Ideally, we'd want to see a retracement on GBP/USD back to a key support level, and then a bullish price action rejection signal off that support level to ride back upwards with the main trend. Below is a picture of a good area to look for potential ...

Simple, Powerful and Effective Price Action Trading Strategies

image Another update on GBP/USD. The GBP/USD market continued to move higher off the back of the bullish price action signals we pointed out earlier, and has actually hit the 1:3 risk/reward target. This means the trade has already returned 300% ...

Simple, Powerful and Effective Price Action Trading Strategies

image In the last few weeks, this market has been chopping and consolidating itself into an untradeable mess. The last few daily candles and recent price movement shows us that price recently broke upwards and closed above the consolidation ...

Simple, Powerful and Effective Price Action Trading Strategies

image A quick update on the GBP/USD set up. As we anticipated, higher prices developed off the back of these bullish rejection candles. These set ups draw confluence in from the support level that held strong and the higher low that was created. ...

Simple, Powerful and Effective Price Action Trading Strategies

image Revisiting GBP/USD, we're left with an interesting set up. This chart is of the daily time frame. After a failed break out attempt downwards from an inside bar, price dropped right into a key support level and stalled. This support area held ...

Simple, Powerful and Effective Price Action Trading Strategies

Thanks for your support Erebus, I am not trying to 'scam' anyone. Like I said I am aware the Forex market is saturated with 'scams' and we've tried really hard to set ourselves aside from all that negativity. I think edge has a lot of personal ...

Simple, Powerful and Effective Price Action Trading Strategies

The 10/20 EMAs that are on our charts are used to map the mean value of price. They act as dynamic support and resistance, in trending conditions the mean value often acts as a strong turning point. We don't use them for 'crossover signals', or any ...

Simple, Powerful and Effective Price Action Trading Strategies

image GBP/USD has just retraced right into a key resistance level as well as dynamic resistance, struggling to maintain and create further highs, and dropped off a strong bearish inside candle set up last Friday. The 20 EMA usually acts as a ...

Simple, Powerful and Effective Price Action Trading Strategies

image A quick update on the XAU/USD trade. An early Asia session false break of the set up candle high (which we warned of above) and current bearish pressure after London open hints to us that the market did not favour break outs into higher ...

Simple, Powerful and Effective Price Action Trading Strategies

image Taking a look at XAU/USD (Gold) on the Daily time frame, we can see a very interesting potential set up for next week. Last week price has punched through a key resistance level, and is now holding as new support. A succession of Higher ...

Simple, Powerful and Effective Price Action Trading Strategies

I hoped to avoid negative comments like this, to begin with I clearly statement in my first post that I was a member of the DnB War Room community trying to be fully transparent so there are no 'hidden surprises'. Yes you have to pay for War Room ...

Simple, Powerful and Effective Price Action Trading Strategies

Yeah, that's correct. The chart above is from Alpari UK, which uses the New York close candles. We prefer using New York close candles because logically speaking, the market closes when New York closes, as it's the last session in a trading ...

Simple, Powerful and Effective Price Action Trading Strategies