Recent content by steven46

A quick note to inform that I have started a Facebook page (Beyond Price Action) and will stage an event soon For a period of two (2) days I will host a trading room live interested traders can watch me as I go through the pre- market chart markup and comment, and then trade

And with that, I believe that I have completed the obligation that I accepted to pay forward the gift that my mentor provided me years back. I wish you all the best of luck

Here is example 2 As you can see, it is the same chart with FRVP (fixed range volume profile). We use this tool to obtain the statistical skew for a specific range or prices. The red line is the POC. and its position relative to the VWAP is the "skew". Absent a background in basic statistics...

I will be transitioning to Instagram shortly but before I do, I want to offer these last examples showing how I frame each session There will be two (2) charts, the first will show the use of VWAP. While posting here I learned that readers do not want to get into the math so I will not present...

This will be my last trade, and that is to emphasize the point I made earlier. On this last chart, notice the spike down as institutions and commercials all seem to get out at about the same time This important "time based pivot" is known as the Euro/USA Overlap, where Euro traders close their...

Today's open and first trade entry As seen in the chart, the market gapped up and ran. This would have been easier for retail traders to see using 15 min candles The problem for retail traders is that because they lack experience, they do not know that a close above the 1st SD confirms the...

Absent any participation from readers, I will offer one (1) more item MAGNETS Magnets are significant short term targets that institutions and commercial traders use to help them decide whether to orient to the long or short side initially. On the open, price can display one of three possible...

With this next post I am going to take a different direction. I am going to ask readers What are the three (3) issues about trading that you find most frustrating?

Here is my last chart showing the Euro/USA "Overlap" (what I call a "time based pivot") As I have mentioned previously, this is a time when Euro based institutions and other commercials are closing books. I show my chart using 5 min candles. When training others I run both 15 min and 5 min...

And here is a chart showing more of the same with markups showing reasonable entries and exits Notice the horizontal lines marking the high and low closes, then later, when price retests, we have points of entry already setup for us. Using this system, we have enough time to recognize when...

For this post we suggest readers refer first to the previous post, where we display our recommended setup for beginning or struggling traders. On the left we show a daily chart and the red line is the VP/POC. The important thing to notice is that the red line (POC) terminates right next to the...

Here is an example of the chart market we recommend for retail traders. The display shows two (2) charts, on the left we have daily candles framed by a monthly VWAP. You will also see a red line at the middle of that chart. Currently it is showing what we call a "Symmetric" market, meaning that...

Today's Chart Markup This was an easy and obvious chart to trade (for me) however several struggling traders watch me work, expressed frustration at the difficulty they had anticipating reasonable entry. We attribute this to lack of experience, and suggest to all new or struggling traders that...

While waiting for economic reports to be released (in 15 min), I thought I would post this weekly chart Longer time frame traders use this to trade options The pattern is simple. After a significant trend move price breaks down, below two important (2) "Key References" When I say important, I...

Integrating trades with economic reports is part of the training that a skilled person should obtain in order to create a sustainable business model We create a "look ahead" schedule of high impact reports at the beginning of each month. We create scenarios (long & short) based on the best...