The Price Action Trader’s Plan
In this article, we cover a plan that can be used by traders to integrate price action analysis into their approach.
In this article, we cover a plan that can be used by traders to integrate price action analysis into their approach.
The AUDUSD has remain rangebound in overnight trading. Now traders watch as price moves on support at .9431.
Camarilla pivots are useful tools for identifying intraday market reversals and breakouts. Learn how to add these lines to your chart today!
The EURAUD has moved through support, on Aussie CPI data. With price below 1.4257 traders will continue to look for the creation of lower lows.
Many traders judge a strategy by its win ratio only to be disappointed with their results. Use this simple calculation to identify if a strategy has a positive bias.
The EURJPY has fallen 5% in the past five months. Retail sentiment points towards further decline in the future.
The EURUSD has moved through key lines of daily support. With price below 1.3502 traders will continue to look for the creation of lower lows.
The FX Market is composed of pairs, meaning that an aggressive move in one direction is often retraced, here’s how you can spot such entries.
The EURCAD starts Monday trading near a key line of resistance. A reversal would suggest prices challenging support near 1.4485.
When a pair is moving sideways, support and resistance levels can create advantageous trading opportunities.