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Priceaction

Draw perfect channelsDraw perfect channels using a quick hack. 1. Draw at least one level connecting two highs or lows that are of importance 2. Press and hold control and click and drag with your mouse 3. Now you're an expert channel drawer :) Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg DISCLAIMER All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
Education
by Cmasterza
4
High Probability Entry using Shoulders and Price ActionWhat we term as a 'shoulder' (Lower High/Higher Low) is a prime entry setup with statistically high probability. The important thing to note is that it is used in conjunction with price action to correctly identity when traders are being 'caught off-guard' on the wrong side of the action and forced to close. We like to term it the 'sweaty palm' feeling when you begin to realize that you are wrong and have to start to look for the exits and minimize losses. In the example on the German DAX index, there were some great opportunities to sell (off the shoulders when sellers stepped in at lower levels and buyers were forced to bail) with a defined risk profile that paid out handsomely...if you are able yo define the key zones and when traders will be put under pressure. Hope this helps and Happy Trading....TradeSetup.
EUREX:FDAX1!Education
by TradeTheStructure
Head and shoulder patternToday is the last day of September so it seems that the inside bar on the monthly time frame will close as such unless there is a massive move today: The head and shoulder pattern is only to be traded at the end of a trend (its a reversal pattern so do not use mid trend!) I'll be waiting for the neck line to break before considering to take an entry. A price action signal after the neck line breaks would be ideal. For now, this pair is on my watch list and I will publish live updates in Forex Bootcamp. Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below. DISCLAIMER All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
OANDA:XAUUSDEducation
by Cmasterza
<TradeVSA> Stock Review & Update - 19 September 20191. FoundPac 2. Datasonic 3. DRB-Hicom 4. MYEG 5. Kossan 6. Khee San 7. VSolar 8. Guan Chong 9. Genting Malaysia 10. Sealink 11. Green Packet 12. Kerjaya 13. Hup Seng 14. Focus Point 15. Bumi Armada 16. Greatech 17. FrontKen 18. UWC Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MYX:UWCEducation
by MartinTFWong
Navigating The Market : Simplifed = Friday/Monday relationshipThis is not a trading strategy nor claiming this concept happens 100% of the time, but this is a repetitive pattern and I personally believe it could help you to navigate the market (particularly if you are an intraday trader) more efficiently. I generally would see this in 1-Hour timeframe but for the sake of being able to show you with more examples in one post, I choose D1 timeframe for this post. When price breaks and close above Friday high on a Monday, more often than not, the price would eventually reverse downwards within 18-24 hours. Vice versa for a close below Friday low (on a Monday) Why I believe this phenomenon is real and tangible is because Friday or Monday normally a day where the Banks (NY session) attempt to clear their books. In order to do this, sometimes they need liquidity to offload their position, they would do stop hunts if there is a need to do so. Hence I've conceptualised this Friday/Monday relationship into my way of analyzing the intraday moves especially on a Mondays. By default, any breakout from the Friday high or low, I would consider it as a stop hunt/fake breakout. Of course, there be a week where a breakout from the Friday started a huge trend that lasts weeks, but that is an outlier. I do not care about outliers, as a trader I will try to profit from what is repetitive, and this concept is very repetitive. This is just one of three "day-to-day relationships" that I have conceptualised to make me reading the market a lot easier. The other two are Mon - Tue/Wed relationship,andTue/Wed to Thu/Fri relationships that I have conceptualised. Tell me what you all think,
Education
by sufiansaid