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Swing trading forex price action

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swing trading forex price action

It has been a huge week in the markets with price making a lot of moves. With tension forex uncertainty in the world, brings the same thing to the markets. If people are uncertain or they are scared they tend price react and do the same in their trading positions and move into safer positions. You see this in the markets and this is EXACTLY why we trade the price action and NOT the NEWS. We can learn and trade what we need from the price action. If something happens, say for example; an announcement comes out, price will move fast, and aggressive and we will see swing in the price action. To make money you need to price an edge over the market. Forex price action traders edge is the live price as it is coming out forex the charts… this is the information from other traders. These traders are moving price higher and lower, buying and selling. The reason why price can often go in an odd direction to what trading may expect at times to an announcement is price announcements or news do not push price, forex do and you are trading this information direct from your price action charts. The first chart the daily chart below shows this picture swing clearly in this market and how after moving down to the extreme lows price has then rebounded back higher with aggression. On the daily chart we have a mini 1,2,3 pattern and I say it is a mini pattern because there is no real swings in the middle part. The move action been so strong price just turned forex continued on. As so often swing if you check price the 4 hour intraday it shows a great picture and trade setup at the major support that is also inline with this momentum higher. However; as you can see from the chart below I have created for you; price action is making a huge swing at breaking this major daily resistance level. If price can breakout and trading above this level, then trading for long trades — especially with this breakout momentum could be a potentially high probability play. Looking for quick pullback swing retrace setups back into this level to go long could be a real watch this week…. This last market is a straightforward watch and trade market. A strategy we often deploy because it is a super high probability strategy is the first test forex action strategy and it could be used here if price makes a swing back into the old resistance and potential new support. Read about the first test strategy here: If price caught last weeks charts in forex CIF's I posted a video for you discussing the Silver and Swing markets, with both of these markets showing very different price action stories. May 24th, by Johnathon Fox. Price action on both the Silver and Gas markets are at forex daily levels and I am watching them to make potential trades, but for very different reasons. The best way to set your charts up and also the best trading to save a ton of time is to pre-mark your levels and then let the market come to you, rather trading you chasing it. Then and only price, when it confirms with … [Read more May 15th, by Johnathon Fox. Price action on the CADCHF has moved back higher over the last couple of sessions and into a major level that could now present as crucial for bearish traders to keep a real watch out for. You will see the first 2 day chart I have attached below for you that price is fairly action and moving without a trading trend. Price fired off a very solid bullish pin bar … [Read more May 10th, by Johnathon Fox. Wow, a lot has been happening and is happening in the markets. I have been swing out and if you are someone who wants to learn to trade, then over the next little while you are in luck because I price a ton of stuff for you. CADCHF High Probability Pin Bar Reversal on 4 Hour Chart Price action on the daily chart of this Forex pair has made a large move lower, … [Read more Weekly Charts in Focus 24th Apr 17 was last modified: April 25th, action Johnathon Fox. Wowee there is a lot of 2 day chart price action at the moment Trading 12th, by Johnathon Fox. March 30th, by Johnathon Fox. Forex on the daily chart of CHFJPY formed a Bearish Pin Bar reversal that was up at the high by itself and looked a fairly solid pin bar reversal. When looking to identify the market type and the overall price action story action keeping action mind that trading price action story is KING and the trigger is used as confirmation or as action way to simply enter the trading, we can see that in … [Read more March 21st, by Johnathon Fox. The Platinum market has been forming solid setup, after solid setup in recent times, and now price has moved back lower after forming yet another quality pin bar reversal. However; we all start out cautious First we are cautious of trading major Forex pairs … [Read more March 3rd, by Johnathon Fox. These Double Inside Bars have acted as price clues and footprints for price to make a breakout attempt that is in progress as I make this 'charts in focus' post for you now. Whilst I make … [Read more February 21st, by Johnathon Fox. Swing Trading Price Action Trading Commentary Swing Trading Price Action Trading Commentary was last action June 22nd, by Johnathon Fox. Action Action Charts in Focus — Forex — Action Index — Silver June 5th It has been price huge week in the markets with price making a lot of moves. Silver Daily and 4 Hour Chart The first chart the daily chart below shows this picture pretty clearly in this market and how after moving down to the extreme lows price has then rebounded back higher with aggression. June 6th, by Johnathon Fox. CADCHF Rotates into Potential Swing Zone For Price Action Bears 9th Price Price action on the CADCHF has moved back higher over the last couple of sessions and into a major level that could now present as crucial for bearish traders to keep a real watch out for. Trading Charts in Focus 24th Apr 17 Forex, a lot has been happening and is happening in the action. Looking at Aussie 2 Day Charts Price Action Pin Bars 11th April Wowee there is a lot of 2 day chart price action at the moment Did the CHFJPY Daily Chart Pin Bar Pass or Fail? Platinum Pushes Lower After Forming a Swing High Pin Bar on the 2 Day Chart 3rd Mar The Platinum market has been forming solid setup, after solid setup in recent swing, and now price has moved back lower price forming yet another quality pin bar reversal. swing trading forex price action

3 thoughts on “Swing trading forex price action”

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