#price action trading

[digitalzoneonyoutube]

Auto Trading with FTS MT4 Indicator 👉 +85% accuracy 🔥

[forextradingcoursebyprofithills]

Best Time For Trade In Forex

Forex is a very dynamic and thrilling market; over $6 trillion in volume passes through it each day, and it operates for 24 continuous hours five days a week. Not every moment is appropriate for trading, despite that. Knowing when the market is most conducive will help you maximize your success. In this article, we will study the best time to trade forex and how to capitalize on those periods for Profithills Education.

Knowing Your Forex Trading Hours

The forex market functions within the major financial mainstays of Sydney, Tokyo, London, and New York. Each of these main centers has different opening and closing times, thus forming the various segments of trading that would overlap. These overlap periods constitute the most liquid and volatile market and thus present the best opportunities to traders.

1. Overlapping of London and New York session.

Time: 8 AM to 12 PM EST

The London and New York session is considered the best time to trade forex since these two are the major financial hubs in the world. During this session, from 8 till noon EST, market becomes intensely volatile. By the time the U.S. market opens, there is more liquidity in the market, which always equates to a greater opportunity for price swings and breakouts, which day traders and short-term investors would favor immensely. Currency pairs like the EUR/USD, GBP/USD, and USD/JPY tend to have the greatest movements during this session.

Why trade during this session?

High volatility and liquidity

Major economic news releases

Best for short-term strategies like scalping and day trading

2. Tokyo-London Overlap

Time: 3 AM - 4 AM EST

While much shorter and less volatile than the London-New York overlap, the window between Tokyo and London can still provide some trading opportunity to those trading Asian currencies such as the JPY, AUD, and NZD. Liquidity is relatively low compared to the London-New York overlap. Traders seeking early morning setups may find good price action during this period.

Why trade during this time?

Movement in pairs involving the yen and Australian dollar

Moderate volatility

Best for traders who like less competition 3. London Session Time: 3 AM - 12 PM EST Actually, the London session itself represents a huge portion of the daily volume in the forex market. The fact that this session partially overlaps with the Asian session in the morning and with the U.S. session in the afternoon makes it a perfect moment to catch big moves. Many institutional traders are active during this time, so stronger price oscillations may also be noticed in pairs like GBP/USD, EUR/USD, and EUR/JPY.

Why trade during this time?

High liquidity across multiple currency pairs

Suitable for swing traders and long-term positions

Good for technical analysis-based strategies

4. New York Session

Time: 8 AM - 5 PM EST

The New York session is the second most active market in forex trading. Overlapping with the London session brings about the most market volatility during the day. When London closes, there is still some action to find in the New York session, majorly between major USD pairs. Also, be on the lookout for any economic data release from the U.S. as it might form sharp movements.

Why trade during this time?

U.S. economic news moves the dollar

High volatility during the opening hours

Suitable to trade major USD pairs

Times to Avoid Trading

Even though forex is 24/5, there are times that ought to be avoided because of low liquidity and high unpredictability:

The Weekend Gaps: The Forex market closes at 5 PM EST on Friday and opens at 5 PM EST on Sunday. It is possible that when the market opens on Sunday, the price may gap higher or lower than where the market closed on Friday, especially since important news may have occurred over the weekend.

Holidays: Trading on major holidays, such as Christmas or New Year's Day, is extremely risky because markets are thin, and prices can act very erratically.

Low Liquidity Times: This would be around 5 PM - 7 PM EST. The session in New York has closed, and the session in Sydney has just opened. This would be considered the least liquid time because it would become a lot more difficult to enter trades with tight spreads.

Key Takeaways

The best time to trade forex depends on your strategy and which currency pairs you're looking at. If you're after high volatility and volume, the overlap between London and New York is still your best bet. Conservative traders, on the other hand, may find periods like the Tokyo or Sydney sessions more conducive to their needs. While they are considered quiet sessions, they are still viable options for trading, especially in currency pairs related to the Japanese yen or Australian dollar.

