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4/65
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Introduction
This article is to explain and show how a price flow actually works, thorugh some extremely simplified examples, in the attempt to show what is in my opinion the most important concept to understand about financial markets.
Basic concept
Everything starts from accepting a law: if there is an imbalance between supply and demand, as direct consequence a price will change. This is true for any exchangeable stuff, will it be a product, a service, an idea, a commodity and so on. It is an extremely simple concept indeed: more demand equals price up, more supply equals price down. If there is 1 unit of anything, and a lot of people looking to buy it, price will be rising till the point where only 1 will be the buyer.
On the other side if there are 100 units and few buyers, price will be correcting down to attract new customers till the point where all units will be sold.
Supply / demand flows
In a financial marketplace there is a continuous exchange and participants can be either selling or buying the same instrument, or even simultaneously selling and buying. An important difference with any other market, is that there is unlimited quantity of any given instrument, so price…
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loriana avatar
loriana 1 Dec.

Great read

hrustiashka avatar

Good article!

TInna avatar
TInna 2 Dec.

very good!

chuvee avatar
chuvee 2 Dec.

I like the article.

MR_KHALEDBADRY avatar

nice work

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7/56
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Introduction
This article will continue the "Trading Abc" series, going through a deeper analysis of what is a chart, how price flow is represented on different timeframes and how to consider a timeframe compared to another which are some basilar points I need to focus on before going through the main aspect regarding supply and demand and market behaviors.
If you are interested, here below the list of previous parts:
Charts
Everytime we look at a chart, what we see is the graphical representation of the consensus price for a given instrument over a specific period of time. This is done by a software elaborating all data and drawing a line for every new tick, so for example this is how the GBP / USD chart looks like:
In this case the chart represents all ticks coming in 20 minutes from 14:00 to 14:20, and they are connected each-other by a line so to simplify and make the visualization more readable by human eye. There are other ways to visualize the same price changes over a period, and the most commonly used is the candlestick chart, where every candle is a representation of all tick data over a specific frame of time. Let's say …
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olya2517 avatar
olya2517 5 Nov.

good)

TInna avatar
TInna 9 Nov.

wery well!

BhimSha56166409 avatar

good

adiray avatar
adiray 16 Dec.

great article there

Starsailor avatar
Starsailor 31 Dec.

nice work

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7/58
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Introduction
In this article series I will go trough some of what in my opionion are the main factors to be considered in trading, based on my own personal views and experiences, and I will do in a kind of self - introspective way,so please, don't get stressed if for some reasons you find your self in opposite opinions.
Analysis
What are we talking about when we speak of analysis? Some years ago when I started trading, analysis meant this:
What do you see in this chart above? I tell you: it is a compression of data showing market movements during a certain period of time. In this case, every 4 hours, the program will draw the so called "candle" to give us a visual representation, but if we would be able to zoom enough out a tick chart, we would see exactly the same moves. I say this because, I suspect this concept is not really clear to many people: what you see is data compression! Candles are those things we can light up on a romantic dinner with our partners.
There is a level where is more convenient to buy, and there is a level where is more convenient to sell (or not to buy), but how do we determine that level? Is it really so c…
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Uladzimir avatar
Uladzimir 11 Oct.

хорошая работа

klizthiac avatar
klizthiac 14 Oct.

very good article

Ruteale avatar
Ruteale 16 Oct.

Good!

sonjatrader avatar

well done!!

Forex_champion avatar

good

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9/66
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Introduction
Traders have an array of indicators to look to when it comes to identifying setups, patterns, trends and reversals. These are all viewed on a price chart, which is arguably the most important piece of information a trader can have. Heikin-Ashi is a charting technique that is often overlooked but offers valuable insights for those who know how to put this derivative of Japanese candlesticks charts to good use. They run smoother, easier to understand, keeps you in the trade longer generally and creates less stress.
I want to show you a reliable price action pattern using Heikin-Ashi candles, Pullback Candle Reversal Pattern is a formation that makes a candle in the direction of the trend, followed by a longer candle that, in this case, set a lower low or higher high and then pulled back leaving a long wick, followed by a third candle that may or may not change color but sets a higher low or lower high and is usually an inside bar, followed by an entry candle that breaks above or below the previous inside bar candle. That is the entry point.
Currencies
  • This pattern works on all currencies.

Time Frames
[list][/list]…
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jsmdfx avatar
jsmdfx 25 Apr.

Is a great analisis, good Job

sicmbg avatar
sicmbg 1 May

http://www.forexfactory.com/attachment.php?attachmentid=538489&d=1283703046

!!!  :):):)

Uladzimir avatar

интересно

Analiticar avatar
Analiticar 25 June

Nice

klizthiac avatar
klizthiac 29 Aug.

