Trend Lines ... cont — The one exception to the rule is when price is swinging in large smooth swings yet still making gains in a particular direction. These TL's should also not be very steep and remain a single TL to remind you it is a ...

EFX Pure Price Action Trading

Trend Lines — Drawing Trend Lines is actually something I should have covered before the 1st trade example but I will cover some basic TL drawing concepts I have before I move on. The next trade is the TL bounce so it is very important that ...

EFX Pure Price Action Trading

Moving on... — I think I have been thorough enough in explaining that first trade and since there seem to be no questions yet I will answer them later if/as they come in. REMEMBER: the core trade explained I have traded right down to the M2 ...

EFX Pure Price Action Trading

Reacting to Price — Hi Eddie, First thing to understand is that I never expect anything, it is all about reacting to what you see and never getting your head set on something you could not possibly predict. In the picture on post #9 I simply ...

EFX Pure Price Action Trading

Re: ElectroFX Pure Price Action Trading — I will wait at this point for interest in me going on or questions on what I have covered so far.

EFX Pure Price Action Trading

Entry Triggers - Candlesticks — When it comes to candlesticks, the higher the timeframe the more powerful they become as a standalone tool. This is why they end up becoming part of my entry trigger. Since they are already a signal of their ...

EFX Pure Price Action Trading

Re: An Example Trade — Now that you are in the trade and you have an intelligent SL and TP, plus before you entered you made sure the RR was also intelligent. How do you manage this trade also using just Price Action to make your decisions? In ...

EFX Pure Price Action Trading

Re: An Example Trade — OK, so hopefully everyone is up to speed so far but I still want to break this first example down further because it is important that you understand every aspect of what you are doing. I am sorry this is a slow process ...

EFX Pure Price Action Trading

Re: An Example Trade — So lets use the last image I posted just above and make sure everyone understands everything I explained about that particular trade.. even right down to the reasons behind me drawing that TL where I did. So please ask ...

EFX Pure Price Action Trading

PinBars — I wish it could have been in the trading systems also, that is where I originally put it but they moved me here PinBars are just one of several patterns that indicate Indecision for me, I am looking for that Indecision at the ...

EFX Pure Price Action Trading

An Example Trade — So in this Image we have what I called the Core Trade. Price broke through an Established TL The PA created a Lower Low, then in order to judge our Lower High entry with reasonable SL, (and not have to use the previous High ...

EFX Pure Price Action Trading

Swing Trade Example — Using that same image above here is a clear cut swing trade that set up based on my rules.. which as you will see soon enough are very black and white.

EFX Pure Price Action Trading

2 types of trading — I will be teaching you all about using Price Action for: Swing Trading & Breakout Trading The main focus is swing trading but various breakout techniques can be used to add to your position as it goes further in to profit.

EFX Pure Price Action Trading

Quick look at one of my charts — Just so you can understand how my charts look

EFX Pure Price Action Trading

Price action is the best 'system' that never changes — Price action is all one needs really. To gauge price action you need to correctly place trend lines. Then, correctly drawn support and resistance lines help define targets. Other than that ...

Systems and "current market conditions"

PA rules — Price action is all one needs really. To gauge price action you need to correctly place trend lines. Then, correctly drawn support and resistance lines help define targets. Other than that the candles tell the whole story. Lastly ...

Price Action Vs Indicators

NAKED as well — I trade with only trend lines and support / resistance lines. There is no better way to see what price is telling you. PM me if you want further information etc...

Trading with no or minimal indicators... (FIB & trendlines)

SAD day here — I have been away from FF for quite some time... churning along and trying to make the most of my business.... I trade with quite a few US members who are GoMarkets customers and we are all frankly reeling from the email today. ...

GoMarkets Discussion

Thanks — Thanks VERY much... I stumbled across his web site after asking... I apprecaite it!

Auslanco - GBP/JPY and GBP/USD (newstrade)