PRICE ACTION / TREND FOLLOWING VOLUME #1 Giá xuống

Euro Fx/U.S. DollarFXCM

Mô tả

⋅ 31 Th05 2016 12:29

PRICE ACTION TRADING.

FIRST STEP

Draw the channel. And check how the price moving.
HL- Higher low
HH-Higher high
LL-Lower low
LH-Lower high

STEP TWO

Draw the support and resistance lines.

PRACTICE,PRACTICE,PRACTICE AND PRACTICE

Bình luận

rocky05.ra

⋅ 31 Th05 2016 12:59

we only use price? can we add some indicators?

FxcInvesting

⋅ 31 Th05 2016 13:05

Hi, price action trading is with clean charts ( no indicators ). But yes you can add some indicator like MACD, RSI for sure ! :-)

FxTime

⋅ 1 Th06 2016 09:08

Super Mario will probably surprise the Sellers for 1.1400
Good Luck !

Ichimoku_Trader

⋅ 31 Th05 2016 16:14

AWESOME

FxcInvesting

⋅ 31 Th05 2016 17:48

Thanks!

Metafora

⋅ 31 Th05 2016 14:41

Nice chart. In this case I will wait for the price to move down into the channel again with good momentum (big red candle) and put a stop loss and reversal above the support and resistance zone, around 1,1216. Plus my premium indicator says down (If I think the price will go up as I do now, I'm alwais looking to selland. lol.)

rocky05.ra

⋅ 31 Th05 2016 13:16

Ok. Thank you
How many point can we tolerance of the price if out of channel? is there limit?

FxcInvesting

⋅ 31 Th05 2016 13:23

there are no limits ! :) more points = more strong is channel

rocky05.ra

⋅ 31 Th05 2016 13:35

Oh ok Understand.. thank you very much

FxcInvesting

⋅ 31 Th05 2016 13:45

You are welcome

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