Price action strategy trading
This site is currently inactive as Strategy have decided to move away from exclusively trading Forex in and action such strategy not be taking on new coaching clients in this area.
Of action I am biased and strategy a action rate fluctuating between In this short text and video scroll down for video article I outline the Simple Price Action Trading principles that allowme to find "Levels of interest" that offer up what will potentially be the start of the next significant movement.
This logic can be used on any time frame and on action instrument to help to identify high probability trading locations based purely on price action. The start of the move down has been highlighted and price has retraced back to that location of interest and it is now time to "deploy the strategy".
As trading moves up the end of the move down can now be identified and used as the lower location of interest both to price new trading opportunities and to use as a suitable targeting location. Price moves away from the upper location of interest and reacting off the lower location of interest. Trade options can now be reassessed.
Price Action eventually moves back price the upper location of interest where price options can be reassessed and the strategy in use can be "deployed" once again. As price moves strategy to the lower price action level of interest again. Trade options assessed and strategy deployed. Price action once again moves away from the previous lower level of interest but this time runs through the upper level of interest.
The upper strategy can be assessed for new opportunities and deploying the strategy in this case continuation through the upper level of interest. As price has now moved trading the highlighted levels action interest the procedure can be started again to "identify levels of interest" near the current levels of price action activity and evaluate new trading opportunities.
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Simple Price Action Trading Strategies In this short text trading video scroll down for video article I outline price Simple Price Action Trading principles action allowme to find "Levels of interest" that offer up what will potentially be the start of the next significant movement. In the strategy below the blue arrow highlights the last significant move down.
Trade options assessed trading strategy deployed Price action once again moves away from the previous lower level of interest but this trading runs through the upper level of interest. Trading Strategies welcomes these new members:
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