Strike Money

  Price action trading is one of the oldest ways to read the market. Traders use price movement itself instead of relying on technical indicators. Price action trading is popular with professional traders because it keeps charts clean. It also works across stocks, forex, crypto, commodities, and indices. The roots of price action go back to Japanese rice merchants in the 18th century. Early Western charting later shaped it further in the 20th century. Since the 2000s, electronic trading and algorithmic trading have made raw price movement even more important. Markets now move fast, so traders need a simple way to read what price is actually doing. Pro Tip: Use Strike Money for real-time market charts and technical analysis. What Is Price Action Trading? Price action trading is a trading style where traders make decisions by reading price movement on a chart. It does not depend on indicators. Instead, it focuses on candlestick patterns, support and resistance, trend structure, and...

  Trading indicators are important in technical analysis because they turn raw market data into clear signals. Traders use them to read price action, spot trends, check momentum, measure volatility, and reduce emotional decisions. Trading indicators also help when the market feels noisy. A chart can look confusing on its own. Indicators add structure. They show whether price is trending, slowing down, breaking out, or moving sideways. That matters because better structure often leads to better discipline. Pro Tip: Use Strike Money for real-time market charts and technical analysis. The Best Technical Trading Indicators Summary Below is a quick summary of the main trading indicator groups. Trend indicators Moving Average (MA) Exponential Moving Average (EMA) SuperTrend Ichimoku Cloud Average Directional Index (ADX) Aroon Indicator Parabolic SAR Elliott Wave These trading indicators help traders identify trend direction, trend strength, reversals, stop-loss zones, and market cycles...

  Dow Theory is an old market idea, but it still matters. It helps traders understand whether the market is rising, falling, correcting, or getting ready to reverse. Dow Theory studies price action, volume, market phases, and confirmation between indices. A bullish move looks stronger when price makes higher highs, volume supports the move, and related indices move in the same direction. This guide explains Dow Theory, its origin, its 6 main principles, its trend phases, its real trading use, its limits, its accuracy, and its link with Wyckoff, Elliott Wave, Smart Money Concepts, and technical indicators. Pro Tip: Use Strike Money for real-time market charts and technical analysis. What is Dow Theory Dow Theory is a technical analysis framework used to read market trends. It studies price movement, volume, and index confirmation to understand whether the market is in an uptrend, downtrend, or sideways phase. Dow Theory is not a direct buy or sell signal. Dow Theory gives traders ...