1, 5, and 15 minute charts with ease. It all seems very simple right? The key to trading this strategy is to just take the trade and let it play out.
Forex Price Action Scalping - Bob Volman Foreign Exchange
The question only had three possible answers. So a different approach is needed for Forex price action scalping. The point is that price action analysis allows you legit work from home jobs with smartphone to predict with a high degree of accuracy what price will do next by understanding who has control of price, buyers or sellers. The trades target was 21 pips and the stop was 7 pips. If sellers are in control, you want to sell. Most traders use indicators for scalping, which is a bad choice. The set up was good but the trade never took off. And at its core, price action trading is all about speed and efficiency. Using candlestick analysis with support and resistance allows you to determine if the trend is still alive. There might be a small problem though. We will only trade trend continuations.
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