its nothing just little simple of nial master of trade and realy true professor
of simple price action method, welldone and that not kool because i already said that Nial have more knowladge then we imagine.
My primary mission after becoming a successful trader has been to help other traders «see the light»
of simple price action trading.
If you want to learn more about successful forex trading and employing the power
of simple price action strategies, please visit my Price Action Forex Trading Course page here
I teach a number
of simple price action trading strategies that you can focus in on and learn one at a time.
Not exact matches
In
simpler terms:
Price action analysis is the use of the natural or «raw» price movement of a market to analyze and trad
Price action analysis is the use
of the natural or «raw»
price movement of a market to analyze and trad
price movement
of a market to analyze and trade it.
It's no secret my trading career is built on studying and trading
price action, an incredibly
simple yet immensely powerful form
of market analysis which most
of you already have a basic understanding
of hopefully.
So, here's a very
simple strategy for you; wait for a key level to break, then wait for
price to retrace back to it and look for a
price action setup entry trigger to form near the breakout level in the direction
of the initial breakout.
It adds a universe
of apps and functionality to the device, without a huge
price tag and without taking any
action a
simple reboot can't undo.
It will suit you yes, as
price action setups can be traded end
of day, using
simple end
of day scan.
I think a combination
of trading like a Croc and having a
SIMPLE trading system (like
Price Action) almost guarantees you success....
It's no secret my trading career is built on studying and trading
price action, an incredibly
simple yet immensely powerful form
of market analysis which most
of you already have a basic understanding
of hopefully.
I have learnt from «Prof» Nial that
price action signal is the best way and
simplest way
of trading the market.
Price action traders commonly delegate the job
of defining the trend to moving averages or
simple trend lines.
The aim
of price action analysis is to establish a
simple and «accurate» form
of analyzing market behavior by solely observing
price movements.
If you'd like to learn more about this «stupidly»
simple style
of Forex trading check out my
price action trading course.
I too was a struggling trader early on in my career, but once I discovered the power and simplicity
of trading off
simple price action based setups, I never looked at any other indicator or trading software again.
Price action provides you with a
simple, straight forward, and most
of all, effective trading method that allows you to focus your energy and time on actually trading instead
of trying to figure out what numerous indicators or a piece
of trading software is trying to tell you.
It always amazes me how so many traders tend to look at every trading method and trading system under the sun and it's only later, after perhaps years
of lost money and frustration that they finally «wake up» and see the proverbial forest for the trees and realize that the raw
price action on the charts has been the best and
simplest way to trade all along.
So, after realizing all
of this many years ago, I finally figured out that as ironic as it seemed,
simple, raw and stripped - down
price action trading was about the most non-status-quo trading approach I could find, and it also made the most sense.
-LSB-...] He has many excellent
price action forex strategies which are
simple to understand and that make use
of the raw
price action of the market; thus there is nothing to complicate or confuse you like with indicators and «robots».
So the first thing you can do to set yourself apart from the crowd
of losing traders is to secure an education in a
simple yet effective trading method like
price action, to learn more, checkout my
price action trading course.
If you like the idea
of keeping it
simple (KISS)-- I suggest you check out my
Price Action Forex Trading Course, it's full
of simple yet effective trading strategies that will dramatically improve your trading decisions; find out more here.
I would also like to ask them how myself and many other
price action traders can successfully trade the markets by learning to trade off
of a handful
of simple yet powerfully predictive
price action signals:
Pro traders know that
simple Forex trading strategies like
price action are the best, because it's simply unnecessary to analyze most variables outside
of the natural
price action in a market.
It's important to recognize that our measures
of market
action have much more to do with broad market internals, spread behavior,
price / volume
action and industry and security group dispersion than they have to do with
simple observation
of the major indices.
Finally, I wanted to show you guys a real chart
of the EURUSD and analyze its recent
price action and horizontal levels to show how you could have used
simple horizontal levels with
price action to trade the market.
In our first installment
of this series, we established the
simple fact that
price action in ALL financial markets behaves quite predictably around its open range
of the actual pit session hours.
You can use fancy indicators or trade
simple price action using key levels
of support and resistance.
You're
price action and pin bar methodology is just superb — very
simple and takes out all the noise and non-sense
of trading!
The
simple fact
of higher time frames that makes me concentrate most
of my trading efforts on them instead
of their lower time frame counterparts is that they act as natural filters
of price movement, filtering out the
price action that is not useful and leaving with you with a much clearer picture
of what
price is likely to do.
Obviously, I prefer to trade off
price action alone, and I teach my member's how to trade off the same
simple price action strategies that I use, but some
of you will inevitably go on to incorporate other methods and techniques into your trading.
When we trade using a
simple Forex trading strategy like
price action analysis we open ourselves up to the possibility
of mental clarity on market movement.
So the remedy to this problem is to just accept the fact that it is almost always better to employ a
simple forex trading method that makes use out
of a clean
price action chart than to spend hours combining different indicators and trying to understand their mathematical foundations or trying to program expert advisors and the like.
Much
of my course is dedicated to trend analysis and teaching traders to trade
simple price action strategies in the context
of a trending market.
So, here's a very
simple strategy for you; wait for a key level to break, then wait for
price to retrace back to it and look for a
price action setup entry trigger to form near the breakout level in the direction
of the initial breakout.
By learning the kind
of price action trading strategies that I teach my students in my Forex
price action trading courses, you'll gain knowledge
of an effective yet
simple trading method that lends itself well to «gun to the head» trading.
Key levels occur in a variety
of market scenarios, and we can combine these key market levels with
simple price action strategies to obtain a high - probability trading strategy.
Allow me to sneak in a mention
of my «Day Trading with
Price Action» self - study course — a simple and effective price action trading frame
Price Action» self - study course — a simple and effective price action trading fram
Action» self - study course — a
simple and effective
price action trading frame
price action trading fram
action trading framework.
I teach
price action as you probably know (honestly, if you don't know that by now you need to checkout this article right now:
price action trading introduction), and it's not simply some strange coincidence that I teach this particular form
of trading, I also personally trade with
price action... because it is
simple (and effective).
Fortunately, with knowledge
of how to trade
simple price action setups from key levels, we can effectively trade range - bound markets as well.
The «Trading Systems» section has one
of the largest collection
of user - contributed trading systems, from those based on proprietary indicators to those using
simple price action.
This is a perfect example
of how we can profit from using Fibonacci retracement levels combined with a
simple price action strategy such as the pin bar.
I'll cover a
simple 3 - step process to this style
of trading, and also discuss the importance
of being patient while making
price action trading work for you.
You need to let go
of these fears and commit to a
simple price action approach like I teach.
This is the power
of using a
simple price action pattern in combination with a higher time frame such as the 4 - hour chart.
A well - combined
simple moving average indicator alongside
price action trading is the core
of this trading strategy.
Thus by learning to read the
simple price action of the markets we can find patterns and setups, and predict
price movement with a high enough probability to profit;
simple works.
When you know how to interpret and utilize
simple price action setups, you can use the power
of this higher time frame filter ability to free up your life and unchain yourself from your trading desk, all the while becoming more consistent and accurate in your trades.
One
of the best ways to eliminate stupid trades, is to simply remove all that «confusion» and learn a
simple trading method like the one I teach in my
price action trading course.
The markets are a lot
simpler than most people think; they are really just reflections
of human behavior as plotted by the
price action on the charts.