Buy crude oil Futures ||Trade crude furures for a living

I'll update the text later
Buy crude oil @71.50
stop 70.85
Target 1st 73.45
second 75.20

Trading oppprtunity Low Risk Reward|| Buy Euro dollar

Euro is looking very strong against all its counterparts but crude oil supply and tension between USA & Iran is creating panic amongst traders worldwide. I expect dollar will feel pressure no matter what the outcome will be.Buying euro against dollar is very low and high risk trading opportunity. Follow the entry exit and trade this rally with caution

Buy Euro 1.1555
Stop 1.1450
Target first 1.1880
Target second 1.1950
Do remember to trail the position once 1.1600 is breached on daily closing basis.

Forex Trading with Risk Reward & Low risk pullback entries

Trading Forex is all about sighting opportunities & wait till we saw trend resumes and always consider whats happening on bigger time frames like weekly & Daily. Although, to make up for risk reward opportunities we should look at daily & h4 time frames and that is how we can make most of the trades by placing our stops and profit targets based on next important levels

USd/jpy is looking all set for breaking highs

Its almost two years since we saw any trend in usd/jpy as there were supports and resistances looking for hunting stops but now as far as opportunity is concerned, one is waiting to be taken. My entry and target for usd/jpy would be as follows.

Entry 111.81
Stop 110.90
First Target would 119.00
Once the target has bee reached we would look to add more at pullbacks and see the strength of trend and trail the profit and maximizing the profits with higher lots.

Gold Futures Pending Sell limit 1315.40 Stops around 1321

Gold Futures has been rising quitely from the bottom but bears are still looking to attack 1250 area ahead of 1310 area which is a good location to short.

As you look at the chart there is strong Rally Base drop and if you look past history you probably will find clues of the distinct price location where price change direction several times and this time this is going to be strong enough to rally ahead of the weekend.
Stops should be tight and as adviced.
Sell limit around 1315.40
Stops around 1321
Target 1st recent lows around 1273
Target second 1253

Usdcad pending sell around 1.2910 Technical Analysis

Price has managed to breach the crucial demand level 1.2810. We can see retest with compression on h4 time frames,but I am somewhat sure that target is not yet reached.
We should watch & wait a retest of the level 1.2915.
Take a look at the chart of USD/CAD below.

So, Trade entry would go this way.
Usd/cad pending sell stop around 1.2915
Stops @ 1.2936
Target 1st 1.2710
Second 1.2630
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Update of the Trade on 17th May 2018
Trade closed all the orders around 1.2740
+170
Note :-Weekend trading are not preferred

Loonie Chart for the reference

Price Action zones trading with gbpusd daily chart

Hi Readers !
Welcome to the blog . Its quite a while since I posted any chart but that due to my busy schedule. Opportunity is on the chart with a 7 times Risk Reward. Please do apply proper risk management with the trade as this level is clear seperator between bulls and bears.

Pair Gbp/usd
Entry point at 1.3847
stops around 1.3825
Target flat 1.4000

How to trade like banks and institutions & make a living trading forex

I've added best of the videos from you tube to clear the doubts and approach on how to trade like banks & financial institutions.

Price action analysis of canadian dollar against us dollar

Usd/cad approaching crucial area of 1.2600. I would like to see the reaction as this area had strong pushes up and down on weekly and looking at h4 reaction has already started & approach to area can result in strong sell-off.

Sell usd/cad pending sell @1.2600
Stop @ 1.2635
Target 1.2480

Price Action analysis of eurdollar Forex Technical update

Hi Readers,
Euro has managed to hold the area above 1.2450 & looking good to test another crucial resistance and psychological level around 1.2600
For price action traders it is quite necessary to look for reward to risk & price is reacting to previous highs but as we are approaching NFP today, I am expecting and going with the recent approach to high.
You can wait for the release of Non-Farm payroll or you can take small risk but make sure that you protect your entry with protective stops.
Buy Euro/usd 1.2480
Stop 1.2435
Target 1st 1.2580
Second 1.2650

Pound trade offered good risk reward l closed all at 1.3980

Hi Readers,

Usd/canadian dollar trade is still looking for a direction and tested 1.2430 area twice and made a high of 1.2490 but I would like to remind you about the last trade of Gbp/usd where I went long around 1.3810 area & took first profit around 1.3888 where I closed half & now I am closing all the positions around 1.3970.

