Free Price Action trading webinars –sign up here or drop me a mail at paul @ exacttrading.com for more information about my training packages and trading advice courses and webinars
Becoming an expert Price Action Forex trader takes some skill and a lot of understanding on the Forex markets. Fortunately the necessary expertise can be acquired by the study of chart patterns and daily trading activity on any of the major currency pairs.
As I live in Europe and the time zone works for me, I like many thousands of other traders follow the EURO/USD every day and I create two daily videos for my clients outlining where I see the trading opportunities each day.
Understanding Price Action comes from watching and reviewing past price action over many time zones. Only by knowing what has happened in the past in certain situations can we hope to be right about future price points and objectives.
My own personal experience, has taught me that stabbing in the dark, at a price target months in the future and thousands of pips away, is more than likely to end in tears, of course occasionally just like a broken clock that is right twice a day you will hit the jackpot but in between time are likely to face problematic trading conditions.
The attached video sis just one of hundreds of videos from exacttrading.com which you will find on You Tube. These are education Forex price action trading informational videos and describe how you can scalp the forex markets as well as trend trade them. As a reversal trader my ultimate objective is to join the trend as the market reverses right at the end of the previous trend thereby maximizing my chance of success.
Please come past to my site or drop me a mail at paul @ exacttrading.com for more information about my training packages and trading advice courses and webinars