Price action is the best strategy for trade
Okay, Iâm not saying that I disagree with you, but enlighten us, oh wise one: Where/how does one learn the âprice action [that] does workâ?
You cracked the code a long long time agoâŚ
Just couldnât believe yourself that you done it that quick and easy.
Best
Not here on BabyPips. Not on any forum or website.
The answer is either:
[ol]
[li]Right on your charts. Pull them up and study historical data.
[/li][li]Find a mentor who is willing to teach you for free so you can be sure of their intentions. This will take months and possibly years off of your learning curve.
[/li][/ol]
Nobody who truly knows what they are doing will post their method for the world to see on a forum. Most of them keep to themselves, and a few will share with a handful of lucky traders.
Hereâs my theory. 
Becoming a successful trader isnât as much about finding a system, a method or a mentor, than it is about an individualâs aptitude in learning how to trade.
Is it possible that learning to trade has a lot in common with learning to play a musical instrument, or becoming a master woodworker, learning to ride a horse or doing crossword puzzles?
For example, letâs say we start with 20 brand-new students and for 12 months they play the same instrument, with the same instructor, the same lessons and the same hours of practice. At the end of the 12 months what do you think the results will be?
As a former High School Band trumpet player, my guess is weâd probably end up with a few superstars displaying real aptitude & talent. A bunch showing limited aptitude and average skills, and some with no musical aptitude at all. :56: Even with a âbadâ instructor the results would be on a curve.
Whether we like it or not, aptitude seems to play an important role in who becomes a superstar and who doesnât. Is there any reason to believe an individualâs aptitude doesnât play the same role in being a successful trader as it does in being a musician, a master woodworker, riding horses or doing crossword puzzles?
Unfortunately, you canât get aptitude on the internet. But believe it or not, everything else you need to learn about successfully trading FX can be found on the internet and for free. And not hidden in some secret corner. :44:
I agree with the sentiment but normally mastery of something comes with a concoction of elements, the major part being deliberate and sustained practice and actually relatively little to do with ânaturalâ aptitude.
Good call, and very true, proper traders, trade proper PA, not just pin bars, engulfing/2 bars, to be honnest, most of the time, I trade against these signals Fox and Fuller are âall overâ. And I usually get my profit while they get stopped out. Suppose I need them to sell at the areas I wana buy at to get my orders filled better hahaha
My man 
You are more than warm bro lol, ur defo on the ball. Remember, trade those pin bars, âmake sure they close within the previous candle!!â HAHA!
along with the engulfing bars lolol
darth
Hello
I use Fox method for trading because his thread was where it all started for me
I have tried looking for other PA patterns. Although I have been able to identify the âsimpleâ patterns like triangles. I have not been able to trade that successfully as I am not sure about how my entry, target and Stop loss should be.
I like to trade the 4h and daily charts
Could you please direct me to a place that could answer my questions. I have been on PA for about a year now and I understand the basics of the market in regards to support/resistance levels and rejection candles.
Also adamjn, do you have room for one more in your course yet? The day i saw your thread was the day you closed it 
Ahh, the easy way to trade lol.
The markets are full of patterns, very profitable patterns, at that. If you work out how to trade them, you will make money.
As for triangles and such, I usually only take them as analysis, as quite often, they false break, then go the other way, you need to wait for confirmation of everything, so say you have a rising wedge, in an uptrend, there is no way you can tell which side it will break, so you wait for the breakout, then wait for the signal candle to enter (that is the key 
)
I find H4 charts best to trade from, and I take levels from the daily. A while back, I started using Foxes method to see if it was better than my own, and, well, IMO, itâs not.
Also, imo, he trades candles wrong, say you get a pin bar, and the high breaks, thats no comfirmation what so ever that the market will continue in the direction you want it to go, the proper way to confirm a pin is by a candle closing after it in the desired directionâŚ
Take this setup for example, I am sure a lot of people bought it, but I sold it lol. A bullish engulfing/pinbar.
I sold it, all TPâs hit and then took the next setup which shelled!
Wow,
I never looked at it like that.
I learned the break of candle confirms candle but what you have said and showed in your picture seems valid.
Do you use any indicators at all like stochastic for overbought/oversold levels?
