PRICE ACTION FOREX TRADING

"Trade what you see not what you think"

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Joined May 14 2010
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MALE
Kerala
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PRICE ACTION FOREX TRADING
Getbhavcopy Free NSE and BSE data downloader

About Me

I have been trading forex for 3 years, and couple of months back, i started trading only with price action.  this site is a great source for me to advance my trading.  Looking forward.

 

 

regards



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2 Comments

Reply K. FORD
11:35 AM on May 14, 2010 
Glad to have you!!! I will do a video on how I determine the trend. The main thing I try to pick out is the current bias of the market. I always feel that trend is subjective. I think actually studying the behavior of the market and looking for good spots where signals may occur help you identify the trend. This way when you get a price action signal in the direction of the current momentum you will be able to have added weight behind it. Because as you know the trend is our friend until it ends.
Reply Trader
7:04 AM on May 14, 2010 
HI Khalif,

Great resource for traders.

Can you please illustrate how you define the trend? I look at the slope of 50 EMA to determine the trend. Pls explain, how you determine

thanks,