This is just one of the many methods that I use to trade the forex market, if you would like to learn more about how I trade the market with my unique price action strategies then please take a look
at my price action forex trading course.
Not exact matches
Give yourself the best shot
at becoming a consistently profitable
forex trader by combining a great method like
price action with the power of position sizing and risk to reward scenarios.
We are looking
at the AUDUSD daily candle stick chart in this video and are going to walk through an inside bar / pin bar
forex price action signal trade setup.
This process of mastering one piece
at a time should be repeated until you have mastered all aspects of your
Forex trading strategy, in the case of my
price action trading strategies it means mastering one of the setups that I teach
at a time, on the daily chart, before learning a new one.
This is why I trade the
forex market with only a few core candlestick
forex price action trading strategies that I feel do an excellent job
at providing me with a profitable
forex trading strategy that doesn't require that I memorize a hundred different candlestick patterns.
I talk a lot about trading
Forex like a sniper and not a machine gunner; well, waiting for
price action setups to form
at confluent points in the market is HOW you trade like a sniper.
By simply waiting to analyze the charts until the end of New York trading and the close of the current
Forex trading day
at 5 pm New York time, you can significantly simplify your trading while simultaneously getting the most important view of each day's
price action.
As an end - of - day
Forex trader you can live your life exactly as you are now, but instead of spending 30 minutes watching television
at night, you can simply analyze the markets according to your trading plan and look for
price action trading setups.
We are looking
at the AUDUSD daily candle stick chart in this video and are going to walk through an inside bar / pin bar
forex price action signal trade setup.
Right now I want you to stop reading this lesson for a minute, go take a look
at your trading account history for the last month or two, take a good long look
at it, and decide for yourself whether it reflects the habits of a successful
price action Forex trader.
Below is a
Price Action Forex Trading Strategies Video Tutorial — Looking at the GBPJPY 4 Hour chart, I talk about using the 3 step filter process for finding Forex trades with a strong confluent «hot point» which produces high probability forex trades, and good risk reward trade se
Forex Trading Strategies Video Tutorial — Looking
at the GBPJPY 4 Hour chart, I talk about using the 3 step filter process for finding
Forex trades with a strong confluent «hot point» which produces high probability forex trades, and good risk reward trade se
Forex trades with a strong confluent «hot point» which produces high probability
forex trades, and good risk reward trade se
forex trades, and good risk reward trade setups.
Give yourself the best shot
at becoming a consistently profitable
forex trader by combining a great method like
price action with the power of position sizing and risk to reward scenarios.
Just like athletes recognize patterns by watching tons of tape, you should also look
at A LOT of
forex price action to develop the skill of recognizing patterns.
In this video we are looking
at how to trade
forex price action horizontal levels and
price reversals on the daily chart, nothing intra-day, I discuss how I made a 3 to 1 risk to reward daily time frame trade.
This is why when you trade higher time frames in
Forex combined with
price action you have an extremely potent trading strategy
at your finger tips.
It helps traders to understand
forex price action and trade flows
at their most basic level.
When you learn one effective trading strategy like
price action, and truly master one
Forex trading strategy
at a time, you will largely eliminate the problem of fear and second guessing your own trades.
There really is no need to try and trade from 25 different
price patterns, the
Forex market moves in a relatively predictable fashion most of the time, so all we need is a handful of effective
price action entry setups to give us a good chance
at finding and entering high - probability trades.
But, you will have to forge your own ice - cold computer - like discipline to not over-trade or over-leverage; if you can do this you will have a very good chance
at making some serious money on a consistent basis, if you'd like to find out more about
Forex price action trading, click here.
Just remember that a
Forex price action signal such as a pin bar is only reliable if it forms
at a key level.
Forex price action doesn't have to be complicated
at all.
I suggest, you pick several of the major
forex pairs and really get familiar with their
price action and their dynamics; really focus intensely on just 3 or 5 markets
at first, and become a «master» of them.
Price action analysis is the most analogous method to tape reading that a retail
forex trader has
at his or her disposal.
By mastering one
price action strategy
at a time before trading with real money you can build your
Forex trading process one piece
at a time, and this will help you to focus on the process of trading, rather than only being fixated on making money.
The
forex trading week has come and gone, so it's time to take a look
at how the major currencies performed and what drove
price action.