raywheeler24's Space http://raywheeler24.posterous.com Most recent posts at raywheeler24's Space posterous.com Sat, 24 Mar 2012 01:03:00 -0700 How to Use Simple Price Action Strategies to Make Quick Money in Forex Trading Consistently http://raywheeler24.posterous.com/how-to-use-simple-price-action-strategies-to http://raywheeler24.posterous.com/how-to-use-simple-price-action-strategies-to The only thing you need is time to see how the price setups occur and then be able to know what influences this change. All you need is to get into a reliable website that offers these services and get information on how you can watch price action in online forex trading. In order to an expert in online forex trading, you need to be well versed of how price action analysis is done. You should look for a reliable person who will mentor you and then later apply the advice on your own.

Here we will look at the concept of following Forex price action via charts and making huge FX Gains with a simple and proven method. If you use the FX strategy enclosed, you will catch every big trend and profit so - let's take a look at it in more detail. If you look at a chart of any currency pair you will see big trends which last for weeks on end and these trends can give you fantastic profits if you know how to get into them. The good news is the big trends all start and continue in the same manner - They break overhead resistance and then, move higher and this is called a breakout.

So, by learning to interpret this price movement, we are learning to interpret the most important view of any market, which is its core price data. The price of a given stock, commodity, or currency is a reflection of its current supply and demand situation, and the movement of price is the most important analysis tool we have as traders. However, many traders overlook the obvious and forgo making price action strategies their primary analysis tool. They instead use lagging indicators, trading software, or other price-derived analysis tools to try and predict market direction.

I have trained my eyes so much that I can predict correctly what is going to happen next if my strategy conditions are met. Click Here to Get this powerful Revolutionary Trading System and Stop Losing Money Now. To most professional traders, someone trading without indicators is plain weird. Conversely, people who do not trade with indicators see those who do use indicators as also plain weird.

The break when it comes is even better, if most people think the currency should be going the other way. The reason these breaks are better is simple - the vast majority of traders always lose money and there are likely to be a lot of stops to be hit as the resistance gives way and takes these losers out of the market. The simple method above, will make you money and not only will it get you in on all the big trends, allow you to trade just a few times a week and make triple digit gains. If you want to achieve currency trading success, there is no better method than breakout trading.

It will show you when you will make profits and when losses are anticipated. Every day, thousands of traders are profiting from the foreign exchange market. If you do not wish to let this opportunity slip through your fingers, you'll have to learn some forex trading strategies in order to make money from this highly competitive market. Price Action EA

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Sat, 24 Mar 2012 01:00:00 -0700 Advantage of Price Action Over Indicators in Forex Trading http://raywheeler24.posterous.com/advantage-of-price-action-over-indicators-in http://raywheeler24.posterous.com/advantage-of-price-action-over-indicators-in You will even double your account easily in less than 10 weeks as I always do by just spending 10 minutes daily. com to get this powerful Revolutionary Trading System and Stop Losing Money Now. A Forex (Foreign Exchange) price action trader does not use indicators to plan trades. He looks first at prices, and then will attempt to forecast the direction of the market as a result of current trends.

Here we will look at the concept of following Forex price action via charts and making huge FX Gains with a simple and proven method. If you use the FX strategy enclosed, you will catch every big trend and profit so - let's take a look at it in more detail. If you look at a chart of any currency pair you will see big trends which last for weeks on end and these trends can give you fantastic profits if you know how to get into them. The good news is the big trends all start and continue in the same manner - They break overhead resistance and then, move higher and this is called a breakout.

As with any other skill worth learning, the easiest way to learn is to "stand on the shoulders of giants". This means you should find already successful Forex traders using price pattern trading methods (and ones that are willing to teach you). Is books, videos or webinars the best way to learn price movement trading - Once you find a professional trader you want to learn from, it is very important to make sure the way they teach is the best way for you to learn. Videos are better because you can see what is going on and get a feel for how trading is in real life.

I have trained my eyes so much that I can predict correctly what is going to happen next if my strategy conditions are met. Click Here to Get this powerful Revolutionary Trading System and Stop Losing Money Now. To most professional traders, someone trading without indicators is plain weird. Conversely, people who do not trade with indicators see those who do use indicators as also plain weird.

As a price of currency pair goes up and down, their indicators interpret what is happening and tells the trader if and when to buy or sell. In other words, instead of YOU looking at the market, and deciding for YOURSELF whether you should be buying or selling, you are putting all of your trading faith onto a set of indicators. You can try to learn to speak some Spanish, or just go to Spain and hope to run into people who speak English. Which choice do you think will lead you to have a better time in Spain I think the answer to that should be pretty obvious.

It will show you when you will make profits and when losses are anticipated. Every day, thousands of traders are profiting from the foreign exchange market. If you do not wish to let this opportunity slip through your fingers, you'll have to learn some forex trading strategies in order to make money from this highly competitive market. Trading price action is one of the most talked about and confusing concepts of online forex trading and there are many traders out there today who are still trying to grasp the right way of executing this strategy. Price Action forex Strategy

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Sat, 24 Mar 2012 00:57:00 -0700 The Easiest Way to Learn Price Action Forex Trading http://raywheeler24.posterous.com/the-easiest-way-to-learn-price-action-forex-t http://raywheeler24.posterous.com/the-easiest-way-to-learn-price-action-forex-t Price action analysis generates valid signals before conventional indicators do. Price action signals enable you identify beginnings, cessations and continuations of trends. They do not lag in fact by understanding the dynamics of market flow as described in our articles you would sometimes learn to 'ambush' price and wait for it to make easily predictable moves.

You will even double your account easily in less than 10 weeks as I always do by just spending 10 minutes daily. com to get this powerful Revolutionary Trading System and Stop Losing Money Now. A Forex (Foreign Exchange) price action trader does not use indicators to plan trades. He looks first at prices, and then will attempt to forecast the direction of the market as a result of current trends.

This means that it repeats itself and this can be seen in high odds chart set ups which can be traded for profit. You are not bothered about how prices move or why, you just want to profit when they do. On a forex chart, you are seeing the reality of price change and can execute your trading signal based upon what you see. With a bit of practice, you will soon be spotting and locking into long term trends and if you have learned the right forex education, you could soon be making big forex profits in around 30 minutes a day.

So what will he do - Which will result in you making bad decisions and end up blowing your account with a frustrated mind. Why does it happen this way Indicators are derived from the chart movements. Which is in fact Price Action - FOREX Price Action leads the indicators, and when price reverses it movement from short to long (example). And by the time the indicator confirms it is going short, Price Action has taken the market to go Long.

I have trained my eyes so much that I can predict correctly what is going to happen next if my strategy conditions are met. Click Here to Get this powerful Revolutionary Trading System and Stop Losing Money Now. To most professional traders, someone trading without indicators is plain weird. Conversely, people who do not trade with indicators see those who do use indicators as also plain weird.

As a price of currency pair goes up and down, their indicators interpret what is happening and tells the trader if and when to buy or sell. In other words, instead of YOU looking at the market, and deciding for YOURSELF whether you should be buying or selling, you are putting all of your trading faith onto a set of indicators. You can try to learn to speak some Spanish, or just go to Spain and hope to run into people who speak English. Which choice do you think will lead you to have a better time in Spain I think the answer to that should be pretty obvious.

Support and resistance levels, on the other hand, can warn you in advance where you can expect the price to stop, or slow down. You will simply need to see if there is something unusual in price action when it approaches these levels. When you get more experience you can spot those important levels in a matter of seconds. Price Action forex Strategy

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