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3 Simple Tips in reading Price action

3 Simple Tips in reading Price action

What it is Price Action? I’m one from traders who are using the price action really deeply, but in case you have to know what you are looking for. For me the price action is just some comunication between market and trader. It’s my princess and I have to...
GbpAud fake breakout $5943

GbpAud fake breakout $5943

Short GbpAud is already before the targetĀ  1,7510. I sold this trade from daily daily supply and I wanted to stay in it a bit longer. This was trade on basis of fake breakout and the risk was a bit higher by 6%. The barrier was nice and stedy so there was no futher...
Open trade 4 lots US30

Open trade 4 lots US30

Another long trade this month on DJI30, now from daily timeframe. There was a nice hit on daily demand around 24333. The price hit this baries so I was zooming to the lower timeframe. On the H4 there was a nice reaction to the daily demand so I was waiting for some...
US30 long trend continuation

US30 long trend continuation

Hi traders,here I want to show you my long trade on DJI30. Price was in nice pullback on H4 and hit the H4 demand, after that i wanted to see the break/bounce and in the best case also with the engulfing. In the price action was everything so I was waiting for some...
Short DJI closed +$600

Short DJI closed +$600

Hi traders, today I want to share with you my trade on US30 index. There was a nice local short DJI trend in the way of closing GAP on short DJI global trend. What I was also expecting was the fake breakout which helped me to close the position. So again, short DJI...
Here is the bull hunter

Here is the bull hunter

Here I want to go back a little bit because of the GbpUsd analysis I posted yesterday. Short signal was okay, agresive entry too. Where I was wrong was the target. Everything is falling down so the target on cabel could be lower of course. I was looking for the...