Order flow trading — Video below Al Brooks’ trading room Q&A Order flow trading, in the guise of DOM (Depth of Market) trading, and the ubiquitous Time & Sales, has generated a number of questions over time in Al’s trading room. Al’s response is consistent with what you would expect: we do not need anything […]
Guest trader articles for broadening the interests and relevant knowledge for all price action traders. Any members wishing to submit an article for inclusion here can contact us through the Members Area guest article submission form.
Introduction Position sizing is the component responsible for the variability of trading results. Two traders can trade the same instrument using the exact same entries and exits but implement different position sizing methods. The difference in their results will be significant. Futures traders trade leveraged instruments intraday. They frequently get into situations that require scaling […]
This is the last article in a four part series on band trading. In the previous articles, we reviewed the importance of trends for bands and a few types of price bands. In this article, we will study some guidelines for band based trading systems which, regardless of the band type, are limited and similar. […]
In the previous two parts of this series we analyzed price trends, explored why band trading works, and looked at how some of the popular bands are built and used. This part looks at Standard Error (SE) Bands and why it is considered a superior band. I will not get into mathematical details in favor […]
In part 1, we laid down the foundation for band trading by reviewing the concept of trend and trend analysis. In this article, we will study some popular bands and channels. We’ll also analyze how bands can improve the reliability of signals without altering the overall trend profile and how they could be used to […]
In this four article series, I will discuss why I believe that band trading works. My goal is to provide a concise overview of several band techniques and the strengths and weaknesses of each. To start the series, I will discuss trends – without which, bands would not work. In parts 2 and 3, I […]
We always bank on our past experiences, especially if they have been successful ones, when confronted with a new task. In 2006, when I started teaching myself how to trade I fell back to my most recent learning experience that started in year 2000 – using visual learning as a tool to help control my […]