November 2023

The timeframes you choose will largely depend on your trading style and objectives. If you’re a day trader who’s looking to capture small price movements during the trading day, you might be more inclined towards shorter timeframes like the 1-minute, 5-minute, or 15-minute charts. These will give you a close-up view of intraday price movements […]

One common mistake is over-reliance on short-term patterns. Now, don’t get me wrong… Short-term patterns are essential in price action trading. However, it’s just as important to consider the bigger picture. Individual candlestick patterns can be quite misleading if you don’t understand the broader context of the market. It’s about the story the market is

When we speak of “smart money”, we are referring to entities such as institutional investors, hedge funds, and investment banks. Or, in other words, the big players. Their trading volume is massive, and their actions cause market trends. “Smart money trading” is about monitoring these influential players and determining when they might take buy or

One of the things to look for is significant price movements. When institutional players or smart money make their moves, they usually do it with large volume, which can lead to large, notable swings in the market. These price movements can be an indicator that smart money is making a play. Second, watch for times

So, let’s get straight to the point. What is supply and demand trading in forex? In short: It’s all about identifying the areas, or ‘zones’, on a price chart where the currency has previously changed direction. These reversals happen because of an imbalance in supply and demand. When there are more buyers than sellers (demand

Absolutely! Supply and demand is a universal concept that applies to virtually all markets. Whether we’re talking about the Forex market, stock market, or even commodities – the laws of supply and demand always hold true. At its core, any market is simply a place where buyers and sellers interact. When more buyers want a

Support/Resistance and Supply/Demand are two key concepts in trading, but they are NOT the same thing. So let’s clear up any confusion. Support and resistance are specific price points or narrow price ranges that a security’s price has had difficulty crossing historically. Think of these as boundaries that price struggles to break. Resistance is like

So, “Rally, Base, Rally” and “Drop, Base, Drop” are two essential concepts in supply and demand trading. Let’s break them down. Starting with “Rally, Base, Rally” (RBR). This is a pattern that forms a demand zone in the market. In layman’s terms, it’s a sign that the price is likely to go up. Here’s how

The process of drawing supply and demand zones in trading is more of an art than a science. But let me break it down into easy-to-follow steps. Step 1: Identify Swing Points Start by identifying the major swing highs and swing lows on your chart. Swing highs typically represent supply zones, while swing lows represent

When we talk about trading, liquidity is king. It’s like the lifeblood of the market. But what is liquidity? In short: it’s the ease with which an asset, or security, can be bought or sold without affecting its price. A market is considered highly liquid if there are enough participants trading that large transactions won’t