23 Nov 2020

I originally planned to not place any trades this week because Thanksgiving is going to be on this Friday. Folks will be on leave, and volume will drop in the markets, leading to increased volatility. But then I took at look at my Forex charts (GBPUSD). A perfect trade setup turned up that made it […]

Read More
NZDJPY Trade 17 Nov 2020

Trend Reversal In this NZDJPY H4 chart, we see that strong selling volume has occurred in the down wave to (a) after the high, compared to the very last up-waves to the high (227 and 138 volume). After the down move (a), there was a pullback up to (b). If we add up all the […]

Read More
GBPUSD Analysis 17 Nov 2020

I started my analysis by looking at the GBPUSD M30 chart. GBPUSD M30 Notice that price was unable to go above the general level as shown in the chart, with selling coming in each time to bring prices down slightly. There was no strong buying or strong selling though. I do note, however, that the […]

Read More
Weis Wave Trades Stopped Out and Re-entry

I'm a fan of incorporating Volume into technical analysis and have been using VSA (Volume Spread Analysis )for a while. Recently, I have also been spending time to learn about the Weis Wave and Tim Ord's Ord Wave. Tim Ord's book is very useful as he gives a numerical gauge (50%) rather than "less than" […]

Read More
Where to Take Profit During Trades

I'm a day trader and don't want to hold onto trades for too long. Some people say if you take profit too early, you are leaving money on the table. That's true, but what if price reverses? As the saying goes, "a bird in the hand is worth two in the bush". Example Take Profit […]

Read More
What Is Price Action Trading?

Price Action analysis helps traders make informed decisions on trading, based on how prices have behaved in the past, and how they are behaving right now. There are a few main schools of thought when it comes to analysis charts. A trader can analyse the charts based on: Price Action Indicators A mixture of 1+2 […]

Read More
GBPUSD Forex Trade 23 Nov 2020

I originally planned to not place any trades this week because Thanksgiving is going to be on this Friday. Folks will be on leave, and volume will drop in the markets, leading to increased volatility. But then I took at look at my Forex charts (GBPUSD). A perfect trade setup turned up that made it […]

Read More
NZDJPY Trade 17 Nov 2020

Trend Reversal In this NZDJPY H4 chart, we see that strong selling volume has occurred in the down wave to (a) after the high, compared to the very last up-waves to the high (227 and 138 volume). After the down move (a), there was a pullback up to (b). If we add up all the […]

Read More
GBPUSD Analysis 17 Nov 2020

I started my analysis by looking at the GBPUSD M30 chart. GBPUSD M30 Notice that price was unable to go above the general level as shown in the chart, with selling coming in each time to bring prices down slightly. There was no strong buying or strong selling though. I do note, however, that the […]

Read More
Weis Wave Trades Stopped Out and Re-entry

I'm a fan of incorporating Volume into technical analysis and have been using VSA (Volume Spread Analysis )for a while. Recently, I have also been spending time to learn about the Weis Wave and Tim Ord's Ord Wave. Tim Ord's book is very useful as he gives a numerical gauge (50%) rather than "less than" […]

Read More
Where to Take Profit During Trades

I'm a day trader and don't want to hold onto trades for too long. Some people say if you take profit too early, you are leaving money on the table. That's true, but what if price reverses? As the saying goes, "a bird in the hand is worth two in the bush". Example Take Profit […]

Read More