TradingForexPriceAction

03:44

TradingForexPriceAction

Hey Guys! The Usd/cad's weekly bias was short. Or in other words, price was likely to reach 1.2400 before reaching 1.3075. However, there was lower confirmation last week that changed the weekly bias into long. In other words, price was now likely to reach 1.3075 before reaching 1.2400. So I was waiting for lower confirmation of yet again strong short strength...

05:10

TradingForexPriceAction

Hey Guys! The Usd/cad's weekly bias is currently short. Or in other words, price is likely to reach 1.2400 before reaching 1.3075. In this post I explain what I'm looking for in order to enter this short set up. As well as what I'm looking for in order to confirm this weekly short bias. That's it! I'll keep you guys updated! Ken Disclaimer: This is not...

TradingForexPriceAction

When trading price action, it's crucial that you understand the story of the currency pair you are trading.For what current price is doing is only valuable in the overall context of what a currency pair has been doing.Just like reading a book or watching a movie, watching it from the half-way point won't allow you to understand what's happening; for current...

03:58

TradingForexPriceAction

Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 The long entry I was mentioning last week was triggered, however I need a pullback to the 136.00 levels for a long entry due to overall risk managment. In this post, I explain how I will be trading this set up, as well as how I will be...

04:48

TradingForexPriceAction

Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 In this post I explain the possible entry long setup that can form and how I plan to trade it. Moreover, I explain how I will be managing this long trade if entered. That's it! I'll keep you guys updated! Ken Disclaimer: This is not...

TradingForexPriceAction

Hey Guys! Do you find your self increasing and decreasing the lot sizes you trade depending on your trade set up? Or perhaps even doubling down after a previous losing trade? I know I use to! For a number of reasons! The most common being "making up for previous losses". Now I don't completely disagree with different position sizes depending on the trade set up....

05:03

TradingForexPriceAction

Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 In this post, I explain the reasoning behind this long set up as well as how I plan to trade it. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.

07:07

TradingForexPriceAction

Hey Guys! My long entry I took last week at 0.6804 with a stop loss at 0.6724 and its main target at 0.7034 was just stopped out. In this video, I explain the reasoning for the long entry, moreover, what happened that lead to its failure and what I learned from this loss. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.

06:10

TradingForexPriceAction

Hey Guys! The Nzdusd's daily bias became long yesterday, or in other words, price is likely to reach 0.7034 before reaching 0.6724. So I took a long entry a couple of hours ago at 0.6804 with its stop loss at 0.6724 and its main target at 0.7034. In this video, I explain the reasoning for the short trade abort yesterday, and moreover why I entered long today...

03:12

TradingForexPriceAction

Hey Guys! The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034. So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724. However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877. In this video, I...

04:57

TradingForexPriceAction

Hey Guys! The current daily bias is short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034. So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724. In this video, I explain the reasoning behind the daily bias and some key points I'm looking at for trade management. That's it! I'll keep...

04:03

TradingForexPriceAction

Hey Guys! The GBP/USD Daily Bias was short. Or in other words, price was likely to reach 1.3049 before reaching 1.3298. However, that main target was reached yesterday, so the daily bias is back to neutral. In this video I explain how I confirmed this daily short bias on the 4 hour chart and moreover, what happened on the lower time frames that prevented the...

TradingForexPriceAction

Hey Guys! When a trader takes a loss, it can be quite hard. It can strip you of your motivation to trade. Or perhaps even sway your quality of life. But that doesn't have to be the case. Do you ever wonder why experienced traders don't have a fit after a loss, whilst beginner traders can go into a chatic godzilla-like tantrum? No, it's not because they're...

03:34

TradingForexPriceAction

Hey Guys! The current GBP/USD Daily Bias is short. Or in other words, price is likely to reach 1.3049 before reaching 1.3298. So I'm currently waiting for a pullback so I can take a short entry. In this video I explain the reasoning behind this setup as well as the stop loss and target levels I will be using. Moreover, what I will be looking for in terms of...

06:05

TradingForexPriceAction

Hey Guys! As you guys know, the assumed weekly bias was short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.) However, due to long confirmation forming on the 1h chart for the last 2 weeks, I did not take any further short entries. That said, I did take a loss of -$1800...

05:55

TradingForexPriceAction

Hey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is still short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.) In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I...

07:43

TradingForexPriceAction

Hey Guys! As you guys know, for the past 2 weeks I've been taking multiple trades on the Nzd/usd, both short and long. First I was taking short trades with the daily short bias, then long trades along with the bias change into long on the daily chart. In this video, I explain how I knew the daily bias has changed into long thus aborted my initial short entry...

TradingForexPriceAction

Hey Guys! As traders, we always want the sense of being one step ahead of the market. In other words, what's happening with current price should not be of consequence to your trading. It's just another bit of information that's added into your analysis of what will happen next. Now the polar opposite of this situation is chasing the market. Where a trader is...