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Price Action Trading Explained AudJpy March 12th 2016

Price Action Trading Explained AudJpy March 12th 2016

How to trade markets with price action

Price Action Trading Explained AudJpy March 12th 2016

12th March 2016 Trading 0

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AudJpy: Price Action Trading Explained

Hi guys, this week I want to focus your attention on this pair: AudJpy because, it’s possible to see the perfect price action trading signal, if price show this particular pattern near next strenght level.

Look this image:

audjpy possibile trade 2016-03-12 15-04-34

 

In fact price, in recent months (downtrend confirmed), formed lower lows  and higer lows, so if price reject this level (maybe form a pinbar or engulfing, one of these price action signal), we can look for a potential trade setup with a amazing Risk/Rendiment.

We’ll see in this week.

Certain that if you don’t have an indicator that analyzes 270 graphics in real time looking for the price action signals …. I don’t know how you can do that. Below you can see my price action indicator in action!!!!

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