image After the Fed baited the market on with more of their ‘we might raise interest rate’ B.S. – we seen volatility pick up on EURUSD and a breakout of the ranging market structure it was stuck it. Breakouts like this are a breath of fresh air ...

Simple, Powerful and Effective Price Action Trading Strategies

Yes there is a very large bullish rejection candle show rejection of lower prices on the New York close daily charts. It's still playing out, but could see higher prices develop.

Simple, Powerful and Effective Price Action Trading Strategies

At that stage I wouldn't exactly call that a 'breakout'. It has only breached the previous candle high by a few pips really - it could be be put down to normal market fluctuations. To call it a breakout trap, you would really want to see a decent ...

Simple, Powerful and Effective Price Action Trading Strategies

image Today I would like to talk about a potential mean reversion situation on the EURGBP daily chart. Price has accelerated away from it's mean creating the classic price-to-mean gap. The fast moving bearish price action was contained by a ...

Simple, Powerful and Effective Price Action Trading Strategies

image One of the charts I will be watching closely within the next few weeks is the EURCAD. This market has emerged out of consolidation by breaking below the bottom support containment line. Now price has broken free, we can expect this market to ...

Simple, Powerful and Effective Price Action Trading Strategies

Looks like that trade paid off well mate. Good work. I just finished publishing a new Forex video tutorial: image Click Here to Watch Video

Simple, Powerful and Effective Price Action Trading Strategies

image Looking at the GBPUSD which offers a potential bearish trading opportunity to start the trading week off. If we highlight the overall structure of the market, we can see price is bouncing between a declining trend line, and a major support ...

Simple, Powerful and Effective Price Action Trading Strategies

Sorry mate, - I didn't know you posted here. For some reason I am not getting emails about new posts. You are trading against some heavy downward momentum there.. it doesn't look like a very convincing buy opportunity for the 4 hour chart. I would ...

Simple, Powerful and Effective Price Action Trading Strategies

image I was just having some lunch when I got a notification on my iPhone from the Price Action Battle Station tool for MT4 that there was a potential bullish trade opportunity for me to check out on the Australian Stock Index. Not a market that I ...

Simple, Powerful and Effective Price Action Trading Strategies

image Last session I put a blog post up talking about a fakeout that occurred through this resistance level, and a potential bearish trade opportunity. Nothing come of the fakeout - price regained strength, and managed to bust back through the ...

Simple, Powerful and Effective Price Action Trading Strategies

image We've see the New Zealand dollar make a small comeback - regaining some recent losses. The market rallied off the market floor into a major resistance level. Last session, the market attempted to breakout above resistance, but the move ...

Simple, Powerful and Effective Price Action Trading Strategies

image Recently we looked at a few bearish candles coming off weekly resistance here on the GBPCHF daily chart, speculating future weakness. There was a bit of sideways chop here around this major level, which is to be expected, see latest lesson: ...

Simple, Powerful and Effective Price Action Trading Strategies

image We recently covered a setup on the USDSGD market - a nice set of bullish price action signals that formed at a major support level. It was anticipated there would be a nice move upwards out of this setup, and the market didn't disappoint. ...

Simple, Powerful and Effective Price Action Trading Strategies

One of the most common questions I get asked is: "How do you know if the markets are going to start consolidating?" It's very frustrating when you do get caught up in consolidation, you can get very agitated and be susceptible to emotional mistakes. ...

Simple, Powerful and Effective Price Action Trading Strategies

image Last week the fed 'played their hand', and decided not to raise interest rates in the US. It was this year's highly anticipated news that forced the market to remain in consolidation holding patterns until the decision was announced, so ...

Simple, Powerful and Effective Price Action Trading Strategies

Sorry, haven't been around to update the thread much. Summer trading has been quiet, thankfully it's over. I've been working of a few tools to help price action swing traders. See my latest post for more info on the tools, and recent trades... ...

Simple, Powerful and Effective Price Action Trading Strategies

image Looking at a bullish rejection candle that has formed on the 4 hour time frame of the EURUSD. I call these ones ‘thick body’ rejection candles because in this case, the candle signal has a thick bullish body – which gives the setup a little ...

Simple, Powerful and Effective Price Action Trading Strategies

Setups are hard to come by at the moment. I've slowed down with my commentary as a result. The markets have been quite dull as of late, mainly because everyone is waiting for the feds next move regarding their interest rates. This week is expected ...

Simple, Powerful and Effective Price Action Trading Strategies

image The GBPUSD has recently suffered a hard drop of 8 days of intense selling, moving price from a larger range structure top, sharply to the bottom support. During the 8 day sell off we haven't seen any bullish closing days! Now the market has ...

Simple, Powerful and Effective Price Action Trading Strategies

image The USDCAD daily chart has started off this week with some pretty decisive price action. We've watched the CAD bears drive the USDCAD up the chart for a few months now, but all good things eventually come to an end - this uptrend can't last ...

Simple, Powerful and Effective Price Action Trading Strategies