Price action basics part 4 - Page 2
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Thread: Price action basics part 4

  1. #11
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    I must agree with you in the fact that price study is the best amongst any indicator in terms of analysising the currency market,although moving average can show you the trend but it can specify entry levels,that why I most times use candlestick pattern and support and resistance level for entry,although its important you learn to manage risks by applying stoploss and also use volumes that wouldn't affect your capital.

  2. #12
    Quote Originally Posted by uchexxx View Post
    I must agree with you in the fact that price study is the best amongst any indicator in terms of analysising the currency market,although moving average can show you the trend but it can specify entry levels,that why I most times use candlestick pattern and support and resistance level for entry,although its important you learn to manage risks by applying stoploss and also use volumes that wouldn't affect your capital.
    What about my question?

    "what leves are significant for the market here?"

  3. #13
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    Quote Originally Posted by Value trader View Post
    What about my question?

    "what leves are significant for the market here?"
    Hello Value trader,the chart is not loading and am not sure if the problem is within my computer or the link you provided,price action topic is very important one and traders who depend on the action of prices instead of indicator trading make good results,i hope we can enrich this topic with more charts.
    Bend your view to the charts, not the charts to your view

  4. #14
    Quote Originally Posted by Nizar View Post
    Hello Value trader,the chart is not loading and am not sure if the problem is within my computer or the link you provided,price action topic is very important one and traders who depend on the action of prices instead of indicator trading make good results,i hope we can enrich this topic with more charts.
    It's strange because it downloads well on my computer

  5. #15
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    Quote Originally Posted by taharoyal52 View Post
    I am already a part of this community and sharing my live trade which are purely of price action trade calls. I share my charts here with sharing my scenarios to what would might happen if this breaks and from where to buy/sell etc.
    Please do have a look
    My Daily Analysis - Price Action Strategy :)
    Yes good addition to price action contribution in this forum because now a days most traders wants to learn price action strategies in full details with simple explanation,but mostly find these strategies in very difficult language that they can not understand well..

  6. #16
    Trader Nizar's Avatar
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    Quote Originally Posted by mark48 View Post
    Yes good addition to price action contribution in this forum because now a days most traders wants to learn price action strategies in full details with simple explanation,but mostly find these strategies in very difficult language that they can not understand well..
    as traders are growing more sophisticated they concentrate more on understanding strategies like price actions instead of canned useless strategies that depend on indicators,understanding how price move is essential for a trader to increase his ability to predict future market behavior and base his trades on that.
    Bend your view to the charts, not the charts to your view

  7. #17
    I have read your PRICE ACTION part 1 thread, part 2 thread, part 3 thread, and also this one which is part 4 thread of price action trading strategy. First of all i would like to thank you for your efforts sir.Through this thread I learned a lot which helps me to get basic idea on price action. The rest result can be possible to gain when I will go to implement it my trading. I find each and every thread of this forum very interesting and try to learn properly so that I can become a good forex trader.

  8. #18
    Quote Originally Posted by debashish View Post
    I have read your PRICE ACTION part 1 thread, part 2 thread, part 3 thread, and also this one which is part 4 thread of price action trading strategy. First of all i would like to thank you for your efforts sir.Through this thread I learned a lot which helps me to get basic idea on price action. The rest result can be possible to gain when I will go to implement it my trading. I find each and every thread of this forum very interesting and try to learn properly so that I can become a good forex trader.
    Thank you for feedback. Also, you can attend my weekly webinars - you can find webinar of your interest and register here:
    http://www.roboforex.com/beginner/webinars/

  9. #19
    yes dear you are wright in the fact that price study is the best among any indicator in terms of analysis of the Forex business, because here the moving average can show us the trend but it can specify entry of any levels.so must take fisrt here learn and get a best leverage then start work.

  10. #20
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    With the regard of the following of this course from the beginning, i think i am getting abetter clue on the price action trading. And the way he has being taking it is very concise, and i love it very much. It means that price action might be taken as a whole tdaing system that will work during the sudden economic situations as well.

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