This week I held three Price Action webinars showing you how to use Price Action to trade reversals in Forex.
(If you missed the webinars – I showed you how you can harness Price Action to take awesome reversal trades and make consistent profits. The techniques I shared require no indicators and very little chart time).
How to Use Price Action to Trade Reversal Trades (With Up to 80% Accuracy)
Today, I’m giving you my Price Action secrets. I’m going to share the three NEW webinars where I reveal an awesome strategy that will help you spot and take reversal trades, and trade without indicators.
(Yes, you can trade Forex without using indicators!)
The truth is, if you learn – and actually implement – what I am sharing with you today, your trading will improve immensely.
So watch the videos:
Lesson 1: Using Candlesticks to Spot Reversals
Did you like that? Then do me a favour and hit the ‘Thumbs Up’ button in the top right corner of the video!
And up next is…..
Lesson 2: Placing Support and Resistance to Confirm Reversals
Like the webinar? Well, let people know by hitting the ‘Thumbs Up’ button please ;-D
Next I am going to put it all together for you…..
Lesson 3: Spotting and Trading Awesome Price Action Reversal Trades
Do you know the best part about Price Action reversal trades?
You do not need to spend eight hours a day trading.
Trading these techniques on four hour, eight hour, or daily charts can be done in as little as an hour per day.
If you trade eight hour charts you only need to check your charts three times each day (check the new candles) for setups. If you have very limited time, trading the daily charts only requires you to check your charts once per day.
Watch the webinars, and leave a comment below letting me know how you plan on using the techniques I showed you.
If you liked this video, signup for the Forex4Noobs newsletter (like more than 23,291 other people)…
…and you’ll get more videos and webinars just like these ones (Plus exclusive material that I only share with email subscribers).
It’s free.
mehrdad
Thank you Nick.You are a great teacher, I’ve found my way.
Nick
Thanks mehrdad
Raja KS
Awesome Nick…Everything in one article. You’re the best
Nick
Haha, yeh, its a big article. Thanks for the comment.
peter
It’s simple and it works . Thanks Nick
Nick
Thanks Peter!
Zakaria Yusop
hi nick how many trade can I trade in 4hr/daily time frame in a mth?
Nick
Depends on how many pairs you monitor. You could do around ten per week if you really want to.
Deman
Thank you nick for clean sample strategy explanation.
After watched all your video now got more confident to trade.
majed
Thank you nick strategy .
Gautham
Mindblowing article Nick. Glad I found that.One small doubt , will you take a trade when indecision candle form against the trend.
John
Thanks for the videos Nick, until I can get into the next course, I will practice applying S+R lines, then spotting a trend followed by indecision in these areas, Cheers John
mosah
Hi Nick Where are you? Are you still active?
Nick
Yes, I am active.
graham
Hi, Nick!
For anyone intending to enter trading into the forex market your teaching is invaluable. It simplifies
and reduces the time required to “learn” the market. Throw away all the “books”, listen to Nick and learn.Practice what he teaches!
Many thanks Nick and ‘bon courage’ to all who follow you.
graham
Nick
Thanks Graham!
Guest
Hi Nick.
Thanks for great teaching.
I have a question. I need to know how do you find you res and sup lines? did you use any tools. how did you draw that lines??
Nick
Did you watch the video? I explain how to find support and resistance areas in the second video. I do not mean to be rude but you should actually read the article and watch the videos before asking questions.
James
Hi Nick,
Have been trying your method and so far more loses than wins but that’s because they weren’t perfect setups. It can only get better, good stuff.
Quick question, do you only trade if the trend came from the previous support resistance area before reversing, or will you trade if the current trend came from midway between the areas (e.g. an uptrend reversed midway between areas then showed indecision at the resistance area looking to reverse and break through, would you trade then or skip?).
Thanks Nick, looking forward to more and now following you on twitter :)
Nick
James, the last two weeks were pretty bad with all the news from Syria impacting the market. However, this week has been fantastic. So if you took a few bad trades recently it could be due to the bad weeks we had. On the bright side they were the first truly bad weeks I had this year!
Samuel
Hi nick, i have been following your strategies and have been trading reversal. And i love your strategies whereby i have watched all your videos over and over again but the thing is i still dont really know when to enter into a trade so i find trades are pretty hard to enter and most of the time i did what you said such as putting sl on top of the indecision candle if im taking a short but most of the time it still hit my stop lost. So i am hoping to learn more about the advance reversal trading to reduce my losses. Therefore I’m really hoping to see new videos and more advance teaching on the reversal trading to enchance my trading skills in the near future. And if there is a new advance course in the near future i will be more than happy to participate. Anyway thanks alot for all your effort its been a great help to the community.
Cheers.
Samuel
alvasage
In forex trading you pay only the bid/ask spreads, you dictate when to trade and how to trade, You can trade on leverage and you don’t need a lot of money to get started.Forex price action is to build a solid foundation on the core principals of Forex.
Mohamed Tarek Tarek
thanks for this great post and the price action is one of the best
agnnis
Nice article found great help here now I can do well at avapartner.
LEO
Right on the money, keep it simple support, resistance and price action I been trading like
this for the past 7 years, works like a beauty….
Dave Robinson
Absolutely brilliant
Michel
Hi Nick how can I get the 8 hrs chart on the metatrader? Than you
Michel
How to get the 8 hours time frame? Thank you
md mamun meah
how to trade reversal….. please send me this secret link.i see your
many vidos. it was great
md mamun meah
hi,you are great.
Patrick Hensley
Good stuff! Thanks for the S&R info. I have gotten away from it and it was just nice to sit and go over it again.