Simple Price Action Forex Trading Strategies



Nial Fuller’south Professional Forex Trading Strategies

Hey traders,

Now that you’ve made it through my

Complimentary Beginner’s Forex Trading Course
, I want to give you guys a little insight into my cadre trading philosophy, why I merchandise the manner I do, what I teach, and how I can assistance yous go a better trader. I hope that you enjoyed taking this gratis course as much equally I enjoyed making it, and you should now accept a solid foundation on the basics of what the Forex market is and how it’s traded.

Knowing the nuts of Forex is great, and every trader needs to know them, but if y’all are serious nigh making consequent money in the markets, you demand to learn real-world trading strategies that will provide you with a high-probability trading edge. Hither’due south some more information most me and my cost action trading strategies:

Nigh Nial Fuller:

I’ve been trading the markets for over ten years now, and I take learned every lesson you can imagine forth the way. Perhaps the biggest lesson I’ve learned is that ‘simple is better’, and this is the primary bespeak I try to convey to my students and it’s why I don’t use a ton of indicators or messy trading systems. My primary mission after becoming a successful trader has been to help other traders “see the light” of simple toll activeness trading. I am very passionate about trading Forex, and I know a lot of other people are too, but unfortunately there is so much misleading information nigh it, that information technology tin be really difficult to get started on the right path. My goal every bit a trading mentor is to lay a simple path for all traders to follow, that path is paved with the price activeness strategies that I accept found to be very effective over the years. Be certain to check out Office 6 of the course on price action analysis for a refresher on what price action trading is all about.

How I trade with price action

• My core trading philosophy

My personal trading style is completely focused on “reading” the toll movement of the market in its “natural” form, or in other words: “Price Activity Trading Analysis’”. I don’t employ whatever indicators or disruptive systems; I simply trade from a naked cost nautical chart.

I have an armory of powerful price activeness patterns that I wait for within the structure of the market. For example, if a marketplace is in an uptrend, I volition be looking for toll to retrace to a support level within the uptrend, this is what I consider a “value” area, and I volition then watch patiently for one of my price action signals to confirm a trade entry. Whilst the majority of my trades are post-obit the trend of the market, I will occasionally take a counter-trend trade setup or a range-leap market trade.

Regardless of what management I am trading, the main matter I am looking for is “obvious” price patterns forming at “fundamental” levels in the marketplace. When I see one of my trade setups has formed at a key level in the market, I consider this a green-light confirmation signal for me to enter a trade. Given that at that place are only a ‘few’ proficient signals each week, I spend a lot of time simply waiting patiently for a trading opportunity. I wrote a very popular commodity last yr on the concept of being a patient trader waiting to ambush trading opportunities, you tin read that commodity here: “Trading Like A Sniper “.

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In summary, my trading approach is largely built on finding multiple pieces of “evidence” that work together to confirm an entry into the market. Professional person traders telephone call this “trading with confluence”. In regards to my price action trading strategies, trading with confluence means looking for multiple factors on the chart that support the case for entering on a price activity bespeak that has formed.

Overall, my trading strategy might appear quite simple, and frankly it is, only equally I said before; simple is improve in Forex trading. I’ll be honest with you guys, must unprofitable or beginner traders are attracted to overly-complex trading methods and this is usually what leads to their eventual failure. Every bit a trader who has “been around the block” a few times, I know what has worked for me in the markets, and I feel it’s my job to convey that information to other traders. Thus, my chief priority as a trading mentor is to teach my students how to trade with a simple forex trading strategy.

Hither’south one of my recent videos explaining how I use ane of my favorite price activeness signals; the pin bar trading strategy, to trade in-line with the trend:

• My favorite markets and fourth dimension frames

If at that place is 1 lesson that you lot should accept right now, that will save you A LOT of time and coin, it’s that trading the daily charts is the easiest affair you lot can do to reach your goals as a trader. Now, to be a little bit more specific…if you kickoff off your trading career trading small time frames similar the v minute and xv minute charts, you’re going to experience a lot of frustration, lost time, and lost money. You meet, these small time frames contain more variables for you to analyze (and over-clarify), this means more than “noise” or random cost movement that isn’t really impactful or meaningful. When you motility upward in time frame you get a natural “filter” that works to smooth out the noise and confusion of the small-scale time frames. The daily chart gives y’all the best view of the marketplace and also provides the most constructive filter against the dissonance of the small time frames. I also merchandise the 4 hour time frame quite often, and occasionally the 1 hr charts, but I NEVER look at any time frame nether the 1 hour.

My favorite markets to merchandise are the EURUSD and AUDUSD, simply each 24-hour interval I volition typically scan through all the major Forex pairs looking for price action trading opportunities. I besides trade gilt and silver and occasionally look at crude oil, the Dow Jones cash market, also as some of my local Australian stock indexes.

