Price Action Forex Trading – Trading Counter Trend Price Action Setups
Here is a new trading video on how to spot key elements to enhance your counter-trend setups using price action triggers and reading the key price action elements.
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Articles on institutional positioning, options flow, price action, and the neuroscience of trading.
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Price Action Forex Trading – Climax & Exhaustion Reversal Bars
In one of my most recent webinars on FXStreet, I talked about a key method for detecting when a trend is over-extended, which is to look for a climax or exhaustion reversal bar. I had mentioned how from an order flow perspective why these exhaustion and climax bars tend to represent a high probability reversal…
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How Many Patterns Do You See Here? A Forex Trading Quiz
I have been working really hard lately on my upcoming book ‘Trading Price Action‘ which I am seriously looking forward to finish and deliver to the world at large. Currently I am dissecting a chapter on pattern recognition and came across this interesting chart. In trading, we often look for fixed patterns we are trained…
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Ode To The 4hr Charts…
I want to share with you some results and tell me if you think these would be considered professional grade, or highly impressive to say the least; 110% gain for 2011 124 Trades, 74 winners, 50 Losses 59.67% Accuracy Rate Largest Win: $14,360 Largest Loss: $8,180 Max Win = 43% larger than Max Loss Max…
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Reading Price Action – Key Price Action Elements to Breakouts Part 1
One of the questions I get most often about reading price action has to do with breakouts. How to spot them? How to know when it is a false breakout? How to get in after it’s already broken out? Ok, i’m in one now, how do I know it’s for real? It is the last…
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The Risk of Ruin Tables You Should Know
Many people will talk about their forex Risk-Reward ratios such as it’s important to have 2:1, 3:1, or whatever to one ratio, but this is just the tip of the iceberg of risk-management and leaves you uninformed and un-empowered. You can actually have a 3:1 Reward-Risk ratio and lose all the money in your account.…
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Trading the 4hr Charts
The 4-Hour Chart No, this is not a Timothy Ferriss promotion or new book, but an examination of the 4hr chart, along with the how and why I recommend using it for your price action trading. If you are in the beginning or developmental stages for learning how to trade the forex market, I definitely recommend…
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Price Action Trading Role Reversal Levels – Price Action Trading Strategies
This is our newest price action trading strategy video talking about how to trade ‘forex role reversal levels’ using the breakout pullback setup. We share some advanced price action elements on how to read the order flow and price action, along with what are the unique elements in a good breakout.