image On USDCHF right here on my platform looks like its a bearish breakout trap that could drive price up to the nearest resistance. The exact mirror is what is happening on EURUSD except for the fact that its too close to the nearest support. ...

Simple, Powerful and Effective Price Action Trading Strategies

Hello DALE WOOD thanks a thousand time. Your explanation is clean, clear and straight forward, now I get a clearer picture of the mean reversion trading set up. Concerning the article on star war and fx trader, I have read it but I must read it ...

Simple, Powerful and Effective Price Action Trading Strategies

Thanks DALE WOOD although for now I drill myself to trading with the trend only but I do analyze a counter trend trade set up but is not all that I trade because I am trying to get firm hold of the rhythm. But I noticed that sometimes you don't take ...

Simple, Powerful and Effective Price Action Trading Strategies

I must confess to you DALE WOOD you have helped in clearing a whole lot of trading jargon moving in Brownian motion in my head. For three month now I have been consistent in my trade looking back at my trade history its really been lovely like never ...

Simple, Powerful and Effective Price Action Trading Strategies

Good day Dale Wood I always appreciate your way of reading the chart. I just notice a descending triangle on USDJPY Daily chart. The break out may be very aggressive. What is your take on this?

Simple, Powerful and Effective Price Action Trading Strategies

Interestingly CADJPY had just broken out of its daily range, waiting for a retest of the resistance turn support level and then join the bullish train with respect to the price action

Simple, Powerful and Effective Price Action Trading Strategies

I am watching the same level on USDCAD thanks for the update it makes my confidence in the level I am looking at to be stronger. I have a question though, based on the EURAUD you posted on April 7th I thought the entry should have been determined by ...

Simple, Powerful and Effective Price Action Trading Strategies

image Here is my observation on CADCHF yesterday's price printed an inside day candle the breakout may push the price up to the nearest swing level (0.7915)

Simple, Powerful and Effective Price Action Trading Strategies

thanks BOSS really appreciate your comment but like you said anything can happen because that rejection candle at weekly resistance is really yelling at me, LOL. I don't know the money management technique you teach but I was able to close out half ...

Simple, Powerful and Effective Price Action Trading Strategies

Sorry for my late posting. I noticed USDJPY yesterday I tried posting it here for discussion but my server went down so I could not post it. What I am looking at was a powerful rejecting candle at a weekly resistance level my entry triggered at 50% ...

Simple, Powerful and Effective Price Action Trading Strategies

Did anyone observe what is happening to EURCHF? Look at the double inside candle on the weekly chart, my BOSS love this kind of set-up as the breakout is often powerful. image The same situation present itself on the daily chart as shown ...

Simple, Powerful and Effective Price Action Trading Strategies

Here is the situation report on my EURUSD wedge breakout. So far I have locked in 100+ pips. Will the nosediving reach 0.91....? Only price has the final say lets watch

Simple, Powerful and Effective Price Action Trading Strategies

Ok I think I got it fixed

Simple, Powerful and Effective Price Action Trading Strategies

some one help me please my CHART is not showing when I post I don't know what is wrong

Simple, Powerful and Effective Price Action Trading Strategies

Yeah BOSS I caught the move but your entry is far better than mine. I think I have just added something new to the way I will be trading this kind of set up hence forth

Simple, Powerful and Effective Price Action Trading Strategies

Did anybody catch this sell trade on the EURAUD - retracement trigger got hit this week... image You can see more about this trade here[/quote] Yes BOSS I did but not with the 50% retracement, this I am adding to the way I enter market. Talking ...

Simple, Powerful and Effective Price Action Trading Strategies

I am not good at fundamental analysis, can you give a kind of preview of the fundamental implication on EURUSD?

Simple, Powerful and Effective Price Action Trading Strategies

The point I think Dale Wood is trying to make here is not to over analyze the chart by trying to look into every details which might lead to have many lines on the chart. " It is interesting to note that price is struggling at precisely the level I ...

Simple, Powerful and Effective Price Action Trading Strategies

EURUSD had finally broken out of its wedge (symmetric triangle). If there is no any political or serious fundamental hindrance, those could nose dive to as low as 0.91_ _ . I might be wrong though because am still learning to trade this way. Any ...

Simple, Powerful and Effective Price Action Trading Strategies

GBP/USD caught my attention but I don't know what the PRICE ACTION wizards have to say about it. From my observation I think the bullish price rejection candle may move up to somewhere around 1.57_ _

Simple, Powerful and Effective Price Action Trading Strategies