Ok so I’m going to lace AGAIN with by far IMO is the best Forex price action tips
Now there will be a part 2 as this Godly tip required knowing how to use this double bladed sword as both complement each other.
So let’s discuss how powerful it is to be able to gaze price action on a higher timeframe while visually looking at your trading timeframe..
I will start with an ex as this method had saved me many times from entering a false move in the market... so back a few months ago when gold was within a “wedge” pattern. And when the swing up to the exit started to develop as all averages etc was caught up with price and 99% of traders was ready brought the breakout. And it went up made a double top and crashed. Yal remember that I’m sure yal do Now I was trading and using the daily timeframe watching price throughout that week as the candle formed.. as price was making higher highs etc the trend seems good but using higher time frames analysis I was able to mentally group the daily candles together and noticed that they were making doji as of I was looking at the weekly chart so there was two legged doji within the midline of the trend. Now we shouldn’t be seeing this in a strong trend especially not in the middle waves as here is awe should see strength. Thus I was able to exit the trade and prepare for a fake breakout. This price action mastery has saved and help me make great trading decisions more than anything else single handed by itself
Now the other part to this is a firm understand of forex candles formations and I’m not talking about the names as hammers star and the rules for it. I’m talking about FOREX rules for them . Ex in an uptrend if we see a inverted hammers etc or doji we are taught this means weakness. Right? Well in FOREX it’s not true as they are targets for price as they show liquidity. So that candle with the extended wic piecing it’s body that your ready to sell. I’m ready to buy as the market will take it out and continue pushing. . So this is a whole complex topic as you can see. But being able to group candles and gaze how they will express on a time frame higher than you along with how the market respects them can warn you about enter a losing trend before it even fails fam! . I can’t even recall how many trends this method saved n me in the right side of the market, gave me the opportunity to watch and learn from the price action structure for future reference and to be able to see the pain points of theses who failed in the move and enter when they do.
So I want your to learn and master this. Practice and practice it be able to group up to two times frames higher than you’re main to understand what the big boy is saying..
Tip
Ex For the 15min
4 candles. Mentally take the largest bullish and bearish candles not the wick the real body and stack them next to each other and do the same for the smaller ones and subtract the sizes.
And often you’ll get long wick candles and as I said the market targets those so you’ll know not to buy this move off your trendline or whatever or the retest of your zone even supply and demand zones get stomp and even today I didn’t buy a pullback in a strong trend with high volume cus id calculated the price action a timeframe higher and I let the price drop deeper and then I brought. Save me again and it will save you..
Once again. Yours truly giving you the what you’ll won’t find and more importantly answering and giving you the WHY.
HOW TO TRADE LIKE THEM-
Now there will be a part 2 as this Godly tip required knowing how to use this double bladed sword as both complement each other.
So let’s discuss how powerful it is to be able to gaze price action on a higher timeframe while visually looking at your trading timeframe..
I will start with an ex as this method had saved me many times from entering a false move in the market... so back a few months ago when gold was within a “wedge” pattern. And when the swing up to the exit started to develop as all averages etc was caught up with price and 99% of traders was ready brought the breakout. And it went up made a double top and crashed. Yal remember that I’m sure yal do Now I was trading and using the daily timeframe watching price throughout that week as the candle formed.. as price was making higher highs etc the trend seems good but using higher time frames analysis I was able to mentally group the daily candles together and noticed that they were making doji as of I was looking at the weekly chart so there was two legged doji within the midline of the trend. Now we shouldn’t be seeing this in a strong trend especially not in the middle waves as here is awe should see strength. Thus I was able to exit the trade and prepare for a fake breakout. This price action mastery has saved and help me make great trading decisions more than anything else single handed by itself
Now the other part to this is a firm understand of forex candles formations and I’m not talking about the names as hammers star and the rules for it. I’m talking about FOREX rules for them . Ex in an uptrend if we see a inverted hammers etc or doji we are taught this means weakness. Right? Well in FOREX it’s not true as they are targets for price as they show liquidity. So that candle with the extended wic piecing it’s body that your ready to sell. I’m ready to buy as the market will take it out and continue pushing. . So this is a whole complex topic as you can see. But being able to group candles and gaze how they will express on a time frame higher than you along with how the market respects them can warn you about enter a losing trend before it even fails fam! . I can’t even recall how many trends this method saved n me in the right side of the market, gave me the opportunity to watch and learn from the price action structure for future reference and to be able to see the pain points of theses who failed in the move and enter when they do.
So I want your to learn and master this. Practice and practice it be able to group up to two times frames higher than you’re main to understand what the big boy is saying..
Tip
Ex For the 15min
4 candles. Mentally take the largest bullish and bearish candles not the wick the real body and stack them next to each other and do the same for the smaller ones and subtract the sizes.
And often you’ll get long wick candles and as I said the market targets those so you’ll know not to buy this move off your trendline or whatever or the retest of your zone even supply and demand zones get stomp and even today I didn’t buy a pullback in a strong trend with high volume cus id calculated the price action a timeframe higher and I let the price drop deeper and then I brought. Save me again and it will save you..
Once again. Yours truly giving you the what you’ll won’t find and more importantly answering and giving you the WHY.
HOW TO TRADE LIKE THEM-
