Supply and demand, when sellers and buyers agree on a trade, determines asset prices. Market Psychology has tremendous impact on asset prices. Presumably, if a substantial number of transactions occur at one price, the price is telling us that supply and demand are in a temporary equilibrium (Range bound) and that both buying and selling […]
Market Psychology and Price action Trends Read More »
In this article, I will cover about Price action bars. Two important types of Price action bars, their market structures and how they are used in my practical trading. Candlestick patterns are categorized into multiple structures. The problem with trading candlestick patterns becomes obvious, after some experience in live markets. Hypothetical branching of candlestick patterns,
Introduction to Trending and Ranging Price Action Bars Read More »
When I infer price action through candlestick patterns, often traders misunderstand and conclude that “I am talking about candlestick patterns”. Fancy names such as Pin bars, Shaved bars, Engulfing patterns are referred to recurring price action candlestick patterns. These kinds of names to candlestick structure are often misleading. They’re treated with hard- fast rules and
Analyzing Price action in candlestick patterns – A skill to overcome limitations Read More »
Three push pullbacks is a particular kind of Price action pattern; which signals warning before an end of a trend. We often need to analyze this pattern to confirm its development, with practice and experience; you can recognize this pattern in an easy way. Three push pullbacks is a counter trend pattern; it’s only powerful,
Price Action Patterns – Three Push Pullbacks Read More »
This article focuses on Inter-relationship between Market structure and Price action patterns. Explains how price action patterns are found from reading market structure. Finally, it covers few core Price action patterns and how variety of other patterns and trading setups are found. In the last article, I covered the topic of Price action swing analysis.
Reading Price Action Patterns with Market Structure Read More »