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DnBPriceAct replied Sep 4, 2013image Looking at GBP/JPY, we can see that this market recently broke out of a strong range. Last Monday, price pierced through the upper end of the range, and closed above it. Consecutive bullish closes on the daily chart, above the range has ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Sep 3, 2013image XAU/USD has taken off from the bullish rejection setup we talked about, and is currently now hovering around 1410-ish. You could have been looking at around 1:2 at the moment. Keep an eye on this market to see how things develop.
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Sep 2, 2013image Another update. GBP/CAD is playing out as anticipated, as it continues to move higher off the bullish rejection candle setup that formed a few days ago which hinted to us that there was more up moves to come. We must always keep an eye out ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Sep 2, 2013image Looking at XAU/USD again, the market ended up dropping a bullish rejection signal on the daily chart. Price tested the waters at a key swing support level, but was quickly rejected and price pushed right back upwards to form this setup. This ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Sep 2, 2013image Continuing from my post above, XAU/USD ended up testing that support level. Looking at the H4 chart to get a closer look at how the market is reacting to this key support level, price was rejected hard and dropped off a long bullish price ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 31, 2013One of the most universally accepted opinions in price action trading is that it's always better to trade with the trend. Think about it. It's always better to follow price, rather than go against it. Following the main trend direction is not only ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 31, 2013image XAG/USD has been trending aggressively bullish for about a month now. Only bullish setups are favourable in this type of market. Price broke through a key resistance area, which is now attempting to hold as key support. Price experienced its ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 29, 2013image GBP/CAD is playing out as we anticipated so far. The setup candle range high had broken during New York session. Price is approaching strong overhead resistance. We have to keep a keen eye on how price action develops at a strong resistance ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 28, 2013image This market is currently trending quite strongly. In the last few months, bullish momentum has pushed GBP/CAD higher and higher, making new swing highs along the way. In the last trading session, price had retraced right onto a key support ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 27, 2013image GBP/JPY experienced a very strong sell-off after a bearish price action rejection setup formed at a key resistance level. Bulls tried to push past the key level, but the market wasn't ready to break out higher, thus forming the setup. In a ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 27, 2013image A short update on the USD/CHF setup I posted earlier. As anticipated, the market sold off after a feeble attempt of breaking past key resistance. We have to keep an eye out on nearby support areas and look closely at how price action ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 26, 2013image This market has been trending strongly for a while now. We can see that the beginning of strong bearish moves which pioneered this trend began in early July. The market has slowed down a bit since then, and now we find ourselves into a "hot ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 24, 2013image A quick update on the EUR/USD setup I talked about earlier. Things have played out nicely, and we're currently sitting in profit at the moment. A 50% retracement entry would mean we're currently sitting at 1:1. We have to be aware of ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 22, 2013image EUR/USD has been trending well for a few months now. We can see from the series of swing highs that this has been a strong bullish market recently. In a market like this, we'd be looking to buy, as we don't want to go against a strong trend ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 21, 2013An update. image The setup we talked about earlier played out as expected, as price was pushed for a further move down. Could have taken upwards of about 1:3 risk-reward on this one.
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 20, 2013image We're looking at EUR/GBP for a possible setup that may form in the near future. This is currently a bearish trending market that we're looking at, so we'd primarily go for shorting opportunities. We always favour to trade in the direction of ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 19, 2013image This market has been trending downwards for a short while now. We can tell from the series of lower lows and lower highs that were developed in the last few weeks that there is notable favour in the bearish side at the moment. In the last ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 16, 2013I am not sure what he teached inside his members area as I am not a member, Most price action methods will use pin bars and inside bars, they really are the bread and butter foundation of any price action system. There are about 6 price action ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 15, 2013image Gold is developing all the right conditions we like to see for a possible setup. This market continues to push higher -- a trend that began a few months back, which was confirmed as the clear direction of where this market is heading, when a ...
Simple, Powerful and Effective Price Action Trading Strategies
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DnBPriceAct replied Aug 14, 2013image Taking a look at EUR/JPY, we can tell that this market has been indecisive this year. Without a long, clear trend to follow, EUR/JPY looks lost. The most recent attempt of a trend in this market is currently what we're looking at here at the ...
Simple, Powerful and Effective Price Action Trading Strategies