Forex Trading Strategy: Using Price Action On ANY Chart

Forex Trading Strategy: Using Price Action On ANY Chart

Forex trading strategy key and this is something that I think should be taught as an important thing that any trader learns and should be one of the main things that every experienced trader. When this is very important, there is a lot of value behind it are the highs and the same ones, and the ones that appear are incredibly common and simple, but you can really delve into this and I have before but you will have an overview You are here and now to get graphs and look at the chart we are in the US bank now and there is to see and ups and downs in the market, but the main thing is that the look is exactly what is so high and what they represent the extra identity, is the Between Enter and Divided? It is not significant but it really is because it is every trader who is trading now and as a whole, as people have their debts and people have their buy and sell orders that are in agreement on the price and so we have that our album is very important, a long time, now is looking back, is now all-inclusive in various mon-sun, from November to November, has been as high as the market has been able to become the most suitable to pay for this market has been the most appropriate. The level at which marketers have agreed as a whole is this low enough, you know there will be support in the market, there are marketers flooding this market at this point, saying it is b You are looking for something as a whole, now is what does this on a chart to really delve into a person who is looking for a market psychology through him and the market psychology one of the What is the same agreement between buyers and sellers that can be made based on the information contained in this document? data from the US or Europe forcing the market up or down to be a business agreement and there is little time for analysis of the fundamental bases of them, it is now a technical document and there is not much information You want to be able to do the same things I can do because they are as high and low as the market, analyzing these ups and downs, instead of looking at the fundamental analysis and separating the data from the news, I can analyze exactly what the media data exhibited in the reaction to it. on the day now I went more in detail on this subject in other videos and other courses, but a brief overview is that you can see yourself the highest and lowest that a series of higher ups now The business is as big as the stock market, trading continued in the market in which they have changed to the market because you are as high as the market, is exactly what will happen, Only managed to get you down so far Now will be a straight race to the bottom unless you know that there is a stock and there is a value as high as you know that there is a horrible thing in your currency in the country that is a currency based on and is not left in the currency and as main crosses do not is really the same as often something like this happened with the euro ciaram of the euro but again the fa came back yoube that was not a total erase the bottom there is a fund where the deals were that the same as what you Is doing are now able to push the market Why do we have a lot of people you know who does not have a large number of people who have bought what there is in the market? How are you going down? Do you know what they were correct? They made the market back down and this point is very important when this first why when they are losing their momentum is where the buyers came and said no Is not this is a good price for this now that we have to come they pushed the market back down and this point is extremely significant here this first down because it is where the sellers lost their buoyancy this is where the buyers came in and said no no no this is this is a good price for this pair now we want to take this and we really want to put in a lot of volume and around here and they were able to regain control of the market they managed to push the market back to the new high now it's really important to take a look here and see that it's a low higher in the previous, then all the strength that buyers had in this market was not enough to even push it to create a new high not only this but it was a doji bar so it was not even able they weren 'Even being able to push that market up and close the market of that level, they were able to push the market up today, but the really important thing to look at here is the fact they did not close the market at that highest level of reaction the next day from this low not only low high but low doji high bar was the fact that there was a containment of the market they were still trying you know that buyers were still trying push this market up here but they failed and they ended up ending up with another down and if we look at this, it's actually a lower bass than the previous one not by a large margin and itself is a long wait going down to this, but if we just look back you know we ignore the right side of the market here what we have we have a patient definitely hum a significant lower low look and we have two lows that are almost identical but the market had more strength here on the negative side and that 'It is extremely clear just by looking at this price containment or for those highs in those lows and the disagreement between buyers and sellers, then what happens next you know that the markets will not fall directly, so the market makes another attempt up, they push up on the market and they make a new high now, here is where the buyers know that the market will rise, because the high they do is not even close to the previous two then all the buyers are looking at this data before them and they are seeing exactly the same thing that all sellers were seeing and they are seeing that buyers are seeing that they simply do not have the strength in this market and that is when you start to fall which is when you get all the faith that the buyers had slowly declining you know that theyre putting on their stop loss levels around this level because those lows were tested again once and twice times so they're putting their stop levels down there because they're like you know if you know the sellers thinking if it's below this then we are in a bad time and you see this as the market that you know we have failed in this new level and the market starts to fall and as soon as it breaks it you know that we tried one day here and then my salesmen were able to keep it, but so when buyers came in and started to force the market down, stop orders were hit and the marker went off to a new low that again is extremely significant because we have to look at this new low and this new low is saying that all the sellers you know all the extraordinary all the buyers who were back here you know all the way in the chart months ago they are coming now and they are saying no no this is the level this is a line saying that we are drawing and we find that this is a good price to buy this particular forest crossing, so they enter with force and like I said 'It is never a straight race, n unca we will see that we will see a race up and there will be that point where the market turns and we just hit it right here with this new high now, what's that tell us well actually jumped well above the level here even where we had the two previous lows and came up to the two previous lows one thing we have to think about is the fact that these levels of price agreement where market turnarounds can be considered as lows and resistance as the highs but also when the markets break below them they really become resistance points for the market so now the markets coming back here to break through these two lower levels is an area of ​​resistance to the market so we ended up having the market emerged highlighted from that point of resistance which used to be previous support for the market is an extremely brief overview on this subject, but it is one that I went into detail in many of my videos and I think it's a simple and basic concept that you can see on any graph without any graph