Apa shj ttg forex... anything about forex

Who is online?
In total there is 1 user online :: 0 Registered, 0 Hidden and 1 Guest

None

[ View the whole list ]


Most users ever online was 40 on Sun Oct 27, 2013 11:32 pm

Latest topics

» Kelas Forex " Teknik 100 PIPS Sehari ! " & SIGNAL PERCUMA !
by Aqila Wed Nov 08, 2017 7:09 am

» Suggerimenti di sicurezza per i trader principianti durante il trading
by sandysr Fri Nov 03, 2017 8:18 pm

» Kursus Saham Bursa Malaysia & WallStreet (CFD) - RM69!
by Aqila Wed Nov 01, 2017 12:20 pm

» abcd abcd abcd abcd abcd abcd
by sandysr Fri Oct 13, 2017 5:33 pm

» Always avoid emotional trade in Forex
by sandysr Wed Sep 20, 2017 7:39 pm

» dds sf
by sandysr Tue Sep 19, 2017 4:47 pm

» How to trade?
by sandysr Mon May 22, 2017 9:52 pm

» A clear overview of the most traded candlestick pattern in the forex market
by sandysr Fri Apr 28, 2017 8:21 pm

» Top 3 Things to Consider While Choosing the Right Broker
by sandysr Mon Apr 03, 2017 3:14 pm

» Forex Trading, Currency Pair and Leverage
by sandysr Tue Mar 28, 2017 3:35 pm

» Life changing course to make massive income!
by Michaeljordan Wed Oct 14, 2015 5:36 pm

» 100% deposit bonus from FXVAN
by Mariatrader Tue Sep 09, 2014 9:04 pm

» FXVan - reliable brokerage company
by FXVan Tue Jul 22, 2014 9:49 pm

» FreshForex-www.freshforex.com
by FreshForex Thu Jun 12, 2014 8:04 am

» Grand Capital-grandcapital.net/eng
by ExpertGC Fri Oct 18, 2013 7:40 am

Top posters
Aqila (106)
 
asiaforexmentor (36)
 
sirz01 (21)
 
KajolThappar (14)
 
Admin (12)
 
tavaNordFX (8)
 
sandysr (8)
 
ExpertGC (7)
 
Matija Scalres (5)
 
taie forex (3)
 

November 2017
MonTueWedThuFriSatSun
  12345
6789101112
13141516171819
20212223242526
27282930   

Calendar Calendar


You are not connected. Please login or register

Free Daily Price Action Forex Trading Strategies & System From Asia Forex Mentor

View previous topic View next topic Go down  Message [Page 1 of 1]

Forex Trading Strategies & System – 2nd Chance


In Forex trading, price always gives us a 2nd chance to place our trades before it takes off.
It can be considered as a 2nd chance or you can consider it as a confirmation bar.
In the chart above, Aud Usd.
We can see the first highlighted blue box showing a pin bar.
As this was not the nicest pin bar of all. We did not take it.
Or if just to say – we missed this pin bar for some reasons. Either by choice or we were not at the chart when it happened.
As mentioned, price always gives us a 2nd chance or a confirmation bar – which is the 2nd highlighted blue box showing a pin bar.
Telling us a great hint that the train is sounding its horn and is taking off – getting the last few passengers to board the train.
Usually Most of them time, the train will take off after that, heading our direction.
In the chart above, besides the pin bar. There are several reasons (confluence factors) which we had entered on the trade.
1) Overall uptrend movement
2) Pin bar at the price pivot area 0.94900
3) Trend line confluence
4) Double confirming pin bar
Remember – the more the confluence. The higher the probability of the trade.
Here’s another example:



Forex trading Pair: Gbp Aud
I need not explain much on this as its clearly shown in the chart.
1) Double pin bar
2) Price pivot area of 1.63500
3) Swing Low
4) Divergence
There are plenty of examples in regards to this if you look closely at the charts itself.
If you find this post interesting, do comment on it.

Ezekiel Chew king
Asia's #1 Forex Mentor

View user profile

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum