5 Useful Price Action Entry Signals
This guide will assess the best price action entry signals for trading. As a trader, your fundamental goal is to purchase securities that are about to increase in price and sell securities that are about to decrease in price. Over time, consistently making the right...
Price Action Traders Prepare Themselves for a New Era in Trading
Price Action Trading is an approach to speculative trading that involves looking at recent price movements (also known as the “Price Action”) and using analysis to anticipate which price movements are most likely to occur. With a robust price action trading strategy,...
The Beginners Guide to Stop Loss and Take Profit Orders
To become a successful price action trader, you will need to know when—and how—to cut your losses and capture your winnings. Far too often, traders will hold onto their winning positions, hoping prices will climb even higher, only to eventually lose out. At the same...
What is the Difference Between Andrew’s Pitchfork and Schiff Pitchfork?
Pitchfork tool trading is a useful trading tool for both intraday and long-term traders. Using a pitchfork helps traders identify different types of trading channels, which helps them predict whether a trend is likely to continue in its current direction or revert to...
Pitchfork Trading Strategy: Andrew’s Pitchfork
By Richard Krugel Introduction to Pitchfork Trading Within most trading platforms lies a very powerful yet often overlooked drawing tool called the Andrews Pitchfork. Traders these days mostly rely on the use of indicators as a means of technical analysis, so much so...