Forex Price Action for Beginners : Mistakes to Avoid in Trading
This video’s content is for educational purposes only and should not be taken as financial advice. Viewers should conduct …
jobalertshop
May 10, 2024
jobalertshop
May 10, 2024
jobalertshop
May 10, 2024
jobalertshop
May 10, 2024
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45 Comments
@TradingStrategyTesting
May 10, 2024 - 4:12 pmDid you pass the challenge today? π€
@aboodomar5003
May 10, 2024 - 4:12 pmIn my opinion was the loss of momentum of the sellers didn't really look into the events just the price action
@babarali8430
May 10, 2024 - 4:12 pmA retracement was expected after long impulsive move decresing in strenght and finaly with a MSS. I passed the test π
@xion_yt7
May 10, 2024 - 4:12 pmPass
@kuyamarkofficial6938
May 10, 2024 - 4:12 pmPass
@mfarooq56
May 10, 2024 - 4:12 pmAfter the double bottom buy next candle, stop 1 % below double bottom. Kiss.
@karitheproducer4062
May 10, 2024 - 4:12 pmThe market has already done a double bottom and had broken the neckline, also it came back for a retracement and formed a pin indicating that buyers are now getting to be in the market. Maybe you should remove all indicators so they don't blind you again.
@josephrauschkolb6172
May 10, 2024 - 4:12 pmYou missed the action and the double touch at the bottom of the downtrend.
@Alexander_33999
May 10, 2024 - 4:12 pmLiterally this is first channel where i was Right and channel owner was wrong i love you bro for your pure honesty β€
@BrokeGains
May 10, 2024 - 4:12 pmπππ was not expecting that comments lmao feels like this morning
@MAAZ01992
May 10, 2024 - 4:12 pmi did buy
@adamcollins9293
May 10, 2024 - 4:12 pmI tend to focus on the bb especially when they flatline. Typically they will trend significantly higher with matching candle pairs or teams.
@RoyaltyInfo
May 10, 2024 - 4:12 pmYess i did pass it, that was a good one thoughππ₯
@mellal50
May 10, 2024 - 4:12 pmthe 222 entry strategy, break the 200 MA, if the third attempt to bring the price back above 200 MA fail then its bearish trend.
@hadeedyaqoob2991
May 10, 2024 - 4:12 pmYou ignored the break down of downtrend, you should have to wait for the bounce back from 200 ema.. in my opinion.
@FJX716
May 10, 2024 - 4:12 pmI was honestly gonna pass but part of me was looking at the flat level following the downtrend and thought maybe it could be bullish if it continued pass the 200 moving average.
@jaymadeway
May 10, 2024 - 4:12 pmi was right π you didnβt peep the choch
@damienwatkins5962
May 10, 2024 - 4:12 pmDidnβt look at the price action cake once green bullish candles hit that sensitive sell area you should have made a trade then
@anikchoudhury7066
May 10, 2024 - 4:12 pmSee basically the selling became weak and in oder to continue the further down trend then market has to comitive making lower low structure but instead of that made a w. And once it breaks the neckline there will be short covering
@fidesedquivide3486
May 10, 2024 - 4:12 pmI don't like any such posts without mentioning time frame of the chart.
@EEEEEEEEEEEEEEEEEEEEEEEEEEEE8E
May 10, 2024 - 4:12 pmBarish flag pattern at the end
@XrpBTC-zq2mi
May 10, 2024 - 4:12 pmI was right
@aviboomboom
May 10, 2024 - 4:12 pmRed candle is actually still in an uptrend
@adigidamark9520
May 10, 2024 - 4:12 pmPrice started making an higher low. I would have placed a trend line because of the higher low and wait for either break of the trend line to the downside or I wait for CHOCH since the immediate trend is bullish
@nirmitpi1494
May 10, 2024 - 4:12 pmRetest previous high ( liquidity hunt)
@superfugewasbrown
May 10, 2024 - 4:12 pmI've learned that every day is independent from the last. People believe technical analysis is what makes you win. That's far from the case. Technical analysis gives you opportunities like more of a if price goes here I'll do this. Doesn't mean it's right doesn't mean it will go your direction. You could buy one ticker symbol let's say spy. Go long every day at the start of the year. Have a 100 dollar stop loss. Do that over and over. When you lose you lose 100 when you win you set a stoploss and let it ride. Even if you win 30% of the time you will still be profitable. With all that being said. I use the days price action to tell me where price is going. That's it so I would have gone Long after the 200ema break.
@FrankKynard
May 10, 2024 - 4:12 pmWell, seeing the FVG already mitigated and seeing a head and shoulders pattern, which is a strong reversal pattern I wouldβve simply passed..
@michaelklos8089
May 10, 2024 - 4:12 pmThe market was going sideways at this point and looked to be reversing but hadn't confirmed the change in direction yet. The next candle confirmed the change. Even if going short, i would wait for the pullback which would have ended up preventing the order entirely given how strong it was. This is a great example of why you don't adjust your stop loss, if you're wrong, forget the trade and move on to the next one.
@BabypaulPj
May 10, 2024 - 4:12 pmFair value gap up left
@squadgang1678
May 10, 2024 - 4:12 pmDid a mistake… you didnt see W pattern forming on lower band which is a bullish signal to be precise
@s7n245
May 10, 2024 - 4:12 pmsell
@s7n245
May 10, 2024 - 4:12 pmsell
@mrswifty360
May 10, 2024 - 4:12 pmCant pass or fail because your leaving out important and key information.
@Watykaniak
May 10, 2024 - 4:12 pmimportant news and events beat thechnical analysis, but i'd still pas that trade, there's support forming
@medroumikamel9157
May 10, 2024 - 4:12 pmYou should study a little bit supports and resistances.
@Anis-nd6pp
May 10, 2024 - 4:12 pmThere is double bottom
@itsoktoberight4431
May 10, 2024 - 4:12 pmI always end up checking the news AFTER my trade goes against me π
@hempwho5651
May 10, 2024 - 4:12 pmU missed Pattern recognition, this usually happens in gold. comment βdouble bottomβ close but not a good definition yet
@epicallysam661
May 10, 2024 - 4:12 pmYeah I said buy. There's a clear reversal at the tail end as you can see higher lows and higher highs. There is selling pressure but more buying pressure as you can see where the candles wants to go. I usually don't buy in until the candle closes above the moving average this signals to me a bullish trend. Plus, that bearish run has to be adjusted for as well. Also, a slight bullish penant at the end there with consolidation indicates an upward trend.
@mp4121
May 10, 2024 - 4:12 pmI was thinking consolidation, and waiting for answer. Didn't expect the ending tho ahhah
@whisperswhispers2600
May 10, 2024 - 4:12 pmChoch
@santosoabimayu
May 10, 2024 - 4:12 pmSideways is sign of weakness. Wait break up breakdown
@Binladen-jc2yb
May 10, 2024 - 4:12 pmAlready lose its strength towards downward direction.
@geniusgamer1121
May 10, 2024 - 4:12 pmDow theory price movement is like waves in the ocean.
Price goes down so it has ro come up like the waves do. Further more there are so many short sl up there and a big liquidity pool.
Contraction of bb shows a big upcoming move and ema confirm it by the weakness of trend .
So go long
@blackmagick77
May 10, 2024 - 4:12 pmYou could also say its in consolidation. There's a small double bottom plus the 200ma is flat and the BB are squeezing.