The Authority’ on Price Action Forex signal chart. In 2016, Nial won the Million Dollar Trader Competition.
Nial Fuller’s Price Action Forex Trading Course. This page may be out of date. Save your draft before refreshing this page. Submit any pending changes before refreshing this page.
Please include your IP address in your email. Download Reversal Dashboard Indicator Scans All Pairs For The Greatest-Probability REVERSAL! Download Harmonic Dashboard Forex Indicator Scans ALL Currency Pairs For Powerful Harmonic Patterns! Download Trend Focus Indicator Beats Moving Average By A Long Mile! The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. Key market levels are the core foundation of all technical analysis and price action trading.
By focusing on the raw price dynamics and key levels in a market, we can remove the clutter and confusion that so many trading systems and strategies are full of, and instead trade from a clear and objective mindset. Note: All charts in this lesson reflect the daily time frame. Trading with the dominant daily trend is the primary technique I use to trade the markets. Much of my course is dedicated to trend analysis and teaching traders to trade simple price action strategies in the context of a trending market. We can look for price action signals forming near levels of support and resistance that develop as a result of the natural ebb and flow of a trending market. In the example chart below we have the daily GBPUSD showing about the last 4 months of data.
What I have done here is simply drawn in the obvious key support and resistance levels and then highlighted the valid price action trade setups that formed near these levels. Unfortunately, the market is not always trending, in fact it’s often said that markets spend more time consolidating and moving sideways than they do in trending conditions. Fortunately, with knowledge of how to trade simple price action setups from key levels, we can effectively trade range-bound markets as well. In the example chart below we see the daily EURUSD from about the end of May to mid September of this year.