STILL RIDING THE TRENDS Remember the few trades from few months ago, there are still running. Eurusd and eurjpy had a significant retracement, but luckily I was not stopped out, so i am still in and the bears are working for me. Look at the big ...

Pure Price Action Trading

Keep an eye on cable, price has broken the low of the year, sellers haven't been aggressive to drive price lower, watch out for false breakout and if it is, it will be a quick move up, price has visited these lows before and the reaction was a quick ...

Pure Price Action Trading

TRADING JOURNAL Recording all your trades helps you to look back and improve your trading. I posted last week about that. So when I talk of a trading journal i am not only talking about recording your P&L in excel, but i am talking about detailed ...

Pure Price Action Trading

IMPROVE YOUR TRADING As traders we always thrive to be the best we can.So it is very important to go back through your trades every month end to see where you made mistakes and figure out how you can enhance your trading from there.Go through your ...

Pure Price Action Trading

MAKE THE BIG BANKS AND BIG HEDGE FUNDS WORK FOR YOU!!!! Retail traders are very small and can't move price in forex, we know that the big players move the market and they mainly implement trend following systems. Since we know that we can't move ...

Pure Price Action Trading

BUILDING ACCOUNT CHALLENGE A lot of traders ask me questions like how small my account was when i started, when started to trade standard lots, they want to know how long it takes to build an account to become a full-time trader..etc. To answer all ...

Pure Price Action Trading

I don't need to sit on my desk because i trade from 60 minute chart an above, i set my entries, SL and targets and i don't need to fine tune my entries in the lower timeframes (LTF). LTF are just daily noise to me, the real trend and price momentum ...

Pure Price Action Trading

I agree with a few points there, it is true that when traders are in a trade, they look at the market differently than when they don't have a position. I think the fear of losing money makes traders emotionally attached to a trade, thereby making ...

Pure Price Action Trading

I usually like taking the second pullback again i will be watching momentum. I posted an article on trapped traders on my blog url

Pure Price Action Trading

UNDERSTAND THIS SIMPLE STRATEGY If you look at my previous posts, i posted a mechanical strategy that mimics my discretionary price action trading. I found price action to be very difficult to teach and i think traders will develop price action by ...

Pure Price Action Trading

All the answers you need I have highlighted in your post....you know your mistakes you just have to go and rectify those. You have an amazing win rate...which is even better than mine. I don't think you need a new trading strategy, because the one ...

Pure Price Action Trading

TRADING WELL Sideways rangy price action is the most difficult time for a trader especially a trend follower. Looking at most of the markets i trade, they are all in consolidation or moving sideways, this is the time that your patience is tested. I ...

Pure Price Action Trading

From my own opinion, looking at the chart i wouldn't have bought because the recent stronger momentum was down. I am waiting to see a new structure on this pair for me to take a trade...the quick movement after FOMC distorted the previous ...

Pure Price Action Trading

Its difficult for me to pinpoint where you are making mistakes because i don't know what type of a trader are you, what MM do you use, what risk reward you use etc. I just recommend you to go through all your trades, losers and winners and see where ...

Pure Price Action Trading

TRADING PSYCHOLOGY I have noticed that a lot of traders and articles talk about trading psychology as the most important in trading...some even say its about 90%. I will not say its not important, but i could say that it can be overrated. How can a ...

Pure Price Action Trading

Thanks, you can communicate on either the blog or here i don't mind. Hope you guys were not quote on the wrong side with the move after the FOMC meeting. Have a great weekend, back again next to rinse and repeat.

Pure Price Action Trading

I haven't stopped using it, some people found it to be too discretionary, thats why i introduced the BB start which is more mechanical and easy to follow. I have multiple accounts so i trade a few methods, but they are all trend following. Hope i ...

Pure Price Action Trading

No new trades so far this week, we still have trades from previous weeks which are short eurusd, eurjpy, euraud, aussie, gbpusd...long usdcad. You will notice that some of these trades will be held for many weeks/months, as long as they are moving ...

Pure Price Action Trading

SIMPLY FOLLOWING THE TREND Remember we have shorts on eurjpy, eurusd, since few week ago...we managed to add another short on eurusd yesterday and the trade have already reached our first target gaining 0.5%. We also took a long on usdcad, 1 st ...

Pure Price Action Trading

SIMPLE WAY TO TRADE Simple way to trade is to buy when price is moving up and sell when price is going down. But why do traders look for fancy complicated trading strategies, maybe because they want to look intelligent and impress others. In trading ...

Pure Price Action Trading