If you want to improve your trading performance, understanding and implementing volume profiles is essential. After training hundreds of traders throughout my near-decade-long trading career, I've noticed a common issue among unprofitable traders: they often dive into trading setups and patterns without considering the broader context. Trading without context is not a strategy, it's merely trading patterns.
Wyckoff Method: Discover How the Market is Moving
In this article, we will break down the Wyckoff Cycle into its simplest form: trends and ranges within price action. By understanding these basics and mastering the methodology, you can improve your analysis to identify the path of least resistance for price, and in turn improve your trading and profitability.
Volume Price Analysis - 5 Lessons From Anna Coulling
Anna Coulling's Volume Price Analysis (VPA) is a powerful tool for traders, regardless of what timeframe you like to trade on. With almost a decade of trading experience, this continues to be the only book that I personally recommend to traders of all skill levels. VPA is rooted in solid technical analysis concepts that have been tried and true since the early days of Jesse Livermore. Here are five key lessons from Coulling’s approach that will help you become a better trader.
When to Trade Breakouts and When to Avoid Them
When it comes to trading breakouts, knowing when to seize the opportunity and when to exercise caution can be the difference between success and disappointment. In this article, we will explore the key scenarios that dictate when it's appropriate to trade breakouts and when it's wise to steer clear.
7 Effective Trading Techniques for Stocks and Futures
Intraday trading can be a rewarding venture in options and futures markets. For newcomers and developing day traders, mastering the right techniques is essential. This comprehensive guide will explore seven effective intraday trading techniques that can significantly enhance your day trading strategy.