image The AUDCHF market has rejected moves higher into a dominant resistance level on the daily chart. As resistance held strong here, the market closed as an aggressive bearish rejection candle with quite a large upper tail as the bears stepped ...

Simple, Powerful and Effective Price Action Trading Strategies

Today looking at a potential long term breakout on the USDJPY... image USDJPY is a market that we have been steering clear of most of the last part of this year. At the beginning of the year we had many bullish price action trading opportunities ...

Simple, Powerful and Effective Price Action Trading Strategies

Here is a video of the EURNZD trade we've been talking about here if anyone is interested... video

Simple, Powerful and Effective Price Action Trading Strategies

Just a follow up to yesterdays setup. The market has responded as anticipated and an aggressive 'snap back' to the mean has taken place. image These mean reversion trades are generally quite aggressive like this and are great for quickly driving ...

Simple, Powerful and Effective Price Action Trading Strategies

Hi Partial2Pips, thanks for your thoughts on price action trading, we do honestly believe it is one of the closest things you will get to the 'holy grail' in the Forex markets. Looking at the EURNZD today, where the market is looking very top heavy. ...

Simple, Powerful and Effective Price Action Trading Strategies

To kick off this week I would like to share two charts. The USDCHF has just broken into new lows last week, now we are waiting for a good opportunity to sell into this momentum. We are waiting for price to rally back into the old weekly support ...

Simple, Powerful and Effective Price Action Trading Strategies

Hey Winston, You're not wrong, it is hard to ignore any dominating reversal candlestick pattern at these weekly levels. This could be a game changer for the AUD.

Simple, Powerful and Effective Price Action Trading Strategies

Just to review the bullish signals we spoke about on the AUDUSD, they matured nicely into profit as anticipated. Nothing beats trading quality price action signals with an existing trend. Now the AUDUSD has slammed into a weekly resistance level, ...

Simple, Powerful and Effective Price Action Trading Strategies

image To start off this week's trading most of the pairs experienced light price movements. The more active moves were the Australian & New Zealand dollar. On the Australian dollar, the market opened up much lower than Friday's close 'gapping ...

Simple, Powerful and Effective Price Action Trading Strategies

image We've been following gold quite extensively in the War Room, although most markets havn't been moving very much gold has been dropping some nice setups for us. Most traders were able to catch the last two as gold continued to respect the ...

Simple, Powerful and Effective Price Action Trading Strategies

Looking at an Inside Day signal that formed on the EURUSD last session. Specifically looking for a break of the highs to occur this London/NY session to jump in with continuing trend momentum... image /center]

Simple, Powerful and Effective Price Action Trading Strategies

Hey, it was a good level to act as resistance, it's actually the neckline of that double top that formed. Unfortunately the market busted through on Friday, so that invalidates any ideas for shoring this market. Looking at a short signal that formed ...

Simple, Powerful and Effective Price Action Trading Strategies

Looking at a 2 candle rejection pattern on the EURNZD cross pair market this session. image We've witness a recent break in a serious rangebound market to the downside, this week the market has rallied back up and tested the old range support ...

Simple, Powerful and Effective Price Action Trading Strategies

image AUD/USD, trending upwards since the last week or two, has dropped off a hint which could imply a small dip in the market that we can take advantage of. Price approached a key resistance area and tried to push past, but bearish pressure took ...

Simple, Powerful and Effective Price Action Trading Strategies

It's not the best signal in the world, but it isn't the worst either. An inside bar, and bullish rejection candle signals were formed after a second test of a strong key support level. I personally would have taken that setup, however, the last two ...

Simple, Powerful and Effective Price Action Trading Strategies

Oh great the troll is back, locked up inside in bedroom with no friends and has built up so much hate from losing so much money in the markets that he has to come here and start being a hater. Just so you know that we spoke about that GBPUSD setup ...

Simple, Powerful and Effective Price Action Trading Strategies

image Here's a great example of how powerful price action trading can be. Above is a chart of GBP/USD on the daily time frame. This market was trending upwards, creating higher swing highs, and higher swing lows along the way. Price retraced right ...

Simple, Powerful and Effective Price Action Trading Strategies

image Surging with bullish momentum for the past month and a bit, GBP/CAD has tested an already recently tested key support level. Initially serving as strong support, the key level has only just slightly rejected price last Friday. Monday's ...

Simple, Powerful and Effective Price Action Trading Strategies

image We've been keeping an eye on the gold market very closely this week. In the last few posts we discussed a bullish trading opportunity that developed from the 4 hour time frame, unfortunately we didn't see as much of a bullish response from ...

Simple, Powerful and Effective Price Action Trading Strategies

image Looking like a potential change of pace, EUR/AUD has had the neckline of a recently formed "double top" pattern broken, and has formed an inside bar with a bearish rejection candle body. Price crumbled downwards after a failed attempt of ...

Simple, Powerful and Effective Price Action Trading Strategies