I hereby make this post to let everybody know How price use to trap traders with Spikes that fadeout and When ever price in strong trends fade away It use to get Rejected by Market and Lower prices are not accepted in any case. Price Concept is all about "Advertising Mechanism", And When we really want to trade good throughout then we must understand the simple logic and If spike got fade out quickly, we should immediately leave the market and think of better price if there is any pullback offered after spike. The chart I posted here of Usd/chf in which we have seen that price in very strong trend recently on H4 and Daily chart and On H1 chart which I think is the best way for swing as well as Intraday Traders to set the lowest stops possible, got rejected so many times from the low and When you watch the price closely then You will see that at every low Price founds strong buyers and at this time I will look to see the follow-through and would like to see price try to fade out the Price Action again and Traders got trapped by this behavior and try cover and We will see price got some new buyers and test the new high or even make a new high.
Blog is about Forex Trading for beginners. . Build forex trading strategies and make a living with Forex Trading.supply and demand price action, supply and demand zones, Price Action Techniques & learn to trade like banks and institutions
Showing posts with label Advertising Mechanism. Show all posts
Showing posts with label Advertising Mechanism. Show all posts
Friday, November 21, 2014
Subscribe to:
Posts (Atom)
Popular Posts
-
How candlesticks patterns trap traders Trader relaize Length of Candles were not big enough Why I always think that candlestic...
-
Reading price action, it's important for us to estimate - is this action a result of institutional activity or result of any oth...
-
Intraday trading with Candlesticks I was busy during the weak but I saw an opportunity to explain the Role of simple "Can...
-
Why all Price Action strategies Fail As it is cleared from the title, I am hereby want to clear few points and question of concern ...
-
Passive Sellers Behaviors In trading Hi traders, I did not post much through out the month and the reason behind is there is no to...
-
Hi Traders, Its quite a while since I have updated the blog on such matters like when we should feel confident that we are able to rely o...
-
How to trade Currencies like Banks and Institutions Hi, First of all I would like to request all of my blog readers that stop spam...
-
Brief update of the chart Gbp/jpy. I watched the chart carefully and reaction as well, I am bit busy today so did not update the L...
-
It has been quite a long break trading but as I said that I have sharpen my trading as such that I can rely just on perfect setups to build ...
-
Euro dollar Rallies After Strong NFP data Hi, Traders Is has been busy week since have post few trade setups and those which wer...