Price Action Authority
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This price action trade setup doesn’t use any lagging indicator. That’s the beauty of it. It focuses on price action only. If you watch how the best...
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[...] * than its Open Price AND the body of the bullish reversal candle is significantly longer than the body of the preceding hesitation candle. Here’s an [...]
[...] aggressive up move of over 300 pips. Then we wait for price to pull back. And we look for a bullish pattern X in the pullback. When this pattern shows up, we know that price’s likely to resume its [...]
[...] on EUR/USD pair, we see an aggressive up move and then a pullback. ' Then we have a bullish pattern X present. When we identify that bullish pattern X, we place our entry 3 pips above the high of [...]
[...] action only. If you watch how the best traders (including the floor traders and institutional hedge-funds traders) trade, you’ll notice that their method is very simple, but wickedly effective and [...]
[...] that their method is very simple, but wickedly effective and consistent. The most powerful forex trading system is -- simply follow the TREND. The trend really is your friend. Besides, forex market [...]
[...] * than its Open Price AND the body of the bullish reversal candle is significantly longer than the body of the preceding hesitation candle. Here’s an [...]
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