Forex factory trading discussion

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Here’s an example of a doji candlestick confluence with the dominant downtrend, as if formed telling you to sell the market with the trend. This short trade setup had 9 factors of confluence supporting it :

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#8: You can wait for price to go back up to test the broken neckline (which would now act as resistance level) and when you see a bearish reversal candlestick  pattern, go short (sell) as this example below shows:

Forex Factory

Make sure to check out the prospective broker’s bonus offering. Often they will provide you with some kind of extra bonus with your first deposit. Some of them also offer other types of bonuses for you as a loyal customer. Make sure to understand the terms and conditions connected to the bonus.

Price Action Trading Course (LEARN FOREX PRICE ACTION)

If you could simply read the charts well enough to be able to enter at the exact times when the move would take off and not come back, then you would have a huge advantage.

Learn To Trade The Market » Professional Trading Education

Many traders once they see that the double pattern has formed and the neckline is being tested, that’s when they get in as soon as a breakout happens.

Meet FPA's forex giant Jarratt Davis, who after returning % over a period of 6 years with ultra low leverage, was ranked by Barclay Hedge #7 in the world within his forex trading category!

See chart below for this: if you see a support major support level and  price is heading down to it and at the same time, that support level is coinciding with an upward trendline…

If we get the direction wrong, we lose money, we get it right, we make money. Simple as that. So everything you are going to read here is about trying to get that direction right before you place a trade.

If the domicile of your forex broker is in a major country with well-developed financial regulation, this legal infrastructure can often help you recover your funds if problems arise. Make sure to double-check the domicile of the company even if the address looks reputable. Sending your money to an online forex broker based in less well-regulated places like the Bahamas or Panama may not be in your best interests. Trying to exert your legal rights in a foreign jurisdiction can be a daunting task, especially if there is no regulatory oversight in the background to support your effort. Avoiding forex brokers with a dubious base of operations will actually help narrow down considerably the search for a reputable broker! And you want to save time, right?

dude, this is hands down one of the best blogs, if not the best blog I have ever seen on price action. Thank you so much for your time, efforts and enormous generosity in sharing it for free with the trading world. I like it so much that I have bookmarked it to refer to it again and again as part of my must keep and review again and again trading library. A HUGE thank you to you

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