With the right technique and a little practice, the head and shoulders could become one of
your favorite trading setups too.
Many traders find this pattern reliable enough to consider
it their favorite trading setup.
Not exact matches
In the chart above, you can see three of my
favorite setups, follow the links below to see a video of how to
trade each:
Here is an example of pure price action
trading in the GBPUSD with some of my
favorite price action
setups:
• It ALL starts with the signal — You scan your
favorite markets and first look for a clear signal of one of the
setups in your
trading plan.
Here is an example of pure price action
trading in the GBPUSD with some of my
favorite price action
setups:
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.
In the chart below we can see examples of one of my
favorite price action
trading strategies, the pin bar reversal
setup.
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.
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.
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.
The professional trader
trades a small basket of markets, they are very familiar with their
favorite currency pairs and the
setups that they are looking for, and this makes for much more efficient and effective analysis of the markets.
Price Action Tracker scans, in real time, all your
favorite markets and time - frames looking for great
trading setups.