Page 51 of 51 FirstFirst ... 1121314148495051
Results 1,001 to 1,014 of 1014

Thread: Price Action

      
  1. #1001
    Senior Member
    Join Date
    May 2010
    Location
    uk
    Posts
    353
    Rep Power
    0

    Default Re: Price Action

    US 30 yr, currently +380 pips

    Click image for larger version. 

Name:	us30yr.gif 
Views:	33 
Size:	27.2 KB 
ID:	2303

  2. #1002
    Senior Member
    Join Date
    May 2010
    Location
    uk
    Posts
    353
    Rep Power
    0

    Default Re: Price Action

    eur/usd stop@ b/e

    Click image for larger version. 

Name:	eurusd.gif 
Views:	28 
Size:	27.0 KB 
ID:	2304

  3. #1003
    Show Me The Money!
    Join Date
    Nov 2010
    Posts
    91
    Rep Power
    0

    Default Re: Price Action

    Quote Originally Posted by jamer8 View Post
    Can someone start trading Forex with an initial investment of $150?
    Normally, you need at least $250 to begin trading. $150 is really small. I would never trade with less than a $1,000 account. If you want to learn more about the basics of Forex trading check out this forex trading basics course.
    Dislikes DickP disliked this post

  4. #1004
    Senior Member
    Join Date
    May 2010
    Location
    uk
    Posts
    353
    Rep Power
    0

    Default Re: Price Action

    thread now closed.
    Good trading to all.
    Dislikes DickP disliked this post

  5. #1005
    My Pip Hand Is Weak Nero's Avatar
    Join Date
    Apr 2012
    Posts
    10
    Rep Power
    0

    Default Re: Price action.

    Do you think you can help me out with this a bit?

  6. #1006
    I am Part Pips sniper012's Avatar
    Join Date
    Sep 2009
    Posts
    1,374
    Rep Power
    28

    Default Re: Price Action

    You can start with $150 but it will take you a long time to build that account up. You might be better off practice trading until you feel more comfortable putting more money in your account.
    Quote Originally Posted by jamer8 View Post
    Can someone start trading Forex with an initial investment of $150?

    Pippin ain't easy, but it sho' is fun!

  7. #1007
    My Pip Hand Is Weak togotugu's Avatar
    Join Date
    Feb 2008
    Posts
    14
    Rep Power
    0

    Default Re: Price action.

    This is a good conversation.

  8. #1008
    My Pips Are Growing
    Join Date
    Dec 2010
    Posts
    31
    Rep Power
    0

    Default Re: Price action.

    Quote Originally Posted by Mike View Post
    As with most things in Forex. this depends on understanding how an indicator works and how each trader's ability to apply this knowledge to interpret indicator movement to price action.

    What does this mean to me? Again, it goes to the heart of the matter, what came first? The price action or the indicator that caused the price action.
    That's a good point like... i get what you are saying when price hits a moving average and causes a pin bar... are we trading the pin bar or the moving average?

  9. #1009
    I Don't Post Much
    Join Date
    Jul 2012
    Posts
    7
    Rep Power
    0

    Default Re: Price action.

    Quote Originally Posted by FxTooth View Post
    That's a good point like... i get what you are saying when price hits a moving average and causes a pin bar... are we trading the pin bar or the moving average?
    Hello FXTooth,

    Being a price action trader and seeing this thread, I'd like to get involved as there is some interesting discussion here, particularly related to your question.

    In regards to whether we are trading the moving average or the pin bar, the answer is neither. The pin bar is the 'effect', not the 'cause'. The cause is the order flow, and when dealing with pullbacks in trends, sure, the market often relates to the 20ema, but not always. Sometimes it breaches it by a lot, only to stop at a key s/r level.

    More often than not institutionals place their orders around levels, as this is the wholesale prices and the best ones you can often get. The pin bar or 50% retracement of the pin bar often offers the 2nd, 3rd or 4th best price as the tail rejection is the wholesale price and therefore best.

    That is why the 50% retrace can be inefficient as you are getting a retail price, but moreso, you are trading the effect, not the cause.

    This is why it is important you learn to read price action in real time so you can understand the order flow behind it, where the market is reacting to, where there is strength, weakness, the speed of the buying and selling, the impulsive and corrective moves....all critical to learning to trade price action.

    So the answer to the question is you are not trading the pin bar which is reactive, or the 20ema, but neither, and hopefully you are trading order flow.

    But i'll be starting a new thread on learning to read and trade price action by learning to read the order flow behind it.

    Hope this helps.

    Kind Regards,
    Chris

  10. #1010
    Pips Are My Game FXman's Avatar
    Join Date
    Jan 2008
    Location
    New Jersey
    Posts
    115
    Rep Power
    0

    Default Re: Price action.

    I care, please continue with the price action goodness
    Trade the Super Forex System for huge results

  11. #1011
    Pips Are My Game Paprika's Avatar
    Join Date
    May 2009
    Posts
    185
    Rep Power
    0

    Default Re: Price action.

    Ah, what a waste of a thread, it started out well of course

  12. #1012
    Pips Are My Game Paprika's Avatar
    Join Date
    May 2009
    Posts
    185
    Rep Power
    0

    Default Re: Price Action

    Quote Originally Posted by ChartWizQ View Post
    The "FOREX POLICE" lol...

    Here's the Forex Police with their smash hit, "Trader with a Broken Chart"

    ****ing psycho....

  13. #1013
    My Pips Are Growing
    Join Date
    Jul 2013
    Posts
    28
    Rep Power
    0

    Default Re: Price Action

    Trading without Indicators is the best way to trade!



    Learn the ins and outs of NAKED TRADING with PRICE ACTION in 10 minutes or less every day, for the rest of your life!





    Just by going back through old system and looking at old charts, this will teach you to come up with a much better system of trading with Forex and making money consistently. If you are someone who wins a few and loses a few more, especially when you try to “second-guess” the system, or if you are constantly giving Forex “one last try,” you really need to give a price action only system a try instead. Wouldn't it be wonderful to learn just what is hiding in plain sight on each and every chart you use?


    This is the truth of how to make money in Forex, you may end up hating this because everything you've been taught was a lie, but if you ignore this system you will continue struggling. This system will even work for those who have been in the market for years but still cannot make consistent profits. Apparently, one of the keys is to not place even one indicator on your charts because it stops you from seeing what is really happening on the market. What you will do is put together a series of strategies that ends up being an continuous Pip Earning which made him consistent profits.


    Start watching these online videos now and stop losing in Forex Trading!!!

  14. #1014
    My Pips Are Growing
    Join Date
    Jul 2013
    Posts
    28
    Rep Power
    0

    Default Re: Price action.

    Trading without Indicators is the best way to trade!



    Learn the ins and outs of NAKED TRADING with PRICE ACTION in 10 minutes or less every day, for the rest of your life!






    Just by going back through old system and looking at old charts, this will teach you to come up with a much better system of trading with Forex and making money consistently. If you are someone who wins a few and loses a few more, especially when you try to “second-guess” the system, or if you are constantly giving Forex “one last try,” you really need to give a price action only system a try instead. Wouldn't it be wonderful to learn just what is hiding in plain sight on each and every chart you use?


    This is the truth of how to make money in Forex, you may end up hating this because everything you've been taught was a lie, but if you ignore this system you will continue struggling. This system will even work for those who have been in the market for years but still cannot make consistent profits. Apparently, one of the keys is to not place even one indicator on your charts because it stops you from seeing what is really happening on the market. What you will do is put together a series of strategies that ends up being an continuous Pip Earning which made him consistent profits.


    Start watching these online videos now and stop losing in Forex Trading!!!