Market volatility is an important aspect of price action trading, and with the Bollinger Bands indicators, you can easily visualize an asset’s volatility. It shows how the price fluctuates around an average value, in this case, around a moving average. By the end of this guide, you should understand how the Bollinger Bands indicator works, Read More…
Who Is He & Why He Chose OneUp Trader Zachary B is a futures trader from Texas who completed the $50,000 Evaluation in October of this year. He chose the 50K Evaluation because the contract sizing suited his trading style, and the low $150 monthly subscription appealed to him. Zachary chose OneUp Trader because of Read More…
Despite their various advantages, nearly every technical indicator is faulted for lagging. Price action trading eliminates the overreliance on technical indicators simply by using candlestick and chart patterns to identify optimal entries and exits. The basis for price action trading is pure market movement; in a sense, price action trading is the foundation of all Read More…
The daily trend is still bearish Price consolidating around the $1 level Range-bound trading opportunities on the 2-Hour Chart Introduction Because of the worse-than-expected CPI data and a strong Dollar, we can take advantage of many potentially good trades available in the markets currently. The fear of an economic crash in Europe is rising due Read More…
The Ichimoku cloud indicator, also called the Ichimoku Kinko Hyo, is arguably one of the most versatile technical indicators. At first glance, it may appear convoluted and probably hard to understand, especially due to the several components. However, its greatest advantage is that it combines backward and forward-moving averages to determine an asset’s trend, momentum, Read More…
Major Support Zone Proving to be strong on the Daily chart Downtrend Channel on the 2-hourly chart Potential 1-2-3 Reversal pattern on Daily Chart What Has Happened? Since August 31, we expected some strong support around the $1,715.3 level; we have seen that play out now with bids coming in the past week as the Read More…
