Forex Trading Scalping

Forex Price Action Trading:High ROI Scalping Chart Set-Up

Get a FREE Copy of How to Catch the Huge Market Moves Here
http://10xroitradingsystem.com/freebook

Blog: http://10xroitradingsystem.com/main
Ebooks: http://10xroitradingsystem.com/trading-ebooks
Video Course: http://10xroitradingsystem.com/high-roi-video-course
Forex Price Action Trading:High ROI Scalping Chart Set-Up

Here is a video showing how I set up the charts on the Eur/Usd for the high ROI Scalping System. You will see that even though I am using the hourly charts with a five minute entry system I start with the monthly charts just as I do when I am looking at my other price action trading systems. I use trendlines, horizontal support and resistance and my proprietary set up the push-pull candle pattern to find improtant levels in the market using the higher time frames. This provides a color coded map of the market that amkes it easy to navigate when I drop down to the hourly charts to look for forex trades.

Here are some resources on price action forex trading

http://en.wikipedia.org/wiki/Price_action_trading
http://www.forexfactory.com/forum.php
http://www.dailyfx.com/technical_analysis
http://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2013/10/04/Four_Simple_Ways_to_Price_Action.html
http://www.babypips.com/school/

Articles You May Like

How I Retired At 21 Day Trading Forex
EUR/USD falls below 1.13 as the euro follows the pound lower
Apple falls away from the 200EMA on the Daily Chart
AUD/USD Bullish Sequence Sputters Ahead of RBA Minutes
Price Action Trading Strategies 11-13-2018

Leave a Reply

Your email address will not be published. Required fields are marked *