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.
Even better, as long as you stick to
a simple price action method, you don't need any costly and fancy indicators.
Not exact matches
This
method uses a 20 - period
simple moving average (SMA) with
price action to clarify the intraday trend.
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 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.
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.
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.
Trading a
simple forex
method such as
price action analysis is the very first step that any aspiring trader should take if they truly want to excel in the utlra - competitive Forex arena.
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.
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.
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 trading
method that I have used for years is
price action (duh); it's
simple, effective, and flexible, and it doesn't take rocket science to understand or implement.
When you use a
simple trading
method like
price action, it eliminates most of the confusion, doubt, and frustration that traders experience as a result of being unsure of how to trade their system or strategy.