if they are entering the market at exactly the wrong time. Trading it on lower time frames also works, but as with most strategies, the lower the time frame, the lower the win rate. So heres the opportunity for you to capitalize on a fade. Its one of the strategies Im actively trading and its by far the one with the least moving variables. It might very well be that the level of the nose is exactly at a strong zone of previous support or resistance. This ensures that my equity curve increases smoothly and potential drawdowns will never get too large.
What you should avoid are M and W patterns where the price has. Welcome to the Price Action Course and the six-mod ule Price Action Strategies. Well, in this lesson I m going to teach you how.
What comes after this period of accumulation? Retail traders are figurative flies on the wall. Our single goal should be to track when the banks are entering the market and what position they are entering. And if you are looking at a double top or a possible double top, for example, on the higher timeframes, it might take a week for it to form and it might not break at all. Okay, traders, so this is the EUR/GBP one-hour chart and as you can see right now we are at a very low.7382.
M&w forex strategy