Trading Price Action Successfully With Entry and Exit Rules

Christmas Holidays have made the forex market a bit lazy or You can say trends do tend to go sideways and funds have been not put on line to push the price through important barriers.

Meanwhile I have decided to put my best of the trades in spotlight in order to tell you what I was risking and what I get and overall of very good year even When Price Action on most of the pairs were choppy in the last quarter, But Still I made some good pips as I always try my best to keep you all updated about any trade setup except few which were quite quick to behave.

Trade sentiment is somewhat differ from Trader's Sentiment or mindset

However, we always can say that when We trade we should have confidence what decisions we made and back them with proper entry and exit rules, which I think more important than what we feel while we looking to make some strong statements about our observing power.

* My recent Gbp/jpy Trade

A brief explanation has been posted below about the gbp/jpy trade which was trending all the way from highs of 191.00 to 178.00 and I pick some strong entries on h4 chart and same were posted on the blog and I am doing it over again.

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Australian Dollar Another Short Signal in Bearish Market

We have seen so heavily selling in commodity market amid Chinese slowdown and hence riskier assets currency like Australian, Canadian and NewZealand Dollar selling has given traders numerous opportunities to bag lot of pips and It was much awaited after Gold market has witness a strongest bearish run in the last decade or so.

I have pin point each and every swing and supply and demand levels in the chart which have open way for the pair to give us very low risk reward opportunity and after there as rejection at top, we have few price action setups which tells us why we should always look for retest of previous supply levels to see If price could fake after engulf or create another level of importance.

My Recent Trade Videos List

Here's a list of my recent trade list which tells us that we can really wait for our turn after there are rejection and engulf at crucial levels. Do watch them all for price reading edge and Don't forget to leave a comment for better response.

Price Action With Supply and demand And Recent Trade Setups

Its been quite a while since I have keep my blog updated but due to my busy schedule i was unable to spend time with my blog readers and hence this is the reason for not updating time but now, I am going to keep it updated with regular intervals

Fed Decision and Australian Dollar Response

Even though we see Drop base and rally are not most important price patterns in measuring demand but it is not the one to ignore and We have seen some patterns in recent charts that really signalling reversals ahead of recent Engulfs.

How to measure Supply and demand Zones in Currency l Beginners Price Ac...

How to measure Supply and demand Zones in Currency l Beginners Price Ac...

Price Action Strategies for Beginners l Trading Reversals And Rejections

Hi!
Blog has not updated since last few days, the reason was end of the months and lot of action and also my busy trading schedule.
There has been lot of talk around of ECB Stimulus and momentum again shift towards the US rate hike after the tremendous and healthy NFP report, which has given new hopes to US population to see the first rate hike in about more than a decade.

I am really in favor of rate hike because since US decide to end stimulus and bond buying program the only reason that they don't lift-of was unemployment and housing market and both of them has decent or say excellent recovery and now the Yellen and Fed members has not too many things to think about and coming Christmas would prove to be the gift of Rate hike.

Now, I would like to tell you that I have just recently decide to put some charts on board, which has really moved a lot out of large consolidation and given new opportunities to everyone but those who still looking for another technique may be still for methods that they can adopt to give kick start to their trading which has not happen for them in years.

Ignore Demand Scenarios and Price Action Basics

In the chart below, gbp/usd has shown us the big way we should approach a technical chart and we don't need to put any Indicator on the board, to succeed and to see why Price behave in such a way which can give us some idea how price use to behave violently when it revisits such areas.

Take a look at the chart Below

This chart has everything, whether you talk about Ignored Demand and retest after buy orders and If You want to trade support and resistance there was flip at lower high and then decision made again and You do get a clue that If there is lot of supply in the market market does not really wait for a pause and recent drop in Sterling is 550 pip drop and from decision it has already drop 250+ pips.

But what was crucial for me, a clue prior to release of NFP which means BOE policy decision was most important and single currency pair need local or individual guidance more than it depends on relative cross which was in this case and that is a big lesson for traders who like to trade only dollar and concern about what is happening with another global economies and that is why usd/jpy moves a lot when NFP data released.