From identifying resistance levels to leveraging advanced studies like IV percentile, this method can significantly enhance your trading decisions. However, it’s important to remember that technical analysis should complement, not replace, other trading strategies. Here, we explore key concepts and tools, explaining how to use them effectively for trading options. The Role of Technical Analysis … Read more
Successful trading often hinges on identifying the point of a market reversal. While it may seem ideal to pinpoint the exact moment of a downturn or an upswing to maximize profits, this is an improbable feat. Instead, aligning with the trend is a more reliable approach to secure consistent gains. As a proponent of probability … Read more
Momentum candles are powerful tools in breakout trading. They come in two main forms: A single large candle with a big body. Three medium-sized candles moving in the same direction. These are the patterns we focus on to identify profitable trades. Let’s break down how to spot and use them effectively. What Are Momentum Candles? … Read more
Are you still struggling to trade with the trend? Many traders make the mistake of chasing trend reversals instead of following the simpler, more reliable method of trend trading. In this guide, I’ll show you exactly how to trade with the trend on the 5-minute chart, using free indicators an d a set of clear … Read more