Wishing you luck, it can work in a short-term frame.

Price action trading - Trade like the pros!

Follow-up to our WMA from earlier video Note: I will be focusing on EU primarily

Price action trading - Trade like the pros!

Thats' right, we had it marked out

Price action trading - Trade like the pros!

So apparently there's a shift in fundamentals, and now a Hillary victory would mean a rally for the EU... This is why I don't like anticipating market reaction prior to huge news like that Completely flat, no trades so far this week.

Price action trading - Trade like the pros!

I check it once a month or so, just to see where we're at. I keep an eye on Open Interest as well. Using the charts over at Barchart.com

Price action trading - Trade like the pros!

It's on the first post, pipsometer one

Price action trading - Trade like the pros!

Yep, gaps that do not form under the pressure of a major news event fill as opposed to such like this one.

Price action trading - Trade like the pros!

Good morning everyone. Markets are volatile today, because they are pricing in elections. Hope everyone is doing fine

Price action trading - Trade like the pros!

First off, let me thank you for the kind words. Hopefully it will be of some help. Second, REALLY like your color scheme It's very clean and neat. Now, regarding your read of the market. The S/R areas are drawn nicely, I like that you used ...

Price action trading - Trade like the pros!

This is how it may unfold. Keep in mind Hillary victory = bullish for the dollar, Trump = bearish for the dollar. I've a feeling we'll see a woman president and betting on stronger dollar Of course it may as well straight up rally from ...

Price action trading - Trade like the pros!

You're welcome man, I'll try to come up with one every now and then

Price action trading - Trade like the pros!

Watch all these gaps get filled overnight It's statistics, 70% of the time gaps will fill. Of course that leaves us with a 30% chance they don't fill Nonetheless, it's a pretty good strategy that some people use.

Price action trading - Trade like the pros!

url WMA as promised, doing it today as I will be out all day tomorrow. Feedback & criticism is of course not only welcome, but encouraged! Disclaimer: this is not to be considered trading advice. Everything said may not hold true on ...

Price action trading - Trade like the pros!

No trade was entered based on this expectation. I traded the higher probability setups on USDCAD and USDCHF as shown in my post Don't forget that this was a NFP prognosis, and like I've stated in the past, NFPs, Feds and ECBs are dangerous ...

Price action trading - Trade like the pros!

The common denominator between successful traders is having a plan, and trading the plan. Using triggers on its own can't be profitable in the long run as much as you try it. The reason being that a moving average cross, matrix signal, or any other ...

Price action trading - Trade like the pros!

It's okay to not believe, it's actually pretty hard. I'm nowhere near as skilled as traders like ICT or other of his more advanced followers in terms of predictive analysis. Have a look at the EU video I posted earlier, you'll get a basic idea of ...

Price action trading - Trade like the pros!

No. They're all components of being a good trader. You see, for me the pillars of proper trading are: Sound analysis, having a bias (expectation of where any market is going), timing /having the patience not to jump straight in, but wait for a good ...

Price action trading - Trade like the pros!

None taken, but no offense to you, if you couldn't predict anything in financial markets, how do you expect to make money in them? Don't kick it 'til you've tried it. Prediction implies "controlled" and measured risk. Otherwise you may as well ...

Price action trading - Trade like the pros!

Stopped.

Price action trading - Trade like the pros!

Was expecting a bigger dip on EU, as it needs more fuel to go above 1.1120

Price action trading - Trade like the pros!