Take a look at the post here Gbp/usd long trade

Total profit of 170 pips with a 35 pips stop is good enough trade specially when lot happening around at the start of new year.

Moving ahead for next trade of gbp/chf

I have posted chart of gbp/chf for your reference and recent rally looking good as it is carrying momentun but has not really went in complete control due to weakness of usd/chf.

I will post an update soon if price start reacting at 1.3310-40 area.

Forex trading oppprtunities & price action analysis of usd/cad

 Forex trading is all about opportunities but it does not stands for every oppprtunity should come our way or we need to keep looking for the opportunities day in and day out.

This is a self destructing antanomy that more we stick to the charts, more versed and more profits we make. If you ask me about how I go about forex trading as a novice, then there is no better place to get the answer but yourself.  Forex trading is so addictive that we get involved in it & that is the big reason for failures.

Also Read -How to look for top down analysis from weekly to day trading timeframes.

I just look to see sessions that are strong & carry momentum for strong breakouts but fall short of their targets. Usually institutions & banks use to manipulate traders who joined later to open trades but they most likely set pending orders when Price revist such area. Take a look at the chart below showing you a prime example & justifying my words.

Also watch :- Where to look for price action trades.

Daily time frame is good area to watch as I told in my previous post.  I agree to some that trend is strongly down on daily & weekly but h4 is mixed to bullish & several attempts to keep the downtrend intact has diminished & area of 1.2450-60 is strong s/r flip both sides but as Friday move was powerful and price is holding higher levels. I would recommend pending buy orders.

Buy @ 1.2460
Stop @ 1.2425
Target Ist 1.2560
Second 1.2640

Pound set to test the highs above 1.3800 stops around 1.3775

Pound set to test the highs around 1.3920
Pending buy order 1.3810
STOPS 1.3775
Target Ist 1.3920
Second 1.4010
Price action has been quite subdued and every bullish reaction in us sessions stalls at higher highs & Expecting this higher low to hold 1.3810 area

Price Action Zones defines price action and Eur/jpy trade update

It has been a good risk reward reward trade which clicks at the retest immediately @ 133.96.
Take a look at the post here

Wait for chart update little longer.
Seems to be little problem with google servers. Will post an update soon & for trade alert I would recommend trailing entry at 133.66.

How to define PA zones in a flag Forex Trading strategies

Its has quite fascinated to see pound rallies to the target. Now new trade opportunity awaiting and with a very good risk reward. But we need to see how Price action unfolds around 134.00 area.

Price has been in range of a flag and that area is quite a strong S/R flip & now if price manage to continue the rally towards the 133.00 area, then we probably will set a pending sell order at 133.96 & stop around 134.16 & profit should be 132.30 leaving you with 10 times Risk Reward.
Update of eur/jpy h4 chart.
Entry exact pip 133.96
Already 4 times reward at 133.08

Low volitality amid year end Holidays Still bullish on gbp and canadian dollar

Volitality has been very low amid new year & christmas but as this period will pass by I would be up and start buying both pound and usd/cad.

Buy usd cad around this level or look for a retrace towards 1.2650-70 level and set the stops 1.2590 & target should be around 1.2950 and 1.3070 area.

Usd cad entry based on weekly bullish candles and last rejecting weekly candle was strongly bullish and woukd like to see buying interest coming up again.

Gbp/usd - Price action is very range bound looking at weekly and strong momentum candles on weekly put the resistance and support on the both extrmes & I would expect price to find buyers again around 1.3270 level.
Stops around 1.3190
Target would be first 1.3490 & Second 1.3610

Merry Christmas to all and stay tuned for charts of both the pairs.