The whole of successful forex trading is basically about timing the most active and liquid market hours. If you target these peak periods, you could better your chance at catching the larger movements in prices and profiting from the world's largest financial market.

Conclusion

Everything in forex trading is all about timing. Whether you are a complete beginner or an accomplished trader, knowing when to trade can give you an enormous advantage. By focusing on the overlap of major financial centers and keeping an eye on key economic events, you can strategically plan your trades for maximum profitability. Follow these guidelines and set yourself up for success along your forex trading journey.

[sharemarketinsider]

why do price action traders fail? and Solutions

Are you frustrated with the results of your price action trading despite investing a significant amount of time and effort into analyzing the charts and following the latest market trends?

[vaishviktrader]

Price Action Trading: Strategies, Tips, and Professional Tools

Trading based on price action trading is a potent method that uses past price changes to guide trading choices. It does not rely a lot on technical markers like other strategies do. Instead, it zooms in on things like price changes, how much is being traded, and patterns. This post will talk about good strategies for trading with price action, give helpful advice, and showcase pro tools that can make trading even better.

[signode-blog]

Price Action Trading

Mastering Price Action Trading: Strategies, Patterns, and Psychology Price action trading is a methodology used in financial markets, particularly in trading stocks, currencies, commodities, and other assets. Unlike traditional technical analysis, which relies heavily on indicators and mathematical formulas, price action trading focuses solely on the movement of prices on a chart. It is based…

[gillbroking]

📣 Price Action Trading 📈

✔ Unleash the potential of price action trading, where market expertise emerges through chart whispers rather than signals or gimmicks.

Let's see how this works:

▪ Recognize the opposition and the support.

▪ observe patterns.

▪ Determine candlestick patterning.

Keys to mastering price action trading:

▪ Utilise numerous time frames.

▪ Make things simple.

▪ Exercise using a demo.

▪ Wait for the right opportunities.

▪ Pay attention to risk management via stop-loss orders.

Explore more at 👉 here

Download the mobile app👉 here

[ryz-market]

📣 Price Action Trading 📈

✔ Unleash the potential of price action trading, where market expertise emerges through chart whispers rather than signals or gimmicks.

Let's see how this works:

▪ Recognize the opposition and the support.

▪ observe patterns.

▪ Determine candlestick patterning.

Keys to mastering price action trading:

▪ Utilise numerous time frames.

▪ Make things simple.

▪ Exercise using a demo.

▪ Wait for the right opportunities.

▪ Pay attention to risk management via stop-loss orders.

Explore more at 👉 here

Download the mobile app👉 here

[tradesenseinstitute]

Learn with us the structure of these patterns, where they are found, how to confirm them, and most importantly how to trade with them.

Which involves:

Where you can take an entry position in the market,

Where you can put the stop loss,

And at what point an exit can be beneficial.

Three outside up, three outside down, three inside up, and three inside down patterns are the most commonly used candlestick patterns in technical analysis. As the name suggests they are three candlestick patterns and often signal trend reversal.  Either a bullish reversal or a bearish reversal. The appearance of these patterns indicates that the market's trend either upward or downwards is going to change....

[tysonrooney06]

How To Commerce The Inverse Head-and-shoulders Sample

With the investor loosing interest in investing in shares, the volume drops and the inventory worth starts to decline. The heart trough is the deepest and the opposite two are of roughly the same depth. An inverted Head and shoulders pattern occurs when the price of a security drops marking the bearish pattern and reaches the bottom level. Then the bullish development kicks back in and pushes the worth upwards.

In this case, the inventory's price reaches three consecutive lows, separated by momentary rallies.

This breakdown ought to be convincing, occurring on robust volume and coinciding with momentum indicators pointing towards sturdy bearish momentum.

If the value advance preceding the top and shoulders top is not long, the following worth fall after its completion may be small as nicely.

All expressions of opinion are subject to vary without discover in response to shifting market circumstances.

