Price Action Trading Using: Channels, Support & Resistance, Fibonacci, Market Stucture, Trendlines, Reversal & Continuation Pattern, Candlestick Chat Pattern, Multi Time-frame Analysis, & Confluence
Amazon.com Price: $12.99 (as of 29/09/2023 11:46 PST- Details) Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.
Description
Price action trading is an extremely popular trading approach in the trading world. Unlike other trading strategies, it focuses on naked charts and it doesn’t give importance to complex indicators. Price action strategies are the best methods to identify the market structure if you know how to use them. It is the reflection of the quote: “Simplicity is the ultimate sophistication“
To truly comprehend price action, you must study previous events. Then, look at what’s going on right now and predict where the market will go next. “All traders are forecasters, just like the weatherman,” despite what you might think.
The weatherman is aware of the direction the wind is blowing from, the formation of high and low-pressure systems over the land, and the variation in temperature cold and hot front, you know what I’m referring to, right? What does he then do? He will say something along the lines of, “Tomorrow, the weather in Amsterdam will be mostly cloudy, with a slight chance of rain and possibly sunny in the afternoon.”
How is he aware of that?
Well, based on examining previous data and observing the current weather situation
Therefore, traders are like that: if we take the wrong path, we lose money; if we take the right path, we gain money. Simply stated. Therefore, everything you are going to learn here is about trying to get that direction right before you place that trade.
You will see the power of price action by combining:
- Trendlines
- Moving Averages
- Fibonacci Retracements
- Candlestick Formations
- Channels
- Support and resistance
- Confluence
At the end of the course, you will be able to:
Create your trading setups.
Learn how to enter “high probability” trades
Understand how to use a healthy Risk-Reward ratio
Control your psychology
Apply our step-by-step recipe
Become a full-time forex or crypto trader like me (This requires time and experience)
Who this course is for:
- People who want to learn “Price Action Trading” strategies from A to Z
- People who want to trade with naked charts
- People who know technical analysis but are unable to make sustainable profits
- People who want to create passive income from trading
- People who want to learn ‘How to be in the top 1%’ and ‘The right approach of professionals
So let’s start today! No need to lose time!
ALSO ON BEST FOREX ROBOTS | FX EXPERT ADVISORS | FOREX EA'S - BESTFOREXROBOTS.COM
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