Following Forex Price Action - A Powerful Method for Huge FX Gains

Here we look at the concept of forex price action following over maps and making huge gains FX with a simple and proven method. If you use an FX strategy is closed, you will catch every major trend and get so -. Let's take a look at it in detail

If you look at the chart of any currency pair you will see big trends that last for weeks on end, and these trends can give you a fantastic profit if you know how to get in njih.Dobra news is all the big trends start and continue in the same way - they break resistance overhead, and then move over and it is called a breakout. If you trade breakouts, you will have an easy and powerful way to simply follow price action and gets on all the big trends.

Of course, not every break the resistance will see a new trend of development and many will fail to follow through. To make a profit, you know what breaks offer you the best rates - before you enter your trading signal

The best breaks are those that occur after the level has been tested several times and it becomes important for other retailers. If the level has been tested several times, traders will want to short the resistance and have your stop behind njega.Više times the level of testing, more stops were grouped behind the resistance. When an interruption occurs and stops the run and push prices away from the switching point of time, new technical buying pushed prices to come away from the switching point and the new trend was born.

in terms of number of tests before the break, like around 4 - 6 and ideally want two one testicle to be at least a month apart.Prekida when it comes to is even better if most people think the currency should be going on second način.Razlog these breaks are better is simple -. The vast majority of traders still lose money, and there are likely to be a lot of stops to be hit as resistance gives way and takes the losers from the market

a simple method above, you will make money, not only will you in all the major trends, the ability to store a few times a week and make triple digit gains. If you want to achieve currency trading success, there is no better way than to switch trading.