Some progress on the US debt ceiling talks is lifting the general market mood. The Relative Strength Index indicator turned bearish, warranting that additional downside is expected, whereas the 3-day Rate of Change , continues to slide beneath its neutral level. Futures and futures choices buying and selling includes substantial risk and isn't appropriate for all investors. Please read theRisk Disclosure Statementprior to buying and selling futures merchandise.

Figuring Out The Pinnacle And Shoulders Trading Pattern

The neckline can additionally be an essential part of the pinnacle and shoulders sample as it is the stage of resistance that merchants use in order to set up the world vary to put orders. So, to find the neckline, first, find the left shoulder, head, and proper shoulder. Then connect the low factors after the left shoulder with the low after the head, which creates the neckline.

It can be difficult for newbies to determine the altering developments.

Is Your Risk/reward Enough?

Chart patterns Understand the method to learn the charts like a professional trader. Live streams Tune into day by day live streams with expert merchants and transform your buying and selling abilities. A catalyst is something that can move traders or buyers to buy or promote a stock. That’s as a outcome of you must use this sample to discover out a significant change in development. Ascending triangle pattern need a lot of traders to see the sample, so they act accordingly and the price sample plays out.

[wealthunter01]

WHAT DO WE MEAN BY FOREX TRADING STRATEGIES?

Forex trading strategies refer to the specific plans and methods that traders use to buy and sell currencies in the foreign exchange market. There are many different forex trading strategies, and each one has its own unique set of characteristics and risks. One of the most popular forex trading strategies is technical analysis. Technical analysis involves using past price and volume data to…

[digitalzoneonyoutube]

The Most Profitable and strong strategy for binary options | DigitalZone

[forextradingcoursebyprofithills]

How to Learn Trading

Trading is one of the most vibrant and dynamic ways of investment in financial markets. Though brilliant opportunities for profit are available therein, there are lots of challenges, too. Whether it is stocks, commodities, forex, or cryptocurrencies, learning how to trade effectively will be important if you want long-term success. At Profithills Education, we try to make this learning process simpler. In this blog, we are going to outline the main steps one should cover in the beginning of his trading path.

1. Understand the Basics of Trading

Whenever one wants to trade, the first thing to understand is what trading actually is. It incorporates:

Markets: Knowing that there are types of markets, like stock, forex, cryptocurrency, and commodities.

Assets: Knowing some of the available assets to trade, such as but not limited to shares, currencies, and commodities.

Order Types: Knowledge of basic order types, such as market orders, limit orders, stop-loss, and take-profit.

Leverage and Margin: Knowledge of leverage and margin, important concepts in most trading.

Knowing these will actually provide you with a firm foundation for more advanced concepts that you may learn later.

2. Build a Strong Knowledge Foundation

Trading is all about making the right decision, not about mere buying and selling. For that, you will need to make a strong foundation of knowledge based on the following material:

Books: You may read some classic books on trading, such as "Market Wizards" by Jack Schwager or "A Random Walk Down Wall Street" by Burton G. Malkiel.

The structured online courses teach the principles of trading, risk management, and strategies. We have a number of courses targeting both the beginner and the intermediate at Profithills Education. Blogs and News Sites: It's also important to keep up with reputable financial news and trading blogs regarding what goes on in the market trends and economic factors that cause those trends to change. 3. Master Technical and Fundamental Analysis There are, in general, two ways to analyze the markets:

Technical Analysis: Based on charts and indicators predicting price movement in the future, it can therefore allow traders to find trends, reversals in trends, and the perfect entry or exit points.

Fundamental Analysis: In this type of analysis, the root factors affecting the value of an asset are considered-be it the financial health of a company, economic indicators, or geopolitical events.

Both are main types of analysis, and learning how to merge them will turn you into an all-inclusive trader.

4. Choose Your Trading Style

One size doesn't fit in trading. There is a particular trading style for a particular type of trader.

Day Trading: This style of trading involves buying and selling the same security in one day, catching the minute movements of its price.