Forex Signals Majors Euro Dated 20/12/2017

Our signals valid only for four hours when they are posted. Issue time 12:10 GMT : Valid till 15:50 GMT
Eur/usd sell@- 1.1846 stop 1.1872 Target 1.1820

price action anylysis of Euro amid low volatility

Volatility has been very low but direction has been very clear in Euro after breaching of 1.1830
Buy order 1.1760 stops @ 1.1740
Target Ist 1.1860
Second 1.1925
Stay tuned for Euro short entry from caps @ 1.1960

Forex Top down analysis for trend from Monthly, weekky to Daily

Position weekly
Pair Gbp/cad Buy 1.7216
Stop 1.7140
Target 1.7650
Pair is approaching the mentioned resistance with breaking of recent s/r flip which was tested multiple times on weekly and I have placed my stop beneath the daily support line and will keep an eye to add more to that if an intraday opportinity is seen
Stay tuned to the blog for updates

Forex Intraday updates & Price Action Signals

Forex Trading signals for usd/chf & gbp/chf on  12/12/2017 GMT (8:30  GMT) Trading signals for gbp/chf sell @ 1.3240
Stop loss 1.3270
Target 1.3210
Signal is valid only for 4 hours as usual
Trade closed at 9:15 GMT (+40)
Intradayforexacademy

Forex Trading :- Where to look for entries PA ZONES

Euro/ usd Trend
Weekly Up Monthly Down Daily Neutral Intraday Down Trend is sideways on daily & Intraday is down. I would look to buy euro again above 1.1850
Bias neutral to bullish. But due to low volitality swings can fake up the whole PA.
Price action zone is between 1.1675 to 1.1710 & 1.1810 to 1.1860.
For Free Intraday Entry & exit Please click. Trading signals

Forex price Action analysis and guide on how to build forex strategies that work in forex

I would start the explanation as a novice. What should a novice trader look to react in a Forex market -its expectations, excitement and emotions and interpertating power to think that every trade is a winner.
Not every pair and market is rated proportionally, say if there is a particular currency is being sold or being bought there has to be a given reason for it to move. Always remember that not all currencies move in tendum. Its about need and targets of institutions when one area is breached, they often look for next target and that really is not possible with all the pairs as some might have hit their targets.

Technical Analysis of Pound for the next week starting 10-12-2017

In the following chart, As per my Analysis a particular zone is engulfed but there are few strong candles that are catching reactions but if those areas are consumed with spikes then price will drop more strongly.

Forex Trading :- Euro Sell stops seen around 1.1795

Sell stops around 1.1795
Stop 1.1815
Target 1.1778-65

Forex Trading :- Truth about candlesticks patterns & how to confirm entry & exit

 Hi Readers, Traders have tried to trade candlesticks patterns without even cnsidering the fact that what should be right way to trade candlesticks patters. For me, it always tell you who is in control don't guarantee that how long will remain in control.

Like every other mechanical system, candlesticks alone are not reliable. You need to consider the strength of the trend.

Trend is the first way to catch the reaction

First thing to remain in mind while considering the fact we need to look the current trend strength as we should not look for reversals and try and pick bullish or bearish pin bar at the extreme levels. This means when you trade candlesticks chart, you must need to understand the strength comes in while existing trend is in full control. Fakey pattern is my favourite pattern and when it happens at a level within the strength, then it is a high probability trade.

Trading signals for 07-12-2017 Eur/jpy, US dollar

Please Note :-- Signals are valid for only 4 hours taking over from one session to another.
Sell usd/chf Pending sell limit @0.9912
Stop @0.9935
Target 0.9875 (SIGNAL ISSUED @ (8:00 GMT) Trade closed -10 ==================================== Eur/jpy Buy @ 133.55
Stops @ 133.18
Target 133.92 Trade Closed + 28 ====================================

Gbp/aud trading analysis & signals issued on 6th december 2017

buy gbp/aud 1.7510 Stop 1.7460
Target.1.7650
+150 Pips =====================

Price Action Analysis & Trade Alerts for December-06-2017.

