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ForeCastle

  1. Using Price Action As Your First Indicator

    by , 08-27-2019 at 11:16 AM
    What is Price Action?

    Price action is the study or analysis of price movement in the market. Traders use price action to form opinions and base decisions on trends, key price levels and suitable risk management. Trend identification is frequently utilized as the initial step in price action trading. All other facets to price action indicators require a trend basis to begin price action analysis.

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    Price Action as Your First ...
  2. Trading Intraday Market Reversals

    by , 08-10-2014 at 02:30 AM
    Talking Points

    • Lack of volatility can provide range trading opportunities
    • Traders can look for market turns at support & resistance values
    • Traders can use an oscillator, like CCI, to time market entries

    The idea of trading short term market reversals is a popular one, especially in low volatility environments. Traders that are aware of the current market conditions can take advantage of the absence of any distinguishable trend by first identifying key levels of support ...