Swing Trading: This style targets catching higher price movements taking several days or perhaps weeks.

Scalping: The really fast-paced style of trading where lots of trades are taken inside minutes or hours with small profits.

Position Trading: This involves a more long-term approach where traders hold positions for several months or even over a number of years according to their fundamental analysis. Choose one style that fits your lifestyle, risk tolerance, and time commitment to the markets.

5. Use a Demo Account

It is always a good thing to practice in a simulated environment before you begin to risk your real money. Most of the brokers will give you demo accounts on which you can trade virtual money. This will let you:

A. Try different approaches

B. Get used to the trading platform

Learn how to handle trades and emotions with no financial risk.

It is an excellent way to build confidence before transitioning to a live account.

6. Develop a Trading Plan

Among the principal mistakes that the new traders do is that they trade without any type of plan. A trading plan delineates your:

Goals: What is it you want to achieve from trading?

Risk Management Rules: How much of your capital are you willing to risk per trade? To preserve your capital, set a stop-loss on each trade.

Entry and Exit Rules: You have to make it crystal clear what would be your entry and exit criteria.

Trade Strategy: This has something to do with the trading style and the way you carry out your analysis. You may use either price action, technical indicators, or even a combination of both; the bottom line is consistency in whatever you choose to do.

7. Start Small and Scale Gradually

When you have practised on a demo account and feel comfortable with your strategy, go live. You start small and only risk a very small portion of your capital. You scale up gradually as you build experience and confidence.

8. Keep Up with Your Progress

Continuous learning and self-evaluation are pretty significant for a trader. Much like in any other profession, you have to keep a trade journal, which would track:

Things to include in this journal are: the trade made; the reason for getting in and out of the trade; the outcome of the trade; what is learned from both profitable and losing trades. This journal will lead you to fine-tune your strategies and make better decisions over time.

9. Control Your Emotions

Much of the time, trading is a source of stress, especially when markets become really volatile. Many times, rational judgment gets overtaken by fear and greed. To avoid impulsive decisions, stick to your trading plan, risk management rules, and keep yourself in balance. Most traders believe that meditation or some light mental exercise keeps them focused.

10. Stay Updated with Market News

Financial markets are driven by economic reports, corporate earnings, geopolitical events, and even social trends. Being updated with the news in the market will help one to spot where the markets are going to move. Subscribe to reliable news sources and follow the economic calendars.

It is a process of learning to trade that requires a hell lot of time, patience, and due course learning. We at Profithills Education emphasize from our end that new traders take time to build a strong foundation instead of rushing into live markets. Anyone can learn the art and science of trading with the right mindset, resources, and discipline.

[sharemarketinsider]

4 Reasons Why Price Action Trading is the Best

[signode-blog]

Unveiling the Volume Profile Indicator: A Key to Market Structure Mastery

In the intricate world of financial markets, understanding the ebb and flow of trading volumes is akin to deciphering the language of the market. Among the myriad of tools and indicators at a trader’s disposal, the Volume Profile stands out as a powerful method for visualizing the trading activity at different price levels over a specified period. This detailed exploration aims to demystify the…

[moneyymonk]

14 Candlestick Patterns Every Trader Should Know: A ultimate Guide

Candlestick charts are one of the most commonly used charts for trading and technical analysis. They are a powerful tool that can help traders make informed decisions about when to enter and exit trades. The patterns that form on candlestick charts can provide valuable information about market trends, price movements, and potential reversals. In this article, we will explore the 14 candlestick patterns every trader should know. Read more

[bearbulls]

How To Master Price Action Trading 2022

How To Master Price Action Trading 2022

Price action is the most popular and most used way to trade. This course will teach you how to master price action trading and how to be a Successful Trader, as well as show you the best chart patterns and how to use them for maximum profit. What is Price Action Trading? In fact, in answering the question ‘What is Price Action Trading?’, it could be said that it is Price action trading is a…