Instead, I focus my attention
on the simple price action, especially key levels, rather than trying to interpret every bullish or bearish candlestick pattern that emerges.
Once I peeled off all these indicators and swore them off forever, I began trading
on simple price action strategies, these are the same ones I use today and that I teach to aspiring traders, granted I have definitely tweaked and refined them, but the simplicity remains, because it works.
Once I peeled off all these indicators and swore them off forever, I began trading
on simple price action strategies, these are the same ones I use today and that I teach to aspiring traders, granted I have definitely tweaked and refined them, but the simplicity remains, because it works.
Not exact matches
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.
When I removed indicators and focused
on price actions, trading became much easier and
simpler, Thanks Nial for teaching us your
price action strategy.
I teach a number of
simple price action trading strategies that you can focus in
on and learn one at a time.
Binary options are limited - risk contracts based
on a
simple yes / no question about the market's
price action, like this:
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 tr
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 tr
action on a tertiary «tools» that usually cause failures in trading.
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.
Trading in a
simple de-cluttered manner like this is critical not only to accurately see what the
price action on the chart is doing, but also to develop the correct trading mindset and attitude that we talked about earlier.
It's critical that you trade with a
simple strategy like
price action so that you aren't unnecessarily confusing yourself and so that you can see clearly what's happening
on the chart.
This Video shows a
Simple Price Action Forex Trading Entry where I used Support and Resistance combined with Candlestick Reversal to enter short
on the EURUSD.
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.
In this video I discuss
price action on the EURUSD daily chart, I keep my charts very
simple, a moving average is the only indicator I use, I believe that
price action and modern day technical
price analysis is what makes serious money in the forex market.
When I removed indicators and focused
on price actions, trading became much easier and
simpler, Thanks Nial for teaching us your
price action strategy.
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.
If you can implement these three things with discipline and consistency;
simple trading strategy (
price action analysis), money management and realistic trading expectations, you will be well
on your way to developing the proper trading mindset and as a result, consistent trading success.
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.
So, since trading success is mainly dependent
on discipline and mind - set this rules out the emphasis
on method, it only makes sense to trade forex using a
simple trading technique like
price action analysis so that we can use our trading method to help maintain discipline and emotional reaction.
It's very important that you have a strategy like
price action which is
simple to understand and implement, because this simplicity will make it much easier for you to adhere to your trading plan which will in turn keep you focused and
on the track to Forex trading success.
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.
Hi, I log
on to your blogs named «
Simple Forex Position Size Calculator Daily
Price Action» daily.Your humoristic style is witty, keep up the good work!
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.
The levels
on the chart above were identified by using
simple price action.
thanks for the email, learn alot with your keep it
simple charts,
price action really help make profits, keep
on teaching sifu
It helps to remind yourself that the forex market will be around as long as there is human civilization, so if the goal in our short time
on this earth is to live as stress - free but as successfully as possible, than start working
on this goal by employing a set and forget trading style by using
simple price action trading strategies.
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.
We like to see these types of
price action setups here at LTTTM, we hope that you enjoy our
simple yet highly effective take
on price action trading, for more education, setups, and commentary check out the member's forum
If there was one single moment in my trading career that I can look back
on and say with absolutely certainty was a turning point / «ah ha» moment, it would be when I realized that all I needed was a
simple price action trading strategy.
After you start
on this course, you will learn
simple ways to read
price action and analyze the market.