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Editor'S Choice - 2019

Price Action

Trading at key levels is one of the basic principles of working in financial markets according to Price Action. There are two main ways to trade by levels: breakdown and rebound. We have already examined the trade for breakdown in a separate article, and today we will analyze in detail the second version of trading. How to distinguish the correct signal to enter the market from the false one, how to set stop loss and take profit correctly, and what other nuances should be taken into account in this trading style?

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Hello friends forex traders! Today we will introduce a strategy called HHLL. It is quite possible that the strategy is known to you under a different name, since it refers to, one might say, classic. The strategy is based on Price Action, that is, on the movement of prices and no indicators are required.

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Greetings, comrades forex traders! It’s no secret that dealing centers use different server times to send quotes to the MetaTrader 4 terminal. For small periods (less than an hour) this doesn’t bother anyone, but different periods of the server affect older periods - candles start to look a bit in different ways.

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Hello ladies and gentlemen, Forex traders! As everyone is well aware, automation is an engine of progress, but it also accelerates analysis, which can take a lot of time in forex trading. Automation also helps get rid of fortune-telling in the decision-making process. When you clearly follow the program signals, you stop looking for setups on the chart where they really are not.

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Hello! Many traders use the Price Action methodology, but they do it "on a hunch." Because the technique is very variable, there is a definite plus - the ability to develop your own style, but there is also a minus - the absence of strict rules, which makes it possible to self-tamper and fundamentally incorrect trading using a seemingly profitable technique.

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Good afternoon friends! The Head and Shoulders is a well-known figure in technical analysis that has managed to appear in many well-known books on trading. In fact, the figure has become an integral part of technical analysis, to this day maintaining its relevance as a tool for predicting market trends.

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Hello dear friends! Today we’ll talk about how to trade counter-trend pin bars. Yes, those who attract traders to themselves like fire of fireflies. In fact, trading against the trend is not the best idea. Nevertheless, if you are already going to argue with the trend, it is important to know how to do it right.

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How many times did you think that the trend has changed and then the price has reversed? How many times have you followed a movement that turned out to be false? It’s not your fault. And there is no fault of your strategy. It's all about the traps in which market makers drag you in to knock out your stops, or activate pending orders.

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Today, candlesticks are the de facto standard for most trading platforms and monitoring systems. They deserve such popularity due to their informativeness and ease of presentation of information on market trading. This is a truly advanced tool for forecasting market trends, all the advantages of which Western traders were able to appreciate only at the beginning of the last century.

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A beginner forex trader asks, “Why does the market always take my stops?” What if I told you that placing stop losses is necessary so that larger traders can trade on the market, how would you feel? Would you believe it? One of the first things you hear about in forex trading is that without stopping stop losses, you will only lose your money until you merge your entire account.

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Hello, comrades forex traders. Candles on the chart sometimes give an incorrect picture of what is happening. Too often we do not see forests behind trees due to unimportant price movements. But what if you could see the most important price values, separate true value from speculation? See the real trend without distracting unnecessary maneuvers?

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Hello, comrades forex traders! It's no secret that one of the most popular trading systems on our website is Price Action. However, Price Action seems to many overcomplicated due to the large number of conditions and nuances. Today we will get acquainted with the strategy, known on the network as the “Jarroo Method”, based on Price Action, but with its interesting features: our own methods for determining key levels, simplified inputs and competent determination of near goals.

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Hello, comrades forex traders. We all know the importance of support / resistance levels. But have you ever thought about how they begin to form? But what if this moment can be determined (albeit not always)? Interesting idea, agree. And on its basis, an extremely effective Price Action pattern called Double High / Doble Low was revealed.

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How many times did you enter at the end of the correction, and it continued and knocked out your stop loss? Of course, one cannot do without loss-making deals, but figures of graphical analysis, namely triangles, rectangles and flags (in fact, varieties of one figure) can help find the end point for corrective movement.

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Hello, friends! Today we’ll talk about how to profitably trade breakdowns of support / resistance levels. As we know, most Price Action setups are aimed at trading from levels. Those. in fact, we work with bounces from levels. Is it possible to make money on breakouts? After all, they, too, are a tidbit for the trader.

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Good day, comrades traders. I have repeatedly said that support / resistance levels are the most important technical analysis tool for Forex and should be taken into account when working with any strategy. However, many see levels where they are not. As a result, where there is no need to enter, beginners see a support for entry, exit transactions too early, thinking that there is a level in the way of the price, although it is not there, etc.

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Hello ladies and gentlemen, forex traders. We all know the saying, “Trend is your friend.” But sometimes, one wants to go against the movement ... After all, kickbacks are very strong and seem easy profits. This impression is misleading: trading against the trend is much more difficult than following the trend, you need extreme care and the ability to enter the deal on time, preferably with a short stop loss.

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Hello. Today we will get acquainted with the famous graphic forex pattern 123. It is based on the classic definition of a trend and is quite common. However, in order to trade it successfully and make significant profit, you need to know the nuances of determining the quality of setup 123 and apply special tactics to exit positions.

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Good afternoon, good evening, good night. It is no secret that not all yogurts are equally useful. It is the same with support / resistance levels in Price Action trading: there are weak levels that are easily amenable to breakdown, and there are strong levels that are a good support for high-quality signals and serve as a good point for exiting deals.

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