Combine these two examples and you have the reason the turn off the news and
just follow price action.
Not exact matches
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.
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.
Just yesterday I tried to
follow your
price action method on a daily chart..
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.
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.
Whenever there is bearish looking
price action on the tape, the central planners come in with some sort of dovish talk or bazooka type money printing and the market doesn't
just bounce but causes an epic short squeeze
followed by epic FOMO (Fear of Missing Out).
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.