Price Action Trading Method.

Few trades hit the target on daily's ...

These are some of the most simplest setups i can think off.

Setup: When you have a Confluence of Trend line and S/R level. You can wait for bar confirmation or take a blind entry, setting your SL just above/below the S/R level. This is also a low risk entry , enabling you to increase your position size , there by increasing your profit as well.:thumb:

Newbies : Demo these setup's first before risking real money.:)



 
TP

What happens to your fingers to make them to write so many post all over the forum in such a short time?

:):D
I used to be a professional typist - typing for a living. I could type upwards of 80WPM on manual typewriter (Rs. 4 per page for English typing 1+3 i.e. 1 original and 3 carbon copies, in 1988-1990, by the roadside outside the Sessions Court) and upwards of 120WPM on computer. That was in my younger days, of course :)
 

DanPickUp

Well-Known Member
I put in some relaxing music for your fingers in my music thread. It may work.

Have a successful trading day. ( Here it is 01:16 ) So enough time for me to relax.

DanPickUp
 
Eur has been in downtrend for quite sometime now..and it doesn't look good for eur still ..

oil prices falling as well , which means USD will go up and up...

on another note..our petrol prices always keep rising..
It is grossly oversold and appears due for a steep correction.

 
Thanks traderdude for your work.

can we use this price action setup for Nifty? any inputs from you...
i see very little posing on equity from you..

Thank you. I
 

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