Price Action Trading
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High Risk Investment Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss
07/08/2017
Price Action Trading We are developing your trading. We provide signal &that's description. Every week we provide predict
06/08/2017
Getting started with price action(part-3)
Selecting markets to trade
The Price Action strategy will work best with all of the popular liquid markets. High liquidity markets have a larger amount of participants actively trading to a produce a large, consistent volume of cash flow. This high trading activity produces smoother price movements, better trending conditions and less whipsaws.
An example of a high liquid currency pair is the EURUSD, which is the most actively traded currency pair in the Forex market. All of the major currencies, like USD, EUR, GBP, JPY, CHF and AUD, represent the high liquid markets and work well with this system.
Some of the commodity markets do have high liquidity and are suitable for use with this price action system. Markets like GOLD (XAU/USD), SILVER (XAG/USD) and even CRUDE OIL can be traded.
To begin with, there is no need to go overboard and throw every single market that you can find onto your watch list. That is going to be overwhelming if you’re new to the game. It’s best to start off with just a few highly liquid markets and slowly expand as you gain more confidence.
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See AUDCHF & NZDCHF Weekly chart for long term sell setup
27/04/2017
USDCAD long term analysis according to elliott wave.
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