By Laurentiu Damir
Trade the associated fee Action
- Forex rate motion buying and selling process with over ninety% profitable rate
- Low Risk-High gift Trading
Components
- price motion trends
- support and resistance
- fibonacci retracements
- candlestick patterns
Summary
- The e-book describes in nice element with chart examples a private currency fee motion buying and selling method that has a profitable price of over 90%. it's a whole currency technique with transparent entry,exit and forestall loss principles. The risk-reward ratio for all trades performed with this approach is no less than 1:3 for each trade
- All a dealer has to do is persist with the foundations of this cost motion approach. This ebook includes all of the info a dealer will ever need to study and grasp to achieve success within the foreign currency echange industry. you don't want technical indicators,you would not have dear robots to exchange for you,all you should be an exceptional dealer is a straightforward chart and the buying and selling approach this ebook describes
- Read it, research it, recognize its principles and you'll have no challenge achieve luck within the monetary markets. when you require extra info be happy to touch me at damirlaurentiu@yahoo.com
Read Online or Download Trade the Price Action - Forex Trading System PDF
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Additional resources for Trade the Price Action - Forex Trading System
Sample text
The candle in the middle allways has the highest high , the first and third close way below the middle candle’s low. When two consecutive candles with roughly the same size occur at a price extreme it is a clear indication of a change in price direction. Ok, now we know all about the components of this powerfull price action strategy, let’s put them together and define clear entry/exit rules, clear stop loss and take profit levels so we can make some money. Strategy step by step Move your charts to the 4hours timeframe zoomed out and insert the 200EMA on them.
This is what constitutes a trend. The important thing when identifying highs and lows is paying attention to see if they are of the same amplitude, like in the picture above for example. Here is what I mean: In the same example after the third HH price made a very small move in the direction of the trend followed by a very small correctional move (circled in the picture above). That is not a HH as it is not of the same size or amplitude like the previous HH’s. That is a small wave within the bigger wave.
Thank you and happy trading If you find that this adds value to your trading please consider writing a review of the book on Amazon. It does not have to be long, just a few words to state your opinion about the trading system presented in order to help other people make more informed decisions. com and you will receive the PDF version of this e-book so that you can read it more easily and print the contents on paper if you want. Also, if you want to combine this strategy with another powerfull strategy that can make you 200pip per week easily you can check out „Trade the Momentum”, or you can combine this with another price action strategy that trades on the 1 hour chart and can deliver thousands of pips riding trends.