Dear traders
Here I will share my price action trading strategy starting from very basics.Initially,I thought rather than putting lengthy boring details,I will directly share core strategy to the point.Then,I decided against it realizing it will not help anyone in long run.So,I will share holistic trading journey right from the beginning to sharing signals which involves hourly to daily price action trading strategies for forex training purposes.
For now,it should be enough to disclose almost 80% of weeks are positive since last 26 months of my pure PA trading.
I know there are already some great PA threads and I also have followed them in past.But somehow down the line they have become a bit lengthy and tedious to be followed by a newbie.The main core strategy has been dug deep down.
The strategy I follow is mainly intra-day though I trade long term signals.
Here we go!!
Believe me the core strategy can be described in 2 lines but that will not take you anywhere. So, newbies are advised to read through the below carefully.
This is not bla-bla
You must be thinking you know all this bla-bla about psychology,money-management, patience might be important and you already know it.
Show me the real stuff!!
I also used to think same 5 years back;when I first began trading.Desperately searching for trading methods, questioning forum posters about their strategy believing someday someone will share his secret the way to consistent profit and ignored anyone saying boring stuff like psychology,patience,odds, money management as BS.Please mark my words carefully in following posts to reduce your learning curve from years to months. Whatever be your strategy or some statistical pattern!!
To be continued...
PS:I am aware of the fact that we have got many old guys here who might find the initial build up repetitive or boring. But, I will try to make this thread complete in itself so that it can be followed by a beginner.So,bear with me in initial stages.
Here I will share my price action trading strategy starting from very basics.Initially,I thought rather than putting lengthy boring details,I will directly share core strategy to the point.Then,I decided against it realizing it will not help anyone in long run.So,I will share holistic trading journey right from the beginning to sharing signals which involves hourly to daily price action trading strategies for forex training purposes.
For now,it should be enough to disclose almost 80% of weeks are positive since last 26 months of my pure PA trading.
I know there are already some great PA threads and I also have followed them in past.But somehow down the line they have become a bit lengthy and tedious to be followed by a newbie.The main core strategy has been dug deep down.
The strategy I follow is mainly intra-day though I trade long term signals.
Here we go!!
Believe me the core strategy can be described in 2 lines but that will not take you anywhere. So, newbies are advised to read through the below carefully.
This is not bla-bla
You must be thinking you know all this bla-bla about psychology,money-management, patience might be important and you already know it.
Show me the real stuff!!
I also used to think same 5 years back;when I first began trading.Desperately searching for trading methods, questioning forum posters about their strategy believing someday someone will share his secret the way to consistent profit and ignored anyone saying boring stuff like psychology,patience,odds, money management as BS.Please mark my words carefully in following posts to reduce your learning curve from years to months. Whatever be your strategy or some statistical pattern!!
To be continued...
PS:I am aware of the fact that we have got many old guys here who might find the initial build up repetitive or boring. But, I will try to make this thread complete in itself so that it can be followed by a beginner.So,bear with me in initial stages.