The EURUSD wedge breakout to the downside ended up manifesting into a breakout trap, now the EURUSD has conflicting bullish and bearish price action on the daily chart so staying clear... image The GBPJPY market is still considered to be in a ...

Simple, Powerful and Effective Price Action Trading Strategies

image It has been a slow trading week for many of the currency pairs, we've seen momentum basically 'flatline' and a lot of consolidations and price churning going on - not good when you're trying to make money. The EURUSD chart above shows this ...

Simple, Powerful and Effective Price Action Trading Strategies

image The steep downtrend that was in play on the GBPUSD came to a grinding halt when the market bottomed out on a weekly support level – drifting sideways in range bound conditions for the last month. The Overall pressure still seems to be down ...

Simple, Powerful and Effective Price Action Trading Strategies

Thank you for your confidence in me... I know of this one bad review you are referring to - it's someone I got to do work on the site for me and fired and now he is on a revenge campaign to brand me as a scammer. I am trying my best to ignore him, ...

Simple, Powerful and Effective Price Action Trading Strategies

Check out some of the Price Action Signals that formed ahead of the big moves on the Yen last week - I exited the USDJPY breakout trade too early image READ ARTICLE: HIGHLY PROFITABLE FOREX TRADE SIGNALS BEFORE BOJ INTERVENTION Also there may ...

Simple, Powerful and Effective Price Action Trading Strategies

Just following up on the AUDJPY Asian breakout trap that produced a bullish rejection candle on the 4 hour charts. This breakout trap produced good follow through... image image The Asia breakout trap, and breakout trap & reverse setup is ...

Simple, Powerful and Effective Price Action Trading Strategies

I am basing it on price behaviour of the past and recent price action (rejection of that level), which demonstrates that level is still behaving as resistance.

Simple, Powerful and Effective Price Action Trading Strategies

I think you're overcomplicating things a little Master Kiwa, Last session candle shows traders price moving up into a recently proven resistance area and being rejected by the market - demonstrating the market is respecting this level as resistance. ...

Simple, Powerful and Effective Price Action Trading Strategies

image [/B] Last session we were graced with the volatility the FED brought to the markets and we seen the USD strengthen again. As a result we seen the major currencies weaken like the GBP and the AUD. The AUDUSD producing a large bearish ...

Simple, Powerful and Effective Price Action Trading Strategies

image The AUDUSD daily chart has been flagged as a 'no fly zone' for us price action traders for the last few weeks. Check out the consolidation it's been quite a mess. The general rule of thumb is - the longer the consolidation period, the more ...

Simple, Powerful and Effective Price Action Trading Strategies

~ New Forex Trading Article ~ image ARE YOU ALLOWING FOREX INDICATORS TO WREAK HAVOC ON YOUR TRADING?

Simple, Powerful and Effective Price Action Trading Strategies

image I’ve been making a better effort to check what’s been going on the 4 hour time frame in these faster paced markets. The EURUSD downward trend seems to have lost some momentum and we are seeing price really ‘jam up’ and congest above a daily ...

Simple, Powerful and Effective Price Action Trading Strategies

The EURUSD and AUDUSD haven't worked out this week thanks to the choppy movements of the USD. It's all eyes on the USD at the movement, so it's has become the main driver on most of the trends we are seeing - making the major pairs have highly ...

Simple, Powerful and Effective Price Action Trading Strategies

image The AUDUSD has been considered a ‘no trade zone’ after the market has jammed up against a weekly support level and congested heavily in consolidation. This is why is a good idea to map out weekly support and resistance levels on your chart, ...

Simple, Powerful and Effective Price Action Trading Strategies

Check out our latest Forex Price Action Video Tutorial... video

Simple, Powerful and Effective Price Action Trading Strategies

image EURUSD has suffered quite heavy losses in the last few trading months - thanks to the strength gained in the USD. We all know that these trends don't last forever and the markets can shift from bearish to bullish sentiments overnight. The ...

Simple, Powerful and Effective Price Action Trading Strategies

image The GBPUSD produced an Inside Day after a quiet trading day – the US banks were off last session so that could have been the cause. The down trend is still intact here, the Inside day formed just under the mean value. If we get a break of ...

Simple, Powerful and Effective Price Action Trading Strategies

image The bullish run on the USD is causing most of the major pairs to trend beautifully – producing ‘text book perfect’ money making conditions for traders. The GBPUSD has been weakening off the back of the strengthening USD, and further ...

Simple, Powerful and Effective Price Action Trading Strategies

Just an update to the GBPNZD trade idea I posted earlier last week... image Last week I posted a trade idea on the GBPNZD daily chart. The market was very overextended from it’s mean value, which sets the market up nicely for mean reversions. The ...

Simple, Powerful and Effective Price Action Trading Strategies

Just blinding buying levels without no confirmation via price action? I wouldn't call that reliable. This chart just proves that point, how many anticipated support levels would those 'touch traders' bought and lost money on in these strong trends.

Simple, Powerful and Effective Price Action Trading Strategies