Good article

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22/76
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In a definition of Price Action trading (PA) strategy, it is an act of responding to ways and manner that price behaves or behaving during a period in time. With PA, you are going to trade what you see and not relying on any complex indicator that you did not even know how it’s been calculated. You act based on some laid down rules as regards price behavior.
Although, price action is best recommended for anyone who’s just beginning in financial market. I could recall my first encounter with FX market, I was so overwhelmed with a whole lot of different trading strategies. They all appear great in theory, but ugly in practice. Not until I’ve learn to settle down for price action strategy and the reward was huge.
No strategy is fail safe, price action inclusive. No strategy or system will single-handedly give you consistent result or profit. Every time we speak of consistency in Forex trading, little do we know that it cut across the way we interpret the market, the way we stick to a strategy over a period of time, the way we keep to a leverage size and the time we open and close the trading terminal every day.
Well, I wouldn’t want to bug you with too much talk. If you’ve been in the…
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JockPippin avatar
JockPippin 13 June

Sound words and a sound plan  .Something similar to my mindset and I have achieved what I set out to do in Forex .

WallStreet6 avatar

If we only knew to which signals we should listen to:)

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2/28
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The term “technical Indicators” describes so much different and at the same time - very similar mathematical calculations of a few different aspects of the price movement, like: velocity and momentum, deviations from various moving averages, tick volumes and oscillation frequency.
Most commonly technical indicators are designed for:
  • Positional/swing or scalp trades (especially automated scalping)
  • To track and measure correlations in between different instruments
  • When managing busy trading setups with lots of charts by segmenting them with the help of indicators: to highlight momentum changes, automatically calculate and draw pivots, session periods, average ranges and etc.
In this article I’m arguing about the most misused way – positional/swing (either intraday or long term) trading and manual scalping.
Momentum trading. Probably the most common argument is that indicators could be used in momentum trading on intraday basis. But you don’t need an indicator to spot a proper – panic alike looking movement, when price travels 20 pips per second. All the smaller momentum changes most often are short-lived, are difficult to spot in time and are better left for automated scalping strateg…
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igazsagoszto avatar

Nice article, gl to you!

Metal_Mind avatar
Metal_Mind 20 Nov.

As you know i am 50-50 on this subject. I am for using indicators but i don't rely on them soley.

OneGoodTrade avatar

You know more than you tell, good work.

Likerty avatar
Likerty 17 Jan.

Thank you all for feedback! You can fallow me on twitter: @VenasEdvinas

dennison avatar
dennison 8 Mar.

Thanks good info!

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7/38
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Pivots are the original tools of floor traders to trade equity and future exchanges. Still, the pivots work exceptionally well in the forex markets too. This may be due to the reason that forex market adheres to technicals with high rate of accuracy. In this article, I will elaborate on my simple method of trading Weekly Pivot Point (WPP).Trading WPP is one of the simple yet effective ways of trading the forex market. I will not be exaggerating if I say that the trend for the week is decided by “what price does at WPP! ". In my own words I will call WPP as an “equilibrium point for that week “. Many times you would notice that the price keeps hanging on to this particular area for days together. Having said that, it is pertinent to note that WPP stands as a border between the bulls and bears or buyers and sellers respectively. I mean, a pair in a strong uptrend trades above WPP majority of the times and vice versa in case of a strong downtrend. The reason I chose this method as one of my trading methods is because of its character of providing plenty of low risk entries quite often. At the same time a break of WPP has its foot prints on the following weeks as well which in a way…
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doctortyby avatar
doctortyby 16 Oct.

Pivot Points are very effective in a trending market, I seem to get though false signals in ranging markets and consolidations. But we have to be able to trade also the false signals right? You have kept your great writing style with lots of images and charts and it is always a pleasure to read your articles. Keep writing

loke4300 avatar
loke4300 7 Nov.

congrats on your prize winning article. Cheers!

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9/53
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Hope all of you are doing
well.  I welcome all of you to my fresh article.This week,  I have decided
to carry an analysis of 5 currency pairs based on
my favorite analytical tool i.e: Ichimoku + price action.
I did
an analysis based on Ichomoku + price action in the last week of
January and happy to note that all the targets for all the pairs
got achieved - Ichimoku exclusive - my analysis of 4 majors. 
This time I have decided
to take the following pairs for my analysis.
 1. EUR/USD
2. GBP/USD
3. AUD/USD
4. USD/CHF
5. EUR/JPY
As I mentioned in my
previous article,  I make use of step-down approach on multiple timeframes.
I mean, I start analyzing from monthly chart and scale down till 4
hour timeframe to take trading decisions. I believe that the price in
lower timeframes always follows the price in higher timeframes.I will write separately on multiple time frames and also on single bar breakout failures in the coming weeks. From my experience I can state that price action coupled with Ichi signals can produce big trades quite often since the support and resistance levels provided by ichi work quite accurately.
Indicators used: Ichimoku, Stochastic
oscillator
Decision base: Suppor…
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drishti avatar
drishti 20 Mar.

Awesome Analysis. Keep it up bro!

NagarajaAdiga avatar

nice ichimoku analysis Raghavendra. but i don't like to use that on my charts as it messes my chart analysis. let's see if your target will achieve this week or max next week.

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