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Why I merchandise the manner I do

As I say often, I am very unproblematic in how I call back about and trade the markets, my years spent “in the trenches” of the markets accept reinforced the necessity to eliminate unnecessary variables from my trading. Most traders over-analyze the market and misfile themselves as a result, this ends up in them trading emotionally and losing money. Thus, I have no want to sit down in front end of my figurer screen staring at the 5 minute nautical chart similar a strung-out zombie-trader. I prefer to trade the daily charts and trade in a relaxed and stress-gratis manner; if at that place’southward a merchandise setup that meets my pre-defined criteria, I enter the trade, if non, I walk away until the next day usually.

I really want to stress the fact that taking a wearisome and calculated approach to your trading is far amend than trying to be a day-trader or inbound 20 trades a calendar week. If at that place’due south one thing you guys take away from this complimentary course it should be this: you aren’t going to brand coin fast by trading time frames nether the one hour and by rushing your trades.
You lot volition make money faster past being a patient trader and taking a daily-chart outlook.
Forex trading success is measured in months and years, not in days or weeks. Then, if yous call up nothing else from my website, remember that slow and steady wins the race.

What you will learn from me as your trading mentor.

online programsI like to think I am a bit of a “contrarian”, in my trading and probably in my everyday life to some degree too. I’ve often institute that if you do what everyone else does you lot’ll get what everyone else gets, and when it comes to trading, this arroyo simply doesn’t work. The fact is that most traders struggle to make money in the markets, they become frustrated, emotional, lose money, lose time, and by and large have no concrete trading strategy or forex trading plan. And so, if you desire to be similar most other traders who are obsessed with indicators and “magic” robot trading software, y’all will probably lose coin rather quickly, like well-nigh other traders.

I don’t saccharide-glaze anything, and my reputation has been built on that fact. So, what I will tell you is that if y’all choose to learn from me,  yous volition learn honest, long-term and sustainable toll activity trading methods. I will teach you lot how to read the natural cost dynamics of a cost chart and how to detect loftier-probability entry points within it. You lot volition develop a discretionary trading sense that will allow you to trade for yourself forever; this is a skill that you tin can acquit with you lot to not only Forex but to whatever market.

You volition never need a signal service or $5,000 trading form to teach you to trade, because I will teach you the only trading strategy you’ll ever need. I firmly believe in the old saying “teach a man to fish and you feed him for life”.  I don’t care what anyone else tells you, rigid mechanical systems volition always neglect over the long-run…y’all Demand to learn to READ and make sense of the price movement of the market place, and yous need to learn to ebb and flow with it. In essence, the market is dynamic and constantly changing, and then you need a trading strategy that gives you the ability to trade in this type of environs. A market place will change over time, and as a price action trader, you have the ability to change and adapt with it.

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In endmost:

I would like to extend my personal thanks to each and everyone one of yous who made it all the manner through this Forex introduction class. I promise that y’all now have a solid understanding of the Forex marketplace and Forex trading. Whatever path you make up one’s mind to have in your Forex trading career, I wish y’all all the best, and if you remember aught else from my website, remember that ‘elementary is better’ when information technology comes to trading.

If you lot would like to proceed learning almost the ability and simplicity of Cost Action, then you should consider my Professional Price Action Forex Trading Course and Trading Customs here. My Students get lifetime admission to all of my advanced cost action Forex Courses, video lessons, webinar tutorials, daily trade setups newsletter, live merchandise setups discussion forum, traders support line & complimentary ongoing course updates. For more information visit the Forex Course page here.

Delight Share This Beginner Forex Class With Your Friends and Pay Information technology Forrad.

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Spring Back To Start
– Forex Trading Beginners University

Syllabus Of All Chapters

Part ane: Introduction – What Is Forex Trading ?

Part 2: Forex Trading Terminology

Part 3: Long or Short ? Social club Types And Calculating Profits & Losses

Office iv: What is Professional Forex Trading?

Role 5: What is Fundamental Analysis?

Part 6: What is Price Action Trading Assay?

Role 7: Introduction to Forex Charting

Role 8: What Is A Forex Trading Strategy?

Part nine: Mutual Forex trading mistakes and traps

Part 10: What is Technical Analysis

Office 11: How to Brand a Forex Trading Plan

Function 12: The Psychology of Forex Trading

Part 13: Professional Price Action Forex Trading Strategies

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Nial Fuller

About Nial Fuller


is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His web log is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial’s Professional Trading Course hither.

Nial Fuller Professional Trading Course
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Source: https://www.learntotradethemarket.com/forex-university/forex-price-action-trading-strategies




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