A small selection of currently active research areas are listed below:
One of the most important problems in price action trading is to trade channels using a small fixed stop without resorting to scaling-in or other poor habits. Since channels are common, this is a top research priority.
Predict choppy opens that are likely to result in stopped out trades:
Opens that otherwise look like potential setups may never generate a profit and may stop you out or enter a chop zone. Correctly detecting this enables you to skip trading until price action becomes more amenable to trading. This chart is the AM of the FOMC day that eventually led to a huge rally.
One of the hardest problems in price action is predicting which bar would lead to a successful break-out. For example in this chart, b57 short led to a breakout while every other signal prior to it failed. A high probability prediction of a breakout enables us to judiciously enter a profitable swing trade.
And more: I'm also working on exiting losing trades for breakeven or a few ticks loss by detecting trade failure early. The setups 1Rev and 1PB have been further broken down into a small set of distinct setups that enable the trader to anticipate and trade them bar-by-bar. As soon as these setups complete the requirements of rigorous testing, they will be published here in a series of blog posts.