No, I use no indicators, as there is no such thing as overbought/soldâŚ
I will add a moving average from time to time.
Hi Adam,
Iâve been following along with your method as much as I can (IB, H&S + other patterns, MTF, etc) and my backtesting results so far have been very profitable, so many thanks for this.
I canât quite figure out how you made your trade decisions on the BUEB with the arrow on it in the attachment. The IB later on after the H&S was obvious to me but Iâm quite stumped on the other.
Can you add any insight as to why you took the trade and how you entered and exited?
Cheers,
Andy
Sorry but I have to say that I am really surprised what happens with all threads about price action trading. Price action trading works same as everything else.
I really donât know why adamjn sold EURUSD but it is his trading plan and I have nothing against it. But that doesnât mean that price action doesnât work ⌠price action work as everything else. That adamjn show one graph where he trades against trend on daily chart against huge bullish bar ⌠sell in oversold area on stochastic 1D chart that doesnât mean that trading with trend is nonsense, trading bullist pattern is nonsense and buying in oversold area on stochastic is nonsence because adamjn trade against this all and earn money. Forex doesnât work in this way. I donât like Jonathons thread and his trading method same as Nial Fuller (which is basically same) but that doesnt mean that it doesnât work. Showing one graph where this method doesnât work is ⌠sorry but it is stupid. It is same like showing someone, who doesnât know who is Messi, football match where Messi didnât score and told him: âMessi is looser he is horibble player. Look he doesnât score in this matchâ That is great but you forgot admit that he scores 60 goals in season. Same with example where price action didnât work ⌠what it mean? Nothing. But how I said that is nothin against adamjn I only say that it can do everybody ⌠show cases where method doesnât work ⌠and what? Well probably nothing because I can tell you that you always find cases where mothod doesnât work ⌠that is NORMAL ⌠nothing else.
Same as jadd806. He only post that price action doesnât work because big players trade against them. Nonsense. That is of course not true. Maybe in some case but in basic this idea is rubbish. And if it is true ⌠why he is still looking working strategy? He has best trading strategy in the word ⌠trade against all price actions. Donât know why people agree with him because he is making the basic mistake ⌠looking for Holy Grail which doesnât exist. Just think about it. On forex are people who use thousands strategies and you think that if you lost trade it is because world is against you ⌠I donât think so. Forex is forex nothing more nothing less. If you look to history price action was using always if you think that it doesnât works now because someone post chart where they donât work and because someone said that price action is not a holly grail ⌠well if it is for you enough to stop using this strategy ⌠then I doubt that you will ever find something better.
But I must say that it is revolutionary idea ⌠great pin bar on great level with strong trend and oversold level on stochastic and people say ⌠trade against this signal because this signal doesnât work (it works tens of years but in year 2014 it stops working) and because big players trade against this pin bar and because world hates you, all people are against you and because it is monday and on monday all people in the world have tantrum because they must go to work and all of them want to sell and not buy and because a wear black T-shirt which mean that you loose money if you will trade. No believe me world is not against you ⌠in fact world doesnât care about you same as big companies donât care about you. You believe that all retail traders use price action? Of course not ⌠but in your eyes national banks are not focus on people who use stochastic oscillator ⌠they are focus on people who use price action because they hate people who trade pin bars ⌠really funny idea.
I only trade using price action. Do you actually understand what price action is? (Not being rude)
Ok, so here is another trade, where buying a bullish engulfing would have hit the SL⌠Me and my students sold this one too 
I have no clue what you mean in the last paragraph, but from what I gather, you think I trade against all PA signals?? I actually use price action to analyse the market and work out where it is going to move next, so if i see a bullish pin bar, i donât really care, I will wait for a proper signal to go long/short.
too true my man
This thread has gone awfuly quiet. Wonder why�
Here is a pattern Iâm hawking;
USD/CHF 4H
A breakout could yield a long way.
Best
Hi all - when Aaron talks about âproxy candlesâ what does he mean? From reading through the thread he doesnât have similarly strict criteria for qualifying a proxy bar like he would a candle he was going to trade as a signal.
Hopefully aaron will swing by and add to the discussion on this one too
Cheers
GBPNZD daily timeframe evening star. (well atleast I think it is an evening star)
Happened on good resistance level as shown to the patterns left.