What time frame do you trade and what EMA's. If not, were you able to read the title of the setup or the caption in both images? Thanks for providing such valuable info as I have not came across any site which provide this kind of understanding on basics of forex markets. An indecision candle in a bullish preceding trend indicates that buyers are possibly losing control, and sellers may be gaining control. This means you miss out on a lot of potential profit, which is obviously not good. If you entered too early, you would have failed this trade.
My Forex price action strategy was born in and has been constantly improved over the last 12 years – this strategy has seen it all. It has survived major market changes from the financial crisis in to the Swiss Franc disaster in , to Brexit in
#1 Support and resistance zones are better than levels
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What is Price Action Trading?
In this article, we will explore the six best price action trading strategies and what it means to be a price action trader. Chapter 1: What Makes up Price Action Before we dive into the strategies, I want first to ground you on the four pillars of price action. 1. Forex Price Action Trading Strategies. These are Forex trading systems that are based on price action. Either they can be pure price action trading, which means they only rely on candlesticks and (or) chart patterns or a combination of other Forex indicators with price action. Price action is the king of the Forex technical world. It offers traders essential knowledge that strengthens any technical strategy, and enhances forecasting ability. Have you ever just wanted to [ ].