Simple swing trading strategy forex

simple swing trading strategy forex

easy to understand and to navigate, with nothing to distract you from analysing price action. In trading, highs and lows are very important. In the illustration below we can see an example of what a range-bound market might look like.

The, simple Strategy - A Powerful Day, trading Strategy, for

simple swing trading strategy forex

What happens if the 4 hr and the 1 hr trend are the same and the daily is different? This is the whole package: how to get started, what to focus on, how to build your trading plan, how to practice and see the market, and ultimately how to make the transition to live trading (only when ready, based on the 5-step plan). Use price action by the use of reversal candlesticks. The indecision candles need to form on or near to the support and resistance area. In the image below you see a preceding trend heading into support, indecision, and a failed reversal trend. However, I do consider horizontal levels to be the core piece of confluence in my trading strategy and I want to show you guys some examples of how I use horizontal lines and price action to trade the markets. Another excellent way to trade horizontal lines in the market is to simply watch for price action setups forming near the boundaries of a range-bound market.