That's not exactly true, because when people get into it for all the wrong reasons, they inevitably fail. And once they fail, it doesn't take too long for them to quit and call it a gamble. It's all about built-up expectations vs the cold hard ...

Price action trading - Trade like the pros!

I've seen so many people get lured into this world, myself included once, thinking “lol, it's easy, just gotta make 10 pips/month with tons of leverage and #BRBGOINGTOTHEMOON”. And that's because there's so much info out there, it's overwhelming ...

Price action trading - Trade like the pros!

I disagree. It's really no shame that I let this thread die out. While creating all the material, I realized I wasn't doing anybody any favors. Seeing all the messages I kept receiving in my inbox made me kind of sad that real people, with real ...

Price action trading - Trade like the pros!

Yes, except you're looking at a 5m chart. And if you zoomed out, you'd see that this entire construction is part of a consolidation. But generally speakng, whenever range tightens we can soon expect an expansion.

Price action trading - Trade like the pros!

No doubt, credit has been given plenty of times

Price action trading - Trade like the pros!

Dollar looking like it wants to go higher from the 88.90 level. Macrotrend is still bearish, but intraday/short term TFs pointing to a shift in market structure.

Price action trading - Trade like the pros!

The dollar.

Price action trading - Trade like the pros!

This is what consolidation looks like, what follows after consolidation? Accumulation and expansion. And as we speak, price is tightening around the middle of the range.

Price action trading - Trade like the pros!

The way I use USDx, and there will be more on that later on in the year, is I compare key levels and S&D zones. Basically, if there is one on EURUSD but nothing on USDx, I doubt it will be that respected. So even though USDx managed to strengthen ...

Price action trading - Trade like the pros!

I posted a fiber chart on my twitter yesterday, saying that if the daily supply managed to hold and turn price, we may be seeing further bearishness. However, price only came back slightly above yesterday's open, and essentially, fiber closed ...

Price action trading - Trade like the pros!

THIS IS NOT TRADING ADVICE. IT IS MEANT AS AN EDUCATIONAL VIDEO. FOLLOW AT YOUR OWN RISK. THERE IS RISK IN FOREX. A live analysis video, implementing the 4 pillars of TA url

Price action trading - Trade like the pros!

Yeah it's live now

Price action trading - Trade like the pros!

You should rather put those 200$ in an online casino, at least you'll have fun

Price action trading - Trade like the pros!

03.01.2018trade open from 10:00open url I didn't realize they were on holiday til the 3rd lol.

Price action trading - Trade like the pros!

Well you have to take into account the fact that different brokers may have different work days during holidays like what we had last week. Some may be open on the first of january, others won't. The one that I use to trade shows gaps, whereas fx ...

Price action trading - Trade like the pros!

url activating Twitter as well, large community of PA traders out there, should be fun. Follow if you want. I'll post trades and analysis there, so this thread stays educational.

Price action trading - Trade like the pros!

image

Price action trading - Trade like the pros!

Will do. I've decided I'd explain stuff that require posting too many screenshots and writing too much text in videos. So we'll talk about accumulation & expansion soon.

Price action trading - Trade like the pros!

Dude, seriously?!

Price action trading - Trade like the pros!

Simplest way to put it; Consolidation is price settling down after trending, accumulation is market movers slowly building their positions to run price further.

Price action trading - Trade like the pros!