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Price Action
Price Action
SECRETS
To master trading like a pro.
1- support resistance acts as an area of value
An area of value is something that gives max money for your bucks.
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2- Avoid trading when market is far away from EMA
Moving average act as a magnet, when price is away from it the risk is very
high and reward is low.
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3- Trading near S/R levels gives you highest RR.
Even in the ranging market today, you would have got 1:5 if you traded near
the levels.
4- How to identify when the trend is ending.
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5- Continuation pattern works best in the trending
market.
If you are trading a continuation pattern, make sure the market is trending.
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6- Trading with trend gives you maximum profit.
If you stop trading the sideways market and focus entirely on the trending market.
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7- False breakout gives best opportunity to trade.
False breakout trap many trader and opposite move often is very fast, see the
second move in the range-bound market.
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8- Often the big bar acts as a hidden s/r level.
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9- Narrow range candles leads to explosive moves.
Market trend then pause the trends then pause. It is the nature of the
market. Always be alert, when you see narrow rangle candles, next move can
be explosive.
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10- The longer it range, the harder it trend.
PRESENTATION TITLE 11