The RSI indicator is a cruel mistress! Please accept my sincerest respects for your generosity. There are a few indicators that pair well with the RSI and using them together can proved better trading signals. In total the trader made point gain in their trading account over 8 trades. Eye opener easy to read and enjoyable. DXY traded below
Forex Trading Strategy NO Signals! NO Indicators! - Published in best online forex trading | Forex For Beginners is a community of forex traders from around the globe. Forex Trading Strategy NO Signals! NO Indicators! - Published in best online forex trading | Forex For Beginners is a community of forex traders from around the globe. MENU;.
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So just wrote what was in my mind Great info, straight and simple Great stuff, thanks for writing the article. Thanks a lot,very very usefull ,thank you. TQVM very useful n simple trading strategy. This article came just in time. Extremely helpful, solved a serious problem I had in trading.
Thank you SO much! Excellent and Simple explanation of a critical skill. I have been trading full time for 2 years and find this information extremely accurate. Even in one of your comments on your charts you mention planning, patience, and discipline. Thank you very much dear! No doubt trading Price Action is the natural way to go. As Price Action Traders we don 't to predict the market, we are market Reactors.
A philosophy that I teach with my PA Students. There is absolutely no reason to use lagging indicators, oscillators or other thingamajigs. The market tells you exact live, upfront and in person where it is going. Thank you so much for adding value to our community. Very helpful, thank you very much! Love to read it, easy to understand, different from others course. Thank you so much for this refreshing article. Please let me know, for low risk strategies.
I took notes and posted the 3 steps in my room. Thanks Dale for sharing. I have been in dilemma after going through so many videos and webinars but this is very clear and precious. I have fallen into the traps many times. Eye opener easy to read and enjoyable. All I have to say is wow! Worth more money then all the stuff we pay to learn useless indicators that don't work! This post has been truly inspirational for me in my trading. I'm a fairly new trader that has been victim to finding the holy grail of indicators that takes all of the work and emotion away from me when determining when to enter trades.
For 2 years I have tried and maneuvered almost every 'free' indicator out there. I have heard about price action trading ad read a couple articles and watched a few videos on it but strayed away from it because honestly ' I was lazy and wanted the easy way to make money'.
Through my evolution as a trader I have become immersed in this world of being part of the elite and have been going All In with my trading.
There aren't any words that can express how much this site has changed my life and enhanced my love for trading. I am amazed for your knowledge about trading, you have a very simple and working technic, when are u going to write a book??? I just can't wait to be part of the war room! Wow you are the best me! Still not clear when to take trades. Thank you for your guide. I will incorporate this in my trading. Just great especially for newbies like me.
I will definitely include this in my short list of strategies. Terimakasih bimbing kami agar seperti anda. Very informative and simple. Thanks Dale for making a complex solution very simplistic. Your articles are relevant and fresh.
Thanks for your expertise. Very refreshing and explained in simple and easily understandable fashion. Welcomed info on price action forex trading. This is the most straightforward article I've read about Price Action Trading. I feel much more confident attempting this approach as you have given me clear steps. I'd love to hear from you about this.
I think it's unnecessary to add in indicators. Most traders get frustrated with them and start adding in more, then before you know it you've got a chart full of indicators again. Keep your mind clear, keep trading simple, so you can make sound trading decisions. I had reached a point where I have simplified my indicators to the RSI and stochastic, but still fall into the same traps you have explained, and while not losing money, not making any either.
I have even tried to get to understanding Institutional Order Flow, but I get bogged down. I trade predominantly Forex. Notify me of follow-up comments by email. Notify me of new posts by email. The greater fool theory explains almost every bubble Some things have an intrinsic value. The most-obvious example is a stock with a dividend. The absolute floor for an equity is its dividend and so long […]. DXY traded below The strengthened against all of the major currencies with leading the slide.
The past two days were pretty bullish for Bitcoin and even better for altcoins. The market is still under bear conditions. Bitcoin has to create a higher low in the weekly chart, something that has […].
The mood on Wall Street has shifted from fear to greed. And, like clockwork, contrarian-minded investors have shifted their short-term outlook in precisely the opposite direction, from positive to negative. To appreciate how big a […]. A change of momentum? April 28, Trading for Beginners. Janna which strategy would you prescribe to a first time trader in Forex trading?
What you mean by make sure that the brokers don't trade against you. Scalpers can meet the challenge of this era with three technical indicators custom-tuned for short-term opportunities. They work best when strongly trending or strongly range-bound action controls the intraday tape; they don't work so well during periods of conflict or confusion.
You'll know those conditions are in place when you're getting whipsawed into losses at a greater pace than is usually present on your typical profit and loss curve. Read on for more about such signals.
For related reading, see: This scalp trading strategy is easy to master. The ribbon will align, pointing higher or lower, during strong trends that keep prices glued to the 5 or 8-bar SMA. Penetrations into the bar SMA signal waning momentum that favors a range or reversal. The ribbon flattens out during these range swings, and price may crisscross the ribbon frequently. The scalper then watches for realignment, with ribbons turning higher or lower and spreading out, showing more space between each line.
This tiny pattern triggers the buy or sell short signal. Market Reversals and How to Spot Them.
Multiple Chart Scalping
Forex Trading System that Works! Very Easy! No signals, no averages, nothing! This system is really very easy! And I'm giving it to you for FREE! Open Account. There's actually no standard strategy to achieve the highest potiental in this industry as it goes from person to person or from different experiences. But thanks for sharing your ideas anyways. It helped a lot. We will show you how to become a trader who can participate in Forex trading using no indicators in other words- naked forex trading indicators so make sure to print out this article and ready anytime!We are sure you can find this unbelievable simple forex trading strategy no indicators. Learn to read price action signals. If one.