How do we marry Probability and Price Action?

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How do we marry Probability and Price Action?

How do we trade price action?  Generally, with great difficulty.  There is much written about candlestick patterns and how to read them.  However is there any guarantee that after a Doji appears, price will change direction?  What about ‘three white soldiers’?  Will they march in the direction you want them to?  Not necessarily.  Sometimes candlesticks can be useful as a reversal signal, but like everything, they need to be considered ...

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Actions and Reactions

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Actions and Reactions

Let’s consider Sir Isaac Newton’s third law of motion: ‘To every action there is always an equal and opposite reaction: or the forces of two bodies on each other are always equal and are directed in opposite directions’.

This is very true when applied to the Bull and Bear Forex Market.  If fear grips the trading world, the herd mentality seems to take effect and stampedes people into selling what they ...

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