Keep It Simple Stupid (K.I.S.S) Since I started
following your Price Action trading technique I have learnt that following those secondary tools can only cause me base my action on a tertiary «tools» that usually cause failures in trading.
Hence, instead of blindly
following price action trading strategies of (purportedly) successful traders, learn from them what makes sense to you.
Not exact matches
In this February 22 post on our
trading blog, which was published immediately
following two days of heavy selling on February 20 and 21, we said, «If and when the S&P attempts to bounce from its current level, the subsequent
price and volume
action that immediately
follows any recovery attempt will be extremely important at -LSB-...]
Sir i read your every article every day.I
follow your
trading setup information and
price action study more than 3 year now i am your online student.So thank you very much.
But if a stock or index
trades below the prior day's low (on the next day
following a break of the 20 - EMA) and continues lower after the first opening hour, the
price action may be headed for a deeper correction that could lead to a longer consolidation period.
This site is run by a community of traders that
follow Al's
price action trading methods.
The third possibility — which features both the biggest potential risk and the most intriguing possible payoff — would have investors play the possibility of a true «spike» in gold
prices through the purchase of a long - dated gold call option, perhaps one of those
traded by the Chicago Mercantile Exchange on gold futures (see the «
Actions to Take» section that
follows).
Thanks Nial for your wonderful lesson.I keep imroving in my
trading since I started
following your
price action strategies.Please keep up with the good job.Posterity, no doubt has a huge place for your CALIBRE in FX annals.Always keep me posted with the latest from your educative stable.
Regardless of what type of
trading system you
follow, one of your most important keys to success is disciplining yourself to merely react to
price action, rather than attempting to predict it.
However, I know from emails that I get that a lot of people who
follow me think that «
price action trading» means
trading any old
price action setup; they seem to totally ignore the market context that the setups occur in, which is actually just as important, if not more than the individual setup itself.
Trading Execution Zone A pattern is only as good as the
price action that
follows it.
As you have now become a good figure to
follow in my
trading career I was stuck for 2 yrs but then i came across
price action.
You really don't have to take my word for it though, check out some of my free forex videos, forex strategies, or
follow my free daily forex
trading commentary if you would like to see for yourself just how powerful forex candlestick charts combined with my
price action setups can be.
For every small cap like Quadrant 4 System (NASDAQ: QFOR) that is up more than 800 percent for the last 52 weeks of market
action, there are great publicly
traded companies in that group like SoupMan (OTC: SOUP), LaborSmart (OTC: LTNC), and Americas Petrogras (OTC: APEOF) that have increasing revenues with the stock
price not
following as it seemingly should.
If you have been
following my blog for any length of time, you should know a little bit about how I
trade with
price action, if you don't, click here.
You can
follow the discussion on Benefits of
Trading Price Action with Indicators without having to leave a comment.
The short answer is that I
follow a handful of highly - liquid, major markets that provide me with the best
price action trading opportunities.
Commit yourself to 12 months of continued study of
price action trading,
follow the teachings in my
trading course and daily commentary and fine - tune your own personal
price action trading skill.
Although only
trading with a dummy account, I made a profit in the last 5 months by only
following your basic
price action strategies.
Thank you to sharing this article.I
follow your site every day that help me for
trading in the market.Now i am a perfect trader of
price action.
Trend
following is a large part of my
Price Action Forex
Trading Course and of my general trading st
Trading Course and of my general
trading st
trading strategy.
Closed - end funds tend to
trade with higher volatility from their NAV than ETFs because ETFs have authorized participants that actively
follow the shares and take
action to reconcile the
price in the open market when it deviates from the NAV.
My goal as a
trading mentor is to lay a simple path for all traders to
follow, that path is paved with the
price action strategies that I have found to be very effective over the years.
Check back soon to
follow my full
price action series, and read other great
trading articles as well.
Now I stick into
Price Action trading and
follow your footsteps.
Big white candle
followed by a black candle down all day, and the other way around, there is no way to read those
price actions unless
trading 15 minutes charts!
Check out the
following articles to learn why risk reward in Forex is the true Holy Grail, and to learn how Forex risk reward and
price action trading can make you a consistently profitable trader.
Nial, all I can say is thank you.You're a great mentor, your
trading style is simple, but highly effective, if one chooses to
follow and apply your rules.My
trading got off to a very slow start, I've been
following you for about a year now and slowly but steadily I'm beginning to see an improvement in my
trading with more winning
trades than losing ones.This is simply because I'm
following your «naked chart»
trading price action only method.
After studying and
following demo
trades for a year and a half, I am only beginning to feel confident and demonstrate a level of consistency after going with
price action and dumping the indicators.
This site is run by a community of traders that
follow Al's
price action trading methods.
Sir i read your every article every day.I
follow your
trading setup information and
price action study more than 3 year now i am your online student.So thank you very much.
When conditions are usual and
price action dulls down past the first couple of hours
following successful
trades, share your stories about profitable mornings and improving golf scores in the afternoon.
This article will
follow a typical
trading day, broken down into a series of charts, to demonstrate how to use
price -
action lines for entries and exits.
I get what you mean, but if you
follow high probability
trades like naked charts aka
Price Action shouldn't we expect more than just 2.5 % weekly.
My strategy is the exact same as last year, which is to
follow and
trade the
price action and the technical patterns that develop from it above all else.
You've got to remind yourself that each
trade setup is just another execution of your edge, and if you have mastered your
price action trading strategies and
follow your plan religiously, you will have a high - probability edge to
trade with.
Part of the reason the
price action has been so choppy requiring very tactical
trading as there is no trend to
follow.
In addition, ETFs may be subject to the
following risks that do not apply to conventional funds: the market
price of an ETF's shares may
trade above or below their net asset value; an active
trading market for an ETF's shares may not develop or be maintained;
trading of an ETF's shares may be halted if the listing exchange's officials deem such
action appropriate, the shares are delisted from the exchange, or the activation of market - wide circuit breakers halts stock
trading generally.
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.
to make such a judgment include the
following: (a) only a bid
price or an asked
price is available; (b) the spread between bid and asked
prices is substantial; (c) the liquidity of the securities; (d) the frequency of sales; (e) the thinness of the market; (f) the size of reported
trades; and (g)
actions of the securities markets, such as the suspension or limitation of
trading.
Factors which may cause the adviser to make such a judgment include, but are not limited to, the
following: only a bid
price or an asked
price is available; the spread between bid and asked
prices is substantial; the frequency of sales; the thinness of the market; the size of reported
trades; and
actions of the securities markets, such as the suspension or limitation of
trading; (iii) securities determined to be illiquid; (iv) securities with respect to which an event that will affect the value thereof has occurred (a «significant event») since the closing
prices were established on the principal exchange on which they are
traded, but prior to the Fund's calculation of its net asset value.
If you've been
following me for a while now you know that I focus primarily on
trading off pure
price action, with a couple of moving averages sprinkled in sometimes.
Instead,
trade in a disciplined and patient manner and
follow a logical strategy like my
price action trading methods and be realistic....
The
following chart illustrates the
price action in a volatile stock over the course of a day's
trading.
Politicians have claimed they are just «
following the science» in formulating policies: cap - and -
trade, carbon
pricing, renewable energy targets and «Direct
Action» here in Australia.
A
price action analysis of the BTC / USD reveals that the digital currency is poised for a bullish breakout
following a solid weekend of
trading.
Follow this site to get
Trading the Forex Market with
Price Action Strategies and Trend
Following Techniques.