Price Action, Candlesticks, and the Story They Tell

[QUOTE=“fxmusa;591572”]DnB Price Action , The Forex Guy’s Price Action Trading Strategies it is your new web side ?? there is any other blog page in other side ? please info us to follow u all time. regards musa[/QUOTE]

That is their new website.

Hey fxmusa, that’s where the site has been moved to. I am not sure if I can change my name on babypips. The old site should redirect you there anyway.

Have you guys seen the monthly chart on the AUDNZD?


AUDNZD has been on an absolute terror of a downtrend the last few months, it seems like nothing is able to stop the trend in it’s path. If we have a look on the monthly chart we can see prices have not been this low since 2005! Although we did come close during the 2008 market crash.

The monthly support level being tested is basically the market bottom, it’s where the AUDNZD has reached its lowest points and reversed. This major turning point on the chart is a very significant factor for us price action traders. We are watching for any strong bullish signals that indicate the level is holding strong and to identify any bullish trading opportunities.

This is counter trend trading, which is risky but does pay off if it works out. It’s best to wait for that powerful counter trend setup to form before taking action, don’t chase price around the charts hoping to hook line and sinker a move, you will probably only hit a snag.

I am very much happy of DnB Price Action. Fake Inside Bar system ( Up/Down Trend Market) is very powerful system which is learn from DNB. Now i am trading all time this system and now i am profitable. thanks DnB again. musa



eurusd did early asia false bo,now london comes online,so reverse trade trigger can occur.

[QUOTE=“fxmusa;591973”]I am very much happy of DnB Price Action. Fake Inside Bar system is very powerful system which is learn from DNB. Now i am trading all time this system and now i am profitable. thanks DnB again. musa <img src=“301 Moved Permanently”/>[/QUOTE]

Nice Post… Any recent trades that you can share would be helpful. What timeframe have you found most effective?

I am very much happy of DnB Price Action. Fake Inside Bar system ( Reverse trend ) is also a very powerful system which is learn from DNB. thanks DnB again. musa


jwilldunk’s
This system i can use various pair and various time frame.
Today Please see the AUD/ USD and GBP / AUD 1 h time frame Fake Inside Bar System ( Reverse trend ) make 200 + pips.




Fake Inside Bar system ( Reverse trend ) USD CHF day 1 . now 60 pips

[QUOTE=“fxmusa;592188”]jwilldunk’s This system i can use various pair and various time frame. Today Please see the AUD/ USD and GBP / AUD 1 h time frame Fake Inside Bar System ( Reverse trend ) make 200 + pips. <img src=“301 Moved Permanently”/> <img src=“301 Moved Permanently”/>[/QUOTE]
Hello FXMUSA - thanks for the reply… How long have you been trading PA and using D&B’s methods? Are you a full time trader?

Jwilldunk

thanks to reply ,i am trading PA system for 3 years+ . but D&B methods is good methods for trading as i use only 6 month. but D&B methods is very help full and profitable for me as so far. i am very happy. thanks D&B again


eurjpy got breakout in early asia session , breakout trap and reverse trade may trigger

Just revisiting the AUDNZD daily chart…


There was a failed downward breakout level on the monthly level which is nice indictaor that the market was respecting the monthly bottom. A small bullish rejection candle was printed, alone not a very good signal but when coupled with an epic turning point like this I couldn’t resist.

Just keeping an eye on the trade still because a large bearish rejection candle formed. I am expecting some sort of retracement but anticipating the mean value will hold as dynamic support near one of the swing levels.

It’s NFP tonight so things are going to get a little crazy anyway.

Hey fxmusa, this looks like a very similar setup but our breakout trap & reverse setup doesn’t involve an inside candle though.


waiting for sell signal… at swing level

thanks to dnb come and make some speech, in your Breakout Trap and Reverse Price Action Strategy, i see a system that i apply now various time. although there is lot of system. but i like this system very much.


Hi, just to say I jumped onto the website and really enjoyed reading the articles over there, covering lots of relevant topics not just price action specifically. Nice job :slight_smile:

Thanks Hutchpod,

Although I am very passionate and dedicated to price action trading, there is more to trading than the technical system. You can have the best technical trading system in the world, but if your mind-set and money management is wrong, everything is going to work against you.

Watch the GBPUSD next week…


GBPUSD closed quite aggressively into highs for the week, a very bullish week which drove the bullish rejection trade into nice profit. Price has closed right on a weekly resistance ‘area’. On the weekly chart you can see this general area on the chart is a big turning point. Because there is a gap in the mean, I will be watching for breakout traps above the weekly level. Any demonstration that price movements above the weekly level are denied could be a good shorting opportunity.

We need to wait for a price action signal to develop first, I don’t think there is an edge blindly shorting these levels. confirmation is really important.

but if your mind-set and money management is wrong, everything is going to work against you. i agree 100%

I have been looking at the GBP/AUD pair recently. Last week’s Friday NY close resulted in an inside bar with a slightly bearish close/bias. Today has seen a very small false break of the highs of that inside bar and then prices have been pushed down lower.


Will have to see how today’s candle closes to see if I can trade this pair short in line with the bearish trend.

I have been looking at the GBP/AUD pair recently. Last week’s Friday NY close resulted in an inside bar with a slightly bearish close/bias. Today has seen a very small false break of the highs of that inside bar and then prices have been pushed down lower.

Did you end up getting into the GBPAUD trade? It looks like the market is weakening, the GBP is looking very week also so shorting GBPAUD seems pretty logical.

Just an update on the GBPUSD …

GBPUSD closed quite aggressively into highs for the week, a very bullish week which drove the bullish rejection trade into nice profit. Price has closed right on a weekly resistance ‘area’. On the weekly chart you can see this general area on the chart is a big turning point. Because there is a gap in the mean, I will be watching for breakout traps above the weekly level. Any demonstration that price movements above the weekly level are denied could be a good shorting opportunity.

We need to wait for a price action signal to develop first, I don’t think there is an edge blindly shorting these levels. confirmation is really important.


The GBPUSD did end up dropping a strong bearish pin bar at the weekly resistance level. In terms of countertrend setups I think all the boxes are ticked. The rejection is quite large and the day did close much lower than it’s open. Although this signal is ‘picture perfect’ don’t assume that’s a 100% chance it’s going to work out. Please maintain properly money management.