ChartPros Market Insights

Price action technical analysis is a popular and effective approach to navigating the financial markets, including stocks, options, futures, Forex, Crypto, and Commodity trading.

This article will provide expert tips and insights to help you successfully trade various financial instruments using price action technical analysis. By understanding and applying these concepts, you can improve your trading skills and potentially achieve greater profitability.

Trading is not easy, but can be life changing.

We seldom meet a trader who isn't passionate about generating supplemental income, or even better, someone who desires to quit their day job to become a full time trader.

But many find that can be easy to say but hard to do.

The term "Black Swan" denotes an unexpected financial crisis with profound consequences, merging extreme rarity with a significant impact on stock markets and risk management.

It’s often stated that “history repeats itself.”

Get the inside scoop on how to plan for the best but prepare for the worst.

Most Fibonacci charts that we see posted on the internet are not drawn or used correctly.

Based on institutional algorithms this Free Guide will explain to you exactly what Fibonacci retracements and extensions are and how they should properly be used on your charts.

Download Your FREE Guide Now - Fibonacci Types that Create the Most Precise Price Targets and Reversal Zones

You're invited to join ChartPros Founder Tom Winterstein for a dynamic and fascinating presentation hosted by NinjaTrader as he covered the "magic" behind Fibonacci retracements and extensions. 

This was the first time Tom made this presentation since publishing his FREE Fib Guide so you won't want to miss it!

Recorded Thursday November 02, 2023 | 4:30pm ET

Watch Replay Now!

This article delves deep into the top reasons why traders fail and how you can overcome these challenges by focusing on your trading process of implementing trading rules, plans, and trading psychology rather than focusing on the outcomes of profits.

See how!

I often think about and wonder what and how technology could have reshaped our present lives if it existed centuries ago.  Along those lines, I wonder what sort of setup Jesus might have had if He used a computer. 

One of the most frequently asked questions I get is “Tom, what computer do you trade from and how many monitors do you have setup?”

My answer surprises most people and may surprise you as well...

Vince Koehn, a long time ChartPros Trade Room member talks about his success with Apex Funded Trader program.

We frequently get asked about various funded trading programs and we've reviewed plenty of them but historically never participated in or recommended any of them.

Until recently.

Through ChartPros Pay It Forward – Traders Helping Traders program the company announced it is awarding scholarships valued at over $1.2M in September. 

Long time ChartPros Trade Room Member and Price Action Mastery graduate Vince Koehn was instrumental in helping Pay It Forward by setting this up through Apex Trader Funding. 

Learn How to Receive Yours!

• Billions (the hit series on Showtime)
• Shark Tank
• Blue Bloods (my dad is a retired police officer)
• Trading Education Courses...

Yes, Trading Education Courses!

See which ones...

So often I get asked "Tom, where do you think the market is heading?"

I start by saying the better question is "where could the market be heading?"

Because what I think doesn't matter to price action and no one knows with any certainty where the markets are heading. 

I don't make predictions, I don't call tops/bottoms however, I may react to price when it reaches a predetermined level of interest by trading or investing in that particular index, equity, commodity, Forex, etc.

Let's take the S&P 500 for example using it's futures ticker /ES...