We have already covered what is price actionÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â and in the previous session shared 5 tips about price action. In our previous Free Online Forex Training webinars you also learnt about the simple Price Action trading techniques Adrian uses to trade Forex, Comex and CFDs. And yes, we know they work if you follow the right trade psychology and stick to your trading journal! They Yagub came with his 5 Price Action Tips session, we are not done yet though!
So, now we've got your attention, folks, this is what this training is all about:
During the second part of the 5 Professional Price Action tools online free Forex Training, we will be looking into 5 major tools professional traders use to trade Forex which maximize their win ratio as well as minimizing their risk, thus helping their Risk Reward Ratio as well.
So, what are those Professional Price Action Tools?
- Minimizing Risk with Trend lines and Moving Averages
- Using Ranging Market to avoid trading
- Using intraday or weekly narrow ranges to catchÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â breakout entries
- Using False Breakouts to optimize positions
- Using trending markets to double up and look for continuations
Trading is a business! Just like in any business operations, traders also need to haveÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â a competitive edge over their competitors. Your competitors are not just other retail Forex tradersÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â but a number of Institutional Forex Industry participants. These institutionals vary from hedge funds, to banks, to brokers, to even gold exchanges at your neighborhood.
Thus, theseÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â Professional Price Action toolsÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â can give youÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â an extra edge over yourÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â competitors. But, you have toÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â learn them and practice them!
What are you waiting for? Register to our Price Action Trading webinar now! Places are limited to 50 participants only!
This webinar is sponsored by AtoZ Approved and FCA UK regulated Forex brokerÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â ADS Securities London.