Forex Trading Strategies

EASY 5-Step Price Action Trading Strategy For Day Trading And Swing Trading Stocks & Forex

In this video, I will be sharing an extremely simple 5 step price action trading strategy.

The major difference between professional traders and novice traders is that, the professional traders use a very rules and steps based approach towards trading. While the novice traders trade based on their gut feelings.

Professional traders will try their best formulate a systematic trading strategy that completely eliminates emotions form trading.

Today, we will look at such a strategy.

With this strategy, my goal is to give you a systematic approach towards price action trading.

Now, price action trading is very subjective in nature. This means that, if you show the same price chart to two different individuals, both of them may differ in their analysis.

One might predict that the price will go up, while the other might feel that the price will go down.

With this strategy, I want to show you how you can create a rule based system around a subjective matter like price action.

So without any further ado, lets get into the strategy.

Articles You May Like

AUD/USD Price Analysis: Sellers eye 0.6800 as a bearish-engulfing candle pattern emerges
Outside day sets up in Ethereum as it breaks $1800 in 9% rally
Despite a strong jobs report, unemployment inched higher for Black workers in July
Oil falls on demand concerns, greater supply
US 10 year yield moves to a new high for the week

Leave a Reply

Your email address will not be published.