Price Action Forex -Why Forex Trading is Easy with Price Action?

[challenger ab]

i think trading with price action very important because it show us the power of the trend and if it up or down and if the market with bullish or bears so we must focus because this behavior very important to put our position with the strong trend and we must depend on time with the relation of price and the time because it,s helping to make perfect trading

[esif]

Price Action Forex -Why Forex Trading is Easy with Price Action?

Thanks for your post, and this post give lot of good info to learn some thing extra and will wait to see some more quality posts from you, and i have a question for you, that can we combine Fibonacci with price action............

[muhammadatif]

Thanks for telling about pin bar and its use. I think it is very useful in forex trading. Price action trading is very easy for every trader if he learn in details about pin bars.

[deepak]

price action strategy indeed has a logic behind it is like following the nature of the forex flow.but l think this strategy will not work for all pairs and also in all conditions.l have try so many times specially during news time we can see market will move both side like crazy and all stoploss will be hit before the market will decide.so it is where almost all of the strategies fail.actually that is why there is no %100 working strategy.

[pbelim]

correct in analyzing movements in the trade market we need to combine several methods appropriate to the circumstances and the situation at the time. we can not stick to one method.

[goldenmember]

I think price action trading is not the best because you are guessing at prices. Sometimes the price will go higher or lower by a few pips. If you see resistance at 1.3000, sometimes the price will reverse at 1.3030, sometimes 1.2930, so there is a huge difference if you just rely on price. If you use indicator as well then you have confirmation.

[deepak]

price action strategy indeed has a logic behind it is like following the nature of the forex flow.but l think this strategy will not work for all pairs and also in all conditions.l have try so many times specially during news time we can see market will move both side like crazy and all stoploss will be hit before the market will decide.so it is where almost all of the strategies fail.actually that is why there is no %100 working strategy.

[cozard007]

I don`t know much about this price actions but it might still be what i am thinking, the thing that the market really wants is to getting into the market with nice trading discipline.

[antosco]

There are many answers to why PRICE ACTION is king in forex trading.
And why price action in fact is the easiest to trade with in forex trading.
Let me give you an easy explanation with the chart above.
In the pair above: Eur Gbp
It shows the pair in an uptrend.
And if we look into the pair, we can easily spot 5 price action entries for us to ride the trend and to profit on.
Price Action Forex � Why Forex Trading is Easy with Price Action?

Price action (blue box no. 1)
It is a pin bar as well as an bullish outside bar (in combination with the bar on the left hand side)
It is a good indicator for us to take it long with a buy order.
Price action (blue box no. 2)
It is another pin bar for us to enter a buy order had we missed the first pin bar.
This is also a confirmation pin bar to tell us that the trend is indeed going up.
So off it went�
Price action (blue box no. 3)
It forms a bullish outside bar. Look at the long green bullish bar wrapping the previous smaller bar.
Another good price action bar to tell us to take it long.
And so it went further�
Price action (blue box no. 4)
Price move sideways and to form another bullish outside bar.
This bullish outside bar indicates that price is possibly going to breakup from it�s sideways trend.
And so it did.
Price action (blue box no. 5)
Price went sideways again to form another price action pin bar.
Another indicator to state that it is going to breakup from it�s sideways trend to move further up.
Price Action Forex � Why Forex Trading is Easy with Price Action?

So you see, in just a pair. We can spot so many price action bars for us to take an entry long.
The trick towards trading price action is simple.
We usually take price action bars that is together with the trend.
So in this scenario, the pair is in an uptrend.
Therefore we only take price action bars that is going up.
If you look into the chart, you will see price action bars that points down.
Those are reversal bars. And we usually skip them. (unless you have enough experience, stay away from reversal price action bars)
And you will be glad you stayed away from them as you see, most of the reversal bars did not work out.
Price Action Forex � Why Forex Trading is Easy with Price Action?

So you see, forex trading is not difficult with price action.
The power of price action, in combination with a proper forex trading system, trading psychology & money management = Consistent Profits
Ezekiel Chew
Asia #1 Forex Mentor

At first, I didn't really understand you when you said it is a pin bar, but now, I think I am beginning to understand you only gradually though the reason I believe is because I have always be using the candlestick chart so I guess that I am used to the candlestick chart.

[aum]

price action strategy indeed has a logic behind it is like following the nature of the forex flow.but l think this strategy will not work for all pairs and also in all conditions.l have try so many times specially during news time we can see market will move both side like crazy and all stoploss will be hit before the market will decide.so it is where almost all of the strategies fail.actually that is why there is no %100 working strategy.