Pin bar candlesticks are usually reactions to imbalances supply and demand imbalances
A bullish pin bar usually appears at the end of the downward movement, not necessarily a downtrend. It opens within the body of the previous bearish candlestick and has a long lower tail and a small body. The pin bar candlestick will be useless unless you put price action in the context of the surrounding...
Always look left before placing a trade
Why is it advised to look left and right while crossing the road? If you only looked right to check whether any immediate incoming vehicle was approaching you, you might get stuck up in the middle or hit by the car from the other direction, which you didn’t check. Or, after checking the left side,...
How To Make Predictions For Trades in Stocks and Forex Weeks and Months Ahead
How To Make Predictions For Trades in Stocks and Forex Weeks and Months Ahead. You can learn to plan your trades weeks and months before the move happens. You may be wondering how that is possible. Simple, the stock market, the Forex and crypto markets are moved by supply and demand forces you are unaware...
Price action trading is the only non-lagging indicator
Price action trading is almost everything. Price action trading is the only non-lagging indicator. Most traders love technical indicators and oscillators. I have seen many traders excited when they discover a new tool to drag on their charts, adding all sorts of colours, lines, and arrows all over the place. However, the absolute truth is...
Bigger timeframes and supply and demand is the trading edge you need
You need an edge in trading. Bigger timeframes and supply and demand can be your trading edge, but you must do things differently before that happens. If you do what everyone else does, you will lose money because that’s what most traders do. The markets you trade are irrelevant because most traders will succumb to...
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