Trading

This category consist of price action trading related blog posts.

Breakout trading_evestlifestyle

Breakout strategy: 3 expert ways successful traders avoid false break out.

The marketplace is a battlefield, a war between buyers and sellers. Sometimes the buyers win, sometimes the sellers win. But most times they are of equal strengths, there is no winner or loser. I’m referring to a consolidating market. In war books, war documentaries and movies, the generals or warlords are constantly planning on how …

Breakout strategy: 3 expert ways successful traders avoid false break out. Read More »

trending timeframes_evestlifestyle

What is the best time-frame to trade trending markets without second guessing.

When I first got started with trading financial instruments. I admired trend traders a lot. I wanted to trade the trending markets. But I always got confused what time-frame to trade. I switched from weekly to daily time-frame to 5-minute time-frame. I move around the hourly to minutes time-frame. The inability to decide which timeframe …

What is the best time-frame to trade trending markets without second guessing. Read More »

market structure_evestlifestyle

Market structure: The first thing every aspiring trader should master.

If you have ever been to a construction site. The builders and engineers work with a blueprint. The blueprint gives the builders insight on what the construction will look like. The blueprint gives the project overseer a sense of direction on how the construction will be carried out. The engineers, builders and manager they all …

Market structure: The first thing every aspiring trader should master. Read More »

trending market_evestlifestyle

How to identify and read a trending market like a pro without getting confused.

Imagine a carpenter who constructs a beautiful chair intended for people that weigh 50 kg. But If anyone that weigh 50kg or less sits on it. The chair collapses. Or a beautiful table intended to withstand a maximum weight of 50kg. But if an object is placed on it, a weight 45kg or less. The …

How to identify and read a trending market like a pro without getting confused. Read More »

Right support and resistance_evestlifestyle

5 types of support and resistance every trader should be aware of.

Drawing support and resistance is dependent on the market structure. So, the question is are you using the right support and resistance in a certain market? Support and resistance plays a big role in your success as a trader. As a trader you can’t do without support and resistance. You can’t just stare at your …

5 types of support and resistance every trader should be aware of. Read More »