Signal for Gbp/chf on 6th December 2017
Sell Stop aroud 1.3262 (GMT 05:14)
Stops 1.3310
Target 1.3210

Trading signals for eur/jpy & gbp/usd

Buy eur/jpy 133.50 stop 133.15 Target 133.90 Signal issue 8:00(GMT) ( -10 pips.)
WAIT for gbp/usd signal

Forex Trading signals for usd/chf & gbp/chf on 04/12/2017

Forex Trading signals for usd/chf & gbp/chf on  04/12/2017 GMT (7:30  GMT) Trading signals for usd/chf sell @ 0.9846
Stop loss 0.9892
Target 0.9792
Intradayforexacademy

Trading signals & price action analysis of eur/jpy

Forex Trading signals for eur/jpy on  04/12/2017 GMT (7:30) Trading signals for eur/jpy Pending sell limit @ 134.02
Stop loss 134.32
Target 133.72-60
Trading signal valid till (GMT 11:00) Trade Closed +30

Trading signals & price Action analysis of gbp/us

04/12/2017 GMT (06:00)
Sell Gbp/usd @1.3480
Stops 1.3515
Target 1.3440
Valid till 09:45 (GMT)

Forex Trading secrets How does technical analysis helps a trader to predict the future price in stocks & Forex trading

 Intraday Trading signals

There has been a dialema of techical analysis when it comes to forex trading to predict future prices of a currency, futures or commodities. But how does it help us in an extent to entry & exit and all we can rely on Few techical aspects like fibos, trendlines, Indicators and support and resistance.

But what about few market conditions that drives the market & risk which always hovers when it comes to live market conditions. We still have 50% of the chance that market will react in the same manner on what we expect it to do. Then, why we need to stick around charts for hours and apply hundred of technical strategies to look for outcomes.

What I personally do is to pick my hours of trading & rely on reactions of previous sessions & work on risk rewards may be two times of the risk. Interesting fact is this that still I have 50% chance of trade going my way. Si, if I pick 3-4 pairs a day & try to apply money management skills there is a good chance thatbI end up with profits everyday & that is why I start backtesting of trading few days ago for next two months and seriously it is rewarding

-If you like to take the benefit of all my trades  in a real time, then stay tuned in the blog or for real time entries to your email open an account with  CMStrader & post your emails address in the comment section and not only I'll train you to become full time trader by guiding you to where to look for price action but also provide you complete support for next three months.

Forex Trading : you need to read this article before try to make money through hediging.

Trading signals

Hi Readers,

What I am about to discuss is the most important part of trading which is known as hedging. Hedging can be of two types. One is hedge the lossing pair with double lot or hedge the correlated pair in the oppposite direction and if you do it for long term investment purpose then it is the biggest threat to your account capital as it put all your account equity at risk if one of the position will be driven by risk.

Hedging don't work in long term position trading as you can see a pair in full flow take time to reverse and other correlated pair might reverse at pace leaving you to start showing fear & mistakes will start showing on your account equity. Same can be said about recent trends in Aussie & Loonie. These two pairs trend almost oppositely since decades but recent reversals in canadian dollar is way to sharp Australian dollar is in long term consolidation perhaps investors or banks taking a breather for big moves.

Loonie or candian dollar post a multi year high around 1.4750 area, and fallen to  the low of 1.1950 area, but Aussie has not recovered from the lows of 0.6500 area leaving hedge fund too start looking to move other currencies like Euro &  Yen or perhaps inject some cash in Bitcoins.

Ema Trading With example of current price Action of Usd/Jpy

Following the backtest of EMA price action as I mentioned in my previous post Recent pair to watch usd/Jpy.
Price is being strongly supported by EMA 72 and 20, & Price action occurs only when we see a break of yeaterday's high & that can happen at today US Market open.
PA will be strong break with outside pattern and retest of the broken area or EMA.
Check the chart.

Trading signals for 30/11/2017 & price Action Analysis of Major Forex pairs

Sell nzd/usd @0.6830 Stops around 0.6860
Target 0.6800
Price manage to break through yesterday low and test today low and rejecting off the EMA 72, On hourly timeframe.
Signal around 5:30GMT and valid till Gmt 8.00 AM Till EU market open. UPDATE ====>>》》Trade Closed for +7 Pips. ===================

Bitcoin Trade l Price Action analysis and signal for bitcoin

Bitcoin ha manage to recover from 9269 to 1.0290 at the time of writing. Buy Bitcoin @ 10350
Stop around 1.0150
Target 1.0550
Signal issue at 3:30 AM GMT(0:00) Bitcoin Target hit +200

Bitcoin Trading chart Analysis

Chart shows test of EMA and rejection and that also was previous swing. Price started to consume the sell orders and also keep checking the demand with the test of EMA. At the time of entering price pullback to check the strength of trend & post strong bullish candle and the test of orders at this candle was reason to find bulls again.

