Wave-Trader

What is Price Action According to different Theories

FX:EURUSD   Euro Fx/U.S. Dollar
2838 30 82
What is price action according to couple of different theories and possible entry point for trade.

If any one do not understand please comment on the chart i will try my best to help.
Comment: The purpose of this educational post was to identify the reversal point for new traders although it is very minor thing for experienced traders but many of young traders don know about it. Hope it will help many young traders
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snapshot
Comment:
snapshot
this is how recognition of patterns work. i hope it will work for new trades
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Great work
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thank you very much for you feedback mate.
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Didn't understand point no 4.
Other than that, good work.
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The candlestick and price bar are important tools for analyzing price action, since they help traders visualize of price movement. Candlestick patterns such as the Harami, engulfing pattern and cross are all examples of visually interpreted price action.

Read more: Price Action Definition | Investopedia http://www.investopedia.com/terms/p/price-action.asp#ixzz4BwIfy8sj
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Hi
Yeah ! Great job very helpful.
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thank you very much for your support
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So base on wave analysis, there will be another bearish impulse, Is it what you mean in point 2? In that case, it is the wave C.
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yup there will be ABC wave or 1 2 and start of 3rd wave mate
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arshadd Wave-Trader
awesome
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thanks
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arshadd Wave-Trader
mention not bro
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arshadd Wave-Trader
brother , wave analysis work on 30min n 15 min time frame as well ??
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yes it works but there will be more noise mate you may confuse yourself on that time frame
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arshadd Wave-Trader
ok it means that if one can be master of trade on this time frame, one can trade fast superior on the longer time frames,,, isn't it? I have
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why most trades fail mate. this is one of the reason mate because they dont know on which time frame they should trade. Lower the time frame higher the risk to be stopped out and lower the profit ratio as well.
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arshadd Wave-Trader
thanks
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you are most welcome mate and thanks for your support
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Awesome chart and explanation!. Thanks.
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Wave-Trader TOP ice_holly01
thanks
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Great dude! thanks for sharing
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Wave-Trader TOP oky_capriatto
you are most most welcome
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Very good!
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Wave-Trader TOP fxxxxtrader
thanks
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Nice read. There are even more "theories" as well. What about moon alignments? haha I am just joking.
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LOL
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where's the target ?
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this is educational post my friend
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Boumrah Wave-Trader
think you
but i'm in short,just need a target :)
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Boumrah Wave-Trader
it's difficult to me to find a target,when i enter the trade.
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good
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