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.

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!

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...

By definition, a bear market is when price drops 20% or more from its recent or all time highs.  So for the S&P 500 ticker /ES one could say that technically speaking the bear market is over because price is now approximately 15% off the all time high set back in October 2021.

But is the recent run up simply a "Bear Market Rally" or are the bulls firmly back in charge gunning for new all time highs?  See this before your next trade!