Trade management is one of the most important aspects of trading. I am not going to say “the most” important because that gong goes to the psychological side of trading. Yes, believe it or not, how your mind reacts and how you think, behave, and operate in the markets is the number one most important factor that will determine your success – or not. This is surprising to a … [Read more...]
How to Read a Price Action Market Reversal & Take Advantage When it Happens
What is your job as a price action trader? Do you ever ask yourself that or ever think about it? Or do you just get on with your daily routine and the tasks you have to do each trading day? Why do I start a lesson with asking these questions to you? The answer is because price action trading is far more than marking our major support or resistance levels and then just … [Read more...]
Learn the Price Action Combo Strategy
The ‘combo strategy’ is a highly effective strategy where price forms a reversal trigger signal and immediately follows this up with an inside bar. The candle formations would be something like a Pin Bar, then Inside Bar. Or an Engulfing Bar + Inside Bar etc,. Here is a basic example of what a ‘Combo Setup’ would look like with a bearish pin bar, followed up with an … [Read more...]
Sick of Getting Faked Out of Your Forex Trades?
Do you often get faked out of the market or enter a trade just to watch it quickly snap back in the other direction? Sometimes that is unavoidable, but often there is a price action clue and a footprint of where price is about to make it’s very next move if we know where to look and what to look for. In this lesson, I am going to show you what ‘price action footprints’ … [Read more...]
How You Can Start Increasing Your Profits With Trade Management Planning
Trade management is one of the most important aspects of trading. I am not going to say “the most” important because that gong goes to the psychological side of trading. Yes, believe it or not, how your mind reacts and how you think, behave, and operate in the markets is the number one most important factor that will determine your success – or not. This is surprising to a … [Read more...]
Supply and Demand – The Key to Where Price Moves
Hey guys! For us price action traders the live price action is super important because we need to be able to read the price as it is being printed in live time. As a price action trader you have a clear insight into the market because with your price action you are able to see the behavior of the market and what traders are doing in real-time through your live price as it is … [Read more...]
First Test Support/Resistance Price Action Trading Strategy
The First Test Support/First Test Resistance or FTS/FTR is a super powerful trading strategy to get price action traders into high probability trades when done correctly. As I am about go through in this lesson; when taking reversal trades, it is crucial that they are taken from both a swing point and a value area in the market. Just like any good business in day to day life, … [Read more...]
How to Trade Price Action in Ranging and Sideways Markets
One of the hardest and most tricky markets to trade can be the sideways and ranging market. The problem for traders is that the markets spend a lot of their time trading in sideways or ranging motions and not in clean and obvious trends which would make trading a lot simpler and easier. In recent times the market has been trading sideways and caught ranging in a lot of Forex … [Read more...]