Trade the Price Action [PDF]
Strategy Introduction
No indicators
Timeframe
Trend
Support and Resistance
Fibonacci Retracements
Candlestick patterns
Hammer Engulfing pattern
Morning star/Evening star
Dark cloud/ Piercing pattern
Strategy step by step
Patience is the key
Strategy Introduction I have been trading currencies with decent success so far and I decided to present to you my complete detailed trading system. This strategy addresses people that have yet to succeed in the currency market, the people that have been trying hard to construct a winning strategy that will allow them to make some profits in the forex market. I know this process is very frustrating but you have come to the right place. I’ve put together this powerful strategy for myself after about one and a half years of frustration when everything I tried did not seem to work for me at all. After all that screen time, studying the charts endlessly, reading countless books, articles, forums, I have come to the conclusion that the most powerful things, the things that work best in the foreign exchange market are the following: trend, support and resistance zones (both horizontal and diagonal), Fibonacci ratios and candlestick patterns/price patterns. Consequently, I came up with this price action strategy that incorporates all of the above, and since then, things have been working out great for me.
