Hi
Is their anyone her who teaches price action trading? and sharing their trades.
Here I am thinking that one would use the H4 timeframe for direction/resistance and then go on a smaller timeframe, 15m probably to take the trade.
I wonder if you’re running ahead with the answer you want to find rather than the right answer to the right question.
Surely the right question for a new trader is, “How can I make money trading?”?
welcome we here . i do train though virtually. in anyway, price action is a combination of more time frames… you cant selectively start from H4 and head down without put a serious eye on daily or weekly. it takes time to embrace that , but it works wonders when you get it
Hi, I know a guy on the net his name is Nial Fuller, Regards Greg
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I look to make most of my daily money from 8:30 to 12pm. I trade earlier in the morning, but volume and price bounces tend to happen between 8:30am Eastern US through 12pm. Since I have to stick to the rules we in the USA, I look at 1H and 4H on Mondays and Tuesdays to assist with trend because I can keep trades open until Friday afternoon. Wed and Thurs I look at 1H only for trend and go to 15M to enter.
It worked beautifully for EUR/USD this morning… I placed the buy at 9am and cashed in by 11am.
That’s been working for me. But I’m sure I’m not alone in saying we all change things up from time to time.
As for price action trading, the best thing I’ve found is waiting for price to hit a support or resistance level, then wait for the bounce, then the retest, then enter. Then you will be playing like the big boys.