If you love simplicity, you will love Price Action Tracker, just enter
your favorite price action trading setups and it will scan, in real time, all your favorite markets and time - frames and alert you as soon as your criteria are met.
In the chart below we can see examples of one of
my favorite price action trading strategies, the pin bar reversal setup.
In this Forex trading lesson, I am going to share with you three of
my favorite price action trading strategies; pin bars, inside bars and fakeys.
Not exact matches
However, my personal
favorite market to
trade is the Forex market, mainly due to its deep liquidity which makes it easy to enter and exit the market, and also because the Forex market tends to have better trending conditions as well as more volatility which makes for better directional
trading and allows
price action trading to really shine.
Here is an example of pure
price action trading in the GBPUSD with some of my
favorite price action setups:
After you learn how to properly
trade the double bottom, it may become one of your
favorite price action chart patterns.
At that time, there will either be a
price action signal or there won't be, and once you get up to speed on
price action trading, all you have to do is analyze the charts each day after they've closed out for that day, and quickly scan through the daily charts of your
favorite markets, looking for
price action signals.
Here is an example of pure
price action trading in the GBPUSD with some of my
favorite price action setups:
My
favorite markets to
trade are the EURUSD and AUDUSD, but each day I will typically scan through all the major Forex pairs looking for
price action trading opportunities.
In this addition to my free
price action course, I'm going to show you a few profitable ways to
trade the double top pattern including my
favorite Forex double top strategy.
Inside bars are one of my
favorite price action setups to
trade with; they are a high - probability
trading strategy that provides traders with a good risk reward ratio since they typically require smaller stop losses than other setups.
Here's one of my recent videos explaining how I use one of my
favorite price action signals; the pin bar
trading strategy, to
trade in - line with the trend:
The daily is by far my
favorite time frame for
trading price action.
Fakey setups with a pin bar for the false break bar are among my
favorite price action setups to
trade.
The Fakey setup is one of my all - time
favorite price action setups and learning to
trade it will do a lot for helping you to understand market dynamics.
Price Action Tracker couldn't be easier to use, simply select the setups you are looking for and the
Price Action Software will scan, in real time, all your
favorite markets and time - frames and alert you as soon as perfect
trading opportunities are spotted.
You will find that once you begin to follow your
favorite markets and demo -
trade price action strategies, you will start to get «intimate» with the market, meaning you'll get closer to it and understand how it moves better.
The Forex pin bar
trading strategy is by far my
favorite price action pattern.
Price Action Tracker scans, in real time, all your
favorite markets and time - frames looking for great
trading setups.