Evolving or dynamic support and resistance is one topic that has been attracting many questions, especially from newer students. This article discusses what dynamic support or resistance represents and how you can use it in trading.
Every trader knows that Pin Bars are an excellent reversal pattern, strongly recommended when a correction within a primary trend is considered has formed and you are trading with trend. A Pin Bar certainly provides an important technical signal, but…Continue Reading →
Price action provides different reversal setups for traders across all markets. There are several price action reversal setups one can choose from. These include; Head and Shoulders Patterns; Pin Bar Reversals ; Engulfing Bar Reversals Outside Bar Reversals Piercing Patterns…Continue Reading →
The idea of Impulsive vs Corrective moves stem from one very useful concept of the Elliot wave principle. It was noticed that all market price moves are not equal in size and length and that they could be divided into…Continue Reading →
The most simple definition of price action would be ‘price’s movement over time on any time frame and chart’. If price moves one tick on a tick chart, that movement is price action. If price moves 10pips on a daily…Continue Reading →