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ForeCastle

  1. The Power of Wicks in the FX Market

    by , 08-08-2014 at 04:28 AM
    Talking Points:

    • This article is an extension in our series on the topic of Price Action.
    • In our last article, we saw how supply and demand can be seen via the study of price.
    • In this article, we take this a step further in looking at intra-candle dynamics.

    Price action can give traders a clear and concise view of supply and demand at any one point-in-time. This can be extremely important for finding new trends, locating potential reversals, and those beautiful situations ...
  2. Price Action in the Forex Market: How to Trade

    by , 07-11-2014 at 05:52 AM
    Talking Points:

    • Price action is the study of price movements in a market.
    • Many traders look at and use price action because it’s the cleanest view of technical analysis in a market.
    • In this article, we discuss the most basic relationship at the center of price action: Supply and Demand.

    One of the most difficult aspects of learning to trade is finding which systems, strategies, or indicators might work best given your personal goals in the market. Surely, there are ...