5 Step Forex Price Action Trading Strategy. Course Content Explained: Support and Resistance Zones, How to Enter, How to Buy and Sell.
Step 1: Identify the Trend. Uptrend = Higher Highs + Higher Lows. Downtrend = Lower Lows + Lower Highs.
Step 2: Identify Clear Directional Movement within the Figure Levels.
Step 3: Identify Where Price Breaks a Support and Resistance Zone.
Step 4: How to Enter. Buy or Sell Entry (Look for Reversals at the London Open, at the Support and Resistance Zones).
Step 5: Optimize Your Entry. Set an Ideal Take Profit and Stop Loss, while satisfying our Minimum Reward to Risk Ratio of 2 to 1.