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Re: 10 price action secrets

#81
Another favorite is the 75% level. Many traders LOVE this level because it often represents the best ideal area to enter a trade, or to enter a scalp (a short term trade). This level is often very respected, and price often bounces OR reacts to this level.
2018-11-18_154245.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.


Re: 10 price action secrets

#82
Here's are some examples of how to measure a Bullish Retracement.

It will take you some time to practice and get used to it, but you will get it!

Using Fibonacci Retraacement tool in Metatrader is easy and straight forward. Just look for this option!
2018-11-18_154603.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.

Re: 10 price action secrets

#83
Use the Fibonacci Retracement tool, to measure the most recent low, to the most recent high points.
2018-11-18_154822.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.

Re: 10 price action secrets

#84
In a trend, there are often Minor and Major Retracements! It's very important to identify when you're in a major retracement.

Often a trend can continue to keep moving in one direction! Remember, what can go higher... CAN GO EVEN HIGHER!

A major retracement is often mistaken by new traders as a sign of a reversal!
2018-11-18_154928.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.

Re: 10 price action secrets

#85
******8
2018-11-18_155253.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.


Re: 10 price action secrets

#86
******
2018-11-18_155459.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.

Re: 10 price action secrets

#87
******8
2018-11-18_155618.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.

Re: 10 price action secrets

#88
*****
2018-11-18_171514.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.

Re: 10 price action secrets

#89
heiken ashi price action
2018-11-27_095848.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.

Re: 10 price action secrets

#90
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2018-11-27_095848.png
The market is a brutal place. Forget trying to be liked. Need a friend? Get a dog.
The market doesn't know you and never will. If you are going to win, someone
else has to lose.



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