Introduction Guide to Price Action Trading Strategy When I very first started trading I quickly and swiftly fell in love with indicators. This was very easy to do. As soon as I had found, learned how to use and started trading with the latest indicator, I was soon moving on and onto the hunt for …
EURGBP Engulfing Bar | Price Action Trading
The EURUGBP has fired off an bearish engulfing bar (BEEB) on the daily price action chart. This engulfing bar is very large, commanding and is also up at a swing high like all good bearish engulfing bars should be. This engulfing bar is also rejecting a proven previous resistance area. There has …
How to Manage Forex Trades Using ‘Key’ Time Frames
How to Manage Forex Trades Using 'Key' Time Frames For price action traders the most important piece of equipment they have is their price action charts and the raw price data on those charts. Using this price action information the confusion begins when a trader starts to think about what …