Price Action Trading Method.

[TraderDude]

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.

 

[timepass]

EUR/USD : Are you expecting the downtrend to continue or bounceback ??

 

[DanPickUp]

TP

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

 

[timepass]

TP

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

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]

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

 

[TraderDude]

EUR/USD : Are you expecting the downtrend to continue or bounceback ??

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..

 

[timepass]

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.

 

[TraderDude]

AUDJPY S/R Trade.

 

[TraderDude]

Update on yen pair. What an amazing move today. :thumb::thumb::thumb:

over 600 pips in a day.

 

[krishna324]

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