When you combine those candles together, you get the story of price. If bulls were strong then price would not be trending down. In that time I have found three awesome entry strategies: entering on new high/low, retrace entries, and distance entries. They are common, but if used in the right way, they can be very powerful.
The choice is yours.
Nial Fuller is a professional trader, author & coach who is considered The Authority on Price Action Trading.
In 2016, Nial won the Million Dollar Trader Competition.
He has a monthly readership of 250,000 traders and has taught over 20,000 students.
As for time frames, I currently trade these. Normally people say that a spinning top means a reversal is imminent, which can be true. I am going to break it down into a step by step process for you though. Fast array and matrix processing, in AmiBroker Formula Language (AFL) vectors and matrices are native types like plain numbers. Explore All The Benefits of, trade Navigator Membership. As long as you see a strong move heading into an area of support or resistance, you can consider it a preceding trend. In this article, I share my Forex Scalping Strategy. Fxglory MetaTrader 4 key features, customizability and Comfortability. My trading strategy differs from most courses you will come across as it is based entirely on Price Action. Resistance Sell Area The terms sellers and bears are interchangeable.
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