This journal provides a record of trades entered through Price action analysis alone. The thread is [principally] for my education although I am happy to share my experiences with other FOREX Factory users in the hope that they may also gain something from my Price Action journey. Throughout this thread I will be conducting my analysis in the higher time frames, my aim being to "slow the process down" and attempt to gain the advantage of potentially greater price movements over time.
As a UK resident I will be trading a Spread Betting account so that I may take advantage of the tax status; this approach may result in a slightly different risk and trade management technique to that employed in a Standard account. However, for clarity, I will explain my trade objectives and management.
I welcome questions and comments but do ask you to be respectful of errors (as I say, this is a learning process). Any contributor who is offensive, either to me or any other FOREX Factory user, will be blocked - no second chances...
As a UK resident I will be trading a Spread Betting account so that I may take advantage of the tax status; this approach may result in a slightly different risk and trade management technique to that employed in a Standard account. However, for clarity, I will explain my trade objectives and management.
I welcome questions and comments but do ask you to be respectful of errors (as I say, this is a learning process). Any contributor who is offensive, either to me or any other FOREX Factory user, will be blocked - no second chances...