The USDSGD has fired off a huge Bearish Engulfing Bar (BEEB) on the 4 hour price action chart. This Bearish Engulfing Bar has smashed lower and through a major daily price flip support that price in recent times has really respected. The really two important things to note about this BEEB are …
Introduction to Becoming a High Probability Price Action Trader
~ Introduction to Johnathon Fox's Price Action Trading Strategy Price Action trading is the most common form of trading amongst professional traders. Price Action trading involves analyzing just the raw price action data on a clean chart with no indicators whatsoever. What so many …
Lessons to Learn From EURCAD 4 Hour Price Action False Break | 16 June 2015
A question I have been getting a lot lately is in regards to time frames. I personally trade starting at the daily chart right down to the 15 minute chart. What we need to realise though is that over the past 5-7 years the markets have changed a heck of a lot. The markets now are a lot slower than …
