In this lesson trade Forex, I am going to share three of my action trading strategies preferred price with you; Dowel rods, sticks and fakeys inside. This commercial configurations are simple, but very powerful, and if you learn to act with discipline and patience that will change the operation very strong advantage.
Although these are three configurations of my configuration "basic", there are many other versions and variations are, we focus driven price action members in the community and our share price. However, you can get some good basics in this article to learn the foundation for future learning lay. So, without further ado, let the party begin ...
PIN-bar settings:
Although these are three configurations of my configuration "basic", there are many other versions and variations are, we focus driven price action members in the community and our share price. However, you can get some good basics in this article to learn the foundation for future learning lay. So, without further ado, let the party begin ...
PIN-bar settings:
The pin strip is a staple act like the forex market. It has a very high accuracy rate developments in the markets, and especially when they occur in a plane confluent. Pin bars that occur in major support and resistance, are very precise configurations generally. Rivets can opposite trend can be recorded for as long as they are well defined and the project surrounds much of the price bar, indicating that there was a strong rejection, and preferably only in connection with the timing chart daily. See figure on the right is an example of a bearish pin bar to see (1 bar) and a bullish pin bar (second bar) ->
The following table of Example Let us look for the tunnel, which occur in the course of market development; my favorite way to trade them. Also note that the upward trend started in the back of two bullish pin bars, which ended the trend to the existing floor.
Fakey configuration:
Fakey trading strategy is a different configuration of the action of the price of bread and butter. There is the rejection of a significant level in the market. Many times, the market went one direction and then appears to reverse that suck all the fans, where press professionals the price in the opposite direction. The fakey configuration can trigger some very large movements in the currency market.
As we can see in the figure on the right side, the fakey pattern is essentially a bar-> internal configuration by a false breakout of the bar inside and then close again followed within reach. The input triggered the price fakey again above the maximum bar inside (or less in case of a bearish fakey).
In the following table we can see that the market somewhat further formed fakey. Note the fakey formed in the false break a conditioning bar took place inside, as the fans tried, market to bring benefits and then intervened and all fans are buying in a burst away from ...
Within the parameters of the bar:
The bar inside is a signal continuation of trend, but can also be used as a turning point signal. But the first way to learn how the bar strategy for trade as a tracking signal, so we here focus more information on the bar inside and all forms of trading that you in my price advanced course of find trade. As we can see in the figure on the right side, an indoor bar is completely contained within the specified range> the previous bar
Displays a brief consolidation and a break in the direction of the dominant trend. Indoor bars is best played on the daily and weekly charts. They allow a very low risk still huge rewards. The strategy in the bar with a very strong trending market is connected, is one of my favorite settings in share prices.
In the following example, we have a current (as of this writing) the configuration of the internal bar EURUSD trade came down with the dynamics of the current bear market. We offer a nice interior configuration bar formed just after the market broke below a key support level, configuration and significantly lower and will be further developed at 1.2625 to the next support on the downside, as of this writing. Many of our members are in this business, which we discussed in detail the members of the forum and comments from members daily.
How, currency trading has can see in the above three examples, not be complicated or involve indicators disorder and confusion over his cards plastering. Once you master a few configurations strong share price as above and the other in my course of currency trading, you will be well on your way to a safer and more profitable trader, just remember the master these configurations patience, dedication and discipline is necessary ,
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