Categories: Forex

Tradeciety Forex Training

Tradeciety Forex Training – Price Action Course Free Download

We talked a little bit about market selection in the past but it’s important that we are clear about this very important topic. Most traders make the mistake that they want to trade all the markets all the time. The best traders have a deep understanding when their method works best and when to stay out of the markets. Please watch the video first and then read the bullet points and the case studies below for more information.

Let’s recap:
▪ As reversal traders, we need a strong trending market before we can start looking for a reversal
▪ Trend waves with 1 trend wave are called V-tops and V-bottoms and should be avoided
▪ We don’t trade range markets on our execution timeframes
▪ We need at least 2 trend waves in such a trend before a high probability reversal can happen
▪ Trend with very deep retracement waves should be avoided – there are some exceptions as we will learn later

Case studies – good vs bad markets
Keep in mind, as reversal traders we look for strong trends with multiple trend waves and a good trending structure. Here are a few examples of good vs. bad market. Don’t fully understand all the principles yet. In a later module, I will lay out my whole screening process for you step by step and we I will walk you through my watchlist process.

Bad market – range and V-bottom
Here are two classic example of bad market structures. First, price trades in a large range without any trend action. Then, when price leaves the range, price drops like a strong in one single line. Such V-bottoms have to be avoided because they don’t offer high probability reversal setups.

leader

Recent Posts

Discover gay men whom share your interests

Discover gay men whom share your interestsSingle gay men may be a terrific way to…

15 hours ago

Couples hook up site – find your perfect match now

Couples hook up site - find your perfect match nowAre you finding a fresh relationship?…

17 hours ago

Leading 5 Adult BBW Dating Sites (2023 Updated)

photograph origin: yahoo If you are a mature BBW, you might find yourself facing problem…

1 day ago

How to get started with milf dating in bundaberg

How to get started with milf dating in bundabergIf you're looking to start dating older…

2 days ago

A unique dating experience for wealthy females and men

A unique dating experience for wealthy females and menA unique dating experience for wealthy people…

3 days ago

Backup completed for tradingcourses.download

Content-Type: text/html; charset=us-ascii Hello, A backup archive has been created for tradingcourses.download. Backup details: Estimated…

3 years ago