Forex trading with Ema and support & resistance l Forex trading strategies for beginners

 Hi Readers,

I have been testing a system based on price action support resistance to trade for Intraday scalping & result of previous couple of days are quite encouraging. I've practice on more than hundred of mechanical systems in my trading career of over 9 years but non of them is profitable except couple of them which I've shared with you earlier & I would like to share the antanomy of trading forex with EMA. h3 What is EMA & why support and resistance is important to filter trades.

First of all, I would like to tell you that EMA is the average price of past number of candles and its concept quite vague without the help of price action & support and resistance. Ema actually is used differently for different pairs as different pairs react differently on EMA settings for different period so you should always check back history with different EMA settings to see which settings should be used for a pair which is trending.

which EMA settings should you used & other important tools to confirm entry & exit.

While trading EMA one need to make sure to use technical indicators like trendline, candlesticks & accurately mark support and resistance on two time frames higher than time frame you are trading. Marking support and resistance is important to set stops and targets as without its use you cannot develop any profitable strategies no matter how accurate systems you developed.

Chart I posted above is gbp/usd chart, and EMAN settings I used for this chart is (72,20) SMA to close. This is a perfect example of how PA should hold when trend is picked up. There are arrow marked when EMA reject the low values and EMA is providng strong value and value shifts higher.  There was one break below EMA which was yesterday and immediately after that close we saw a strong outside bullish bar to reverse the prices higher again clean and high probability trade came when US market was about to take over London market.

When market test the EMA we already had breakout of a bullish flag & that time we were entering the most productive market session and target was daily high at 1.3438 & entry came at 1.3385 which was above the yesterday. If you move down to m5 chart you would see the outside bullish bar contained 13 pips, which breaks above a falling trendline and that was our entry point. You can easily set your stops below the swing low of that rejection or few pips below yesterday high and get good reward for your scalping trade & that is how price action with support and resistance should be traded with the help of EMA.

For Intraday scalping in Currency trading, one should always look to use pivots or good support and resistance or fibonacci tool or trendline if it is providing good support and resistance. Always look to trade logic with good risk reward. Although I don't consider this method a completely one dimension mechanical system but still aim for good rewarding trade increase the probabability & help in money management calculation.

I would keep updating the blog for next few days with some scalp on different pairs and would also update you if there is any other filter that can be used with this power combination of EMA price action support and resistance method.

Pound dollar intraday outlook & trading signals of gbpusd & usdjpy

Trading signal of pound dollar
Sell stop @ 1.3435 stops around 1.3465
Target 1.3372 & 1.3346
Target achieved + 45 Sell stop usd/jpy @111.52 stops at 111.85
Target around 111.25 Stop loss hit -27

Price Action Analysis for Euro for 29/11/2017.. 09:45 A.M (GMT+5:30

As,I mentioned in my previous update that euro is following a pattern rallies & pause and it is the best way to trade the trending and reversing markets.
My trade for euro today would be Short @ 1.1852 with stops around 1.1886
( Market protect this area whole day except in the last session)
Target first would be 1.1825
Target second would 1.1775

Price Action zones are the areas where we should look for entries l Forex trading strategies.

Its been quite a while since I talk about the trading education, busy with my new scalping experiments but still the prime motive is to let everybody aware to where to look price action. Price action zones are the best way where to look for reversals. I always look to trade reversals in forex as I always look to jump into the trend on pullbacks keeping in view monthly, weekly & daily supply and demand zones.

Below I have posted Australian dollar h4 chart which is trapped between zones and looking to take stops both sides of the market. When a pair is trapped between rallies drops and drops & rallies then we should always wait for the unfilled orders after market hit the next extreme.

Price is capped between two zones below the historic level 0.7730 which holds the price down for two years. When price look to stay time below or above a level the reaction to these levels are imminent as first attempt to this level bulls rallies to 0.7900 area, but there was lot to come when you shift to monthly level which clearly shows a false bull candle and I would now keep a watch on monthly trend line perhaps to the end of this month and see if price react again with the same approach on daily & hourly time frames.

Scalping opportunity for eur/jpy on28/11/2017 1:36 pm (GMT +5:30)

Buy eur/jpy @132.36
Stop around 132.02
Target 1st 132.65
Book first around the mentioned & trailed the rest
Trade valid till 4.00 PM (GMT +5:30)

Eur dollar technicals & signal for 28/11/2017 11:43 (GMT +5:30)

Euro signal for 28/11/2017

Buying euro @ 1.1902 for retest of 1.1935 with stops around 1.1870

Trade is valid till 2 hours after european open & if target is achieved within that period then we will close the trade immediately.

Expect a test of cap around 1.1935-40 area which hold till New York open & when it was breached with a false breakout price tumble & now I expect yesterday lows to hold the price for retest.

-10 pips. Trade closed. Price went up from lows to test 1.1930-40 area, but found sellers around 1.1920 area. Hence, trade end with a loss.

Eur/jpy is the pair to taget for sells @132.90

Pair Eur/jpy sell@132.90
Stop @133.20
Target first 132.00
Target second 131.50
Trade closed with +70 pips at 10:00 p.m. (GMT +5:30)

Eur/jpy is the pair to taget for sells @132.90

Pair Eur/jpy sell@132.90 Stop @133.20
Target first 132.00
Target second 131.50

Forex signal for Eur/usd 27/11/2017 03:00 AM UTC

Buy Euro@ 1.1915 stop @ 1.1890
Target 1.1940
Target hit 1.1940 + 25 pips.trade close @ 2P.M (+5:30 GMT)

Forex trading signals for 27/11/2017 +2:30 GMT

Price Action signals for 27th november.
Sell usd/cad @1.2722
stop 1.2738
target 1.2692

Target hit trade close at +30 pips 2P.M (+5:30 GMT)
wait for this cap to hold the price above 1.2680 Note :-- Price capped around this area bullish move from 1.2715 can extend for stop hunting but will be limited to 1.2730 and that is protective stops are around 1.2735 Target 1.2690 is set to the origin of up move and first engulf of price action zone.

Euro usd might face rejection near 1.2036 Banks & institutions capped rallies & drops

limited time offer !! Open an account with Cmstrader.com with this link & fund your account with $250 & get free three month signals from Elitesignal.com

I would like to see more Price action to unfold if we see a test of 1.2040 as failure. Price really capped between two zones 1.1650 to 1.2040 & if get entries both ways then I would surely look to post an update.

Price action zones and swings are very clear

Forex patterns & principles to profit from Market

Patterns To Profits Webinar where the attendees heard how Coach’s Corner partner, Darko Ali, completely transformed his trading since becoming a pure pattern trader. He is now enjoying unprecedented success, and he showed a few examples of the kinds of trades that we look for. Forexmentor Coach's Corner 6 Months (Online)

Understand the Forex market profile & its structure

Trading is not a science as there are people above everyone controlling the market. Banks & institutions share and hint signals where they are manipulating. Session start with manipulation and end witg short term trend and next session look for entries which can fall back to previous session lows or continuation if it is tested the previous highs or lows.

For me, As a scalper m5 chart is as important as trading monthly chart. Trading in the zone tells the story that you need to be good enough to match synchronzation in between time frames. Monthly rejections or trend can set limits for weeks and even months but as there are mostly consolidation after big moves you need to fine tune lower time frames for better understanding.

Same can be said for hourly and m5 time frames and if you know where institutions and banks put their limit orders on then probably you don't need any other hint to trade in the zone.

One best thing you can do is to stay versatile and don't ever look to trade same pairs over a period of time as banks and institutions target different pairs everyday. If there is a strong  sell-off seen in yen today, then probably they can target franc or canadian dollar as they don't ever put easy money on table.

As of 21st November, I've witness strong selling of franc after japanese yen buying seen on friday & Draghi drama on Monday, Markets have taken a breather and look to continue with different choice and manipulation can be seen in franc crosses specially in Gbp/chf.

If you understand the market profile & behavior and struggle with direction bias in Forex trading, then I would recommend you to leave the chart reading for few days & start looking to prepare notes on different market behaviours on different crosses.

Starting from Asian session to London close   note down activity for couple of weeks on which pairs follow the trend that started on Asian and how many times you see market continue the trend on the following day

Leave you with the thoughts of.buying gbp/chf around 1.3140 and carry the trade till close and if you missed it somehow, then wait for new york trappers to try and reverse it at yesterday's high and buy the patterns after rejections or look for counter trade on other franc crosses.

Risk management and quality of trades depends on how you time your trade

Trading is not only about entries  as it depends on how you manage your risk. There are several entries are always on offer but do we need to take or consider all of them even as to practice or check trades ?

Understanding price action is way beyond making consistent profit. You can analyze multi pairs at a time to make best use of the entries on offer but we must think of the risk we are taking on so called cherry trades. There is no doubt that big players, banks and institutions manipulate traders as they can push the price in any direction but as a retail trader we must accept the fact that our trading activity should be limited considering the fact play a waiting game.

-As far as my trading is concerned, I usually don't trade too often as I don't have to but if there is a reward of 15-20 times of the risk and reaction don't let me wait for weeks for choppiness then I always put the foot on the paddle. Higher time frames does help but if even they are looking direction then I don't bother to look at daily activity.

-Forex trading is somewhat different in a way that it can move in a week from downtrend to uptrend but as we know market trends 30% of the time and we have to take decision that when we enter market trends should resume or keep moving the way it was earlier.

Daily time frame is good area to watch as I told.in my previous post. Price action does require fuel to trend and there are some late entries when targets are reached and happens stop hunting before  another big players resume the trend and this type of activity is usually done within a month.

What is Price Action ? Multiple time frames Top Down Analysis

 Its has been quite a dialema that what price action. Is it a self-emphasis trader's curse. Trading price action is something like analyzing top to middle level management and then the quality of the product itself telling the story.

Understanding top down analysis from reaction on timeframes 

Top to down analyzation is meant by looking at monthly chart to see who is in control and looking to weekly determines the strength of the recent moves and daily is very good for entry level and nothing below that I have ever traded nor recommended.

Daily time frames downtrend or uptrend is most of the times is temporary as 22 daily candles consists of one monthly candle and imagine a powerful uptrend or downtrend on daily finish as a dozi candle on monthly.

We make things complicated by day trading isn't we ? I hereby will help you understand the top to down trading analysis filtering the quality of trades that we must take.

As you see in the chart above,weekly trend is up. Several higher highs followed by fail to make a new low. Rejection at trendline tells us that price will probably look to pick up strength soon atleast on lower time frames.But still there has to be a reason to catch the reaction with entry which offers good reward. I still expect price to make a new high soon above 1.7600.

Lets look on lower time frame

Price reacted at support which is also the source of previous down move and it was also completely ignored in the upmove as we can expect weekly and monthly moves just use to ignore lower time frames orders and trading higher time frames use to wipe those whispaws from your trading. Take a look at the chart.

Decision & Price Action zones Understanding Institutional oder flow

Understanding price action zones to trade forex market is the most important thing. Price has to breach zones for pa to react as I mentioned in my last chart where I clearly stated that price can hold this area for further advance.

U.S employment data & price action opportunity with canadian dollar

We are approaching for october us employment data & perhaps the one to focus before next fed meet to raise the expectations of next fed rate hike. But I really don't put my focus on fundamentals as its always the charts which draw my attention. Recent choppiness has not provide any clear price action opportunity as price has been paused after big moves looking for market to respond and we can witness strong volatility when data will be released.

Price Action is looking reaction in Usd/cad cross.

I always look for recent trend strengths and see if there is cautious recovery is on proceed to look for opportunity to trade with the trend.  I have explore few charts ahead of the NFP reports and found usd/cad lovers looking for breach of important support of 1.2300 & then you can short on return it but it entirely depends on Pa how it approach the support but a classic trade opportunity is